Stradvision, an automotive technology company, has announced the appointment of Sung Woo Shin from Hyundai Motor Company to its board of directors.
Shin, who brings over 20 years of experience in the automotive industry, is currently the vice president at Hyundai overseeing Corporate Venture Capital investments, which include hundreds of direct investments and 17 funds. He holds a Bachelor of Science in Industrial Engineering from Purdue University and an MBA from China Europe International Business School (CEIBS).
Junhwan Kim, CEO of Stradvision, said, “We look forward to Mr. Shin’s collaboration, leadership, and expertise as we aim to lead in the autonomous driving market.”
Over the past year, Stradvision said it has achieved significant growth, surpassing an annual commercial production of 1 million units in 2023. The company’s technology, SVNet, has introduced the ‘3D Perception Network’ which enhances camera-based systems in ADAS and autonomous driving by integrating with LiDAR sensors during development. Stradvision added it focuses on camera-based ADAS and autonomous driving technologies, aiming to reduce costs and increase the scalability of autonomous driving features.
