Home Business Hyundai Motor’s own semiconductor development wins… Success Depends Here: Park Shin-young’s Electroman

Hyundai Motor’s own semiconductor development wins… Success Depends Here: Park Shin-young’s Electroman

by news dir

Hyundai Motor Company once again announced its intention to develop its own semiconductors. The lack of supply and demand for automotive semiconductors is causing production disruptions at global automakers including Hyundai Motor Company.

However, in the industry, there are about 200 to 300 semiconductors used in vehicles, and there is growing curiosity about what kind of semiconductors Hyundai Motor is trying to internalize. In addition, as it is not easy to produce in-house even if you have the capability to develop semiconductors, there is still the task of establishing a cooperative ecosystem with foundry (semiconductor consignment production) companies.

“We want to develop our own chip”

Jose Munoz, Hyundai Motor's Global Chief Operating Officer (COO) and North America Headquarters (President)

Jose Munoz, Hyundai Motor’s Global Chief Operating Officer (COO) and North America Headquarters (President)

According to Reuters on the 13th, Jose Muñoz, Hyundai Motor’s global chief operating officer (COO) and North American regional head (president), said in a meeting with foreign reporters that Hyundai wants to develop automotive semiconductors on its own. The reason is to reduce dependence on semiconductor manufacturers, he added.

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