October 14 - 09:10
Hyundai Motor to develop its own chips
Hyundai Motor wants to develop its own chips to reduce reliance on chipmakers, its COO José Muñoz has revealed. He added that the company had its "toughest months" during the summer, when it was forced to temporarily close some factories due to the global chip shortage. "The industry is reacting very, very fast," Munoz said. "But also in our case, we want to be able to develop our own chips."
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