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    Hyundai Motor plans to develop its own chips – TechCrunch

    Hyundai Motor is the latest automaker to announce plans to develop its own semiconductor chips to reduce its reliance on chip makers, according to the company’s global chief operating officer, Jose Munoz.

    As car sales fell during the pandemic, automakers began to boost production and supply existing chips to meet the growing demand for laptops and game consoles. Suspended the order in the same way as. When consumers started buying cars again, automakers faced a global semiconductor shortage that led to most OEMs — Apart from Tesla When Toyota — — Idling production line That is the cause Decline in car sales.. The need for chips is higher than ever, as most OEMs are also aggressively planning to use electricity. Apart from Hyundai Tesla When General Motors Announced plans to produce its own chips and eliminate middlemen.

    Hyundai’s sales in the last quarter weren’t too distressed, but Munos said the “most difficult months” were August and September. Reuters. South Korean automakers had to temporarily close some factories this year, but Munoz has gone astray with a chip shortage due to Intel’s huge investment in expanding capacity. Said that.

    Nonetheless, Munos told reporters that Hyundai did not want to be caught again without supply and needed more independence in space. He admitted that developing chips in-house would require a lot of time and investment, which is probably in collaboration with Hyundai Mobis, the company’s parts company, “what we are working on.” “is.

    “The ability to secure supplies may be a hallmark of successful OEMs overcoming industry turmoil and integration,” said Bob Leigh, senior market development director for the commercial market at software framing company Real-Time Innovations, on TechCrunch. Told to. “OEMs are more likely to buy and / or partner with companies that can secure supply, but this shortage will drive the industry to adopt new ones. Tip Technology that can be produced more economically. NS Tip Manufacturers don’t want to make legacy Tip That’s what car makers want. “

    Lee also said that while many automakers would go in the same direction as trying to own their own chip development, it’s not always feasible because they don’t have the expertise and don’t think they can scale. ..

    Hyundai Motor plans to develop its own chips – TechCrunch Source link Hyundai Motor plans to develop its own chips – TechCrunch

    The post Hyundai Motor plans to develop its own chips – TechCrunch appeared first on California News Times.

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