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South Korea's Hyundai Motor Group has initiated a project aimed at significantly boosting the local production and procurement of automotive semiconductors from early this year, according to industry sources on Friday. Challenges stemming from the auto group's heavy reliance on international suppliers for its semiconductor needs, such as supply chain vulnerabilities exposed during the global pandemic, are e...

SEOUL (ANN/THE KOREA HERALD) – Hyundai Motor Group of South Korea has launched a groundbreaking project to ramp up the domestic production and sourcing of automotive semiconductors, as reported by industry sources on Friday.  The move comes in response to challenges stemming from the auto giant’s heavy reliance on international suppliers, a vulnerability highlighted during […]

42dot, the software mobility unit under Hyundai Motor Group, clinched a deal with Samsung Electronics to develop an artificial intelligence-based software-defined vehicle platform on the sidelines of the CES 2024 tech show in Las Vegas on Tuesday. Song Chang-hyeon, who doubles as 42dot CEO and president of the software-defined vehicle unit at Hyundai Motor Group, and Park Yong-in, president of the system large-scale ...