Daily Management Review

Hyundai Motor Reportedly Internally Developing A Chip To Use In An Upcoming Car


Hyundai Motor Reportedly Internally Developing A Chip To Use In An Upcoming Car
In the wake of the global shortage of semiconductor chips for the auto industry, South Korea's Hyundai Motor Co now has plans for negating that impact – albeit partially. The car making giant is said to be planning to use an auto chip has been developed by the company itself in one of its forthcoming vehicles next year, according to a report published in the Seoul Economy Daily recently.
In terms of sales, Hyundai Motor, along with its affiliate car maker Kia Corp, is ranked among the top ten biggest automakers of the world.
The newspaper report, quoting sources with knowledge of the matter, said that the company plans in-house development and -house production of a silicon carbide technology based power chip.
Automakers around the world have been forced to halt production and bring down their work shifts b3cause of the global shortage of chips manufactured by semiconductor companies and caused by the pandemic interruptions, and production issues at chip factories. Auto companies also believe that the shortage would continue trough this year and well into 2022 as well.
The report said that the chip design process is being led by Hyundai's research centre and its auto parts affiliate Hyundai Mobis Co Ltd. The development process also include cooperation with multiple companies, including system chip manufacturer Magnachip Semiconductor Corp.
“We are aiming to apply our internally developed power chip to a new car to be launched in the second quarter of next year,” an unnamed Hyundai Motor official reportedly told the newspaper, but did not name the vehicle.
The Ioniq 6 would be the new vehicle model adopting the chip, said the Seoul Economy Daily report. The Ioniq 6 is Hyundai's dedicated electric car that is expected to be launched next year.
The newspaper also reported a Hyundai sources saying that the company has not yet finalised the chip production date. No official comment on the issue was available from Hyundai.
There were reports in the media in June about the South Korean car maker and its affiliates holding negotiations with local chip manufacturers for finding out ways for the company to reduce its dependency on foreign supplies of semiconductor chips.