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Hyundai Mobis Backs Localization of Automotive Chips and SDV Shift
Original: Hyundai Mobis Supports Localization of Automotive Chips, SDV Transition
Hyundai Mobis is working to support the localization of automotive semiconductors and the industry's transition to software-defined vehicles (SDVs). The South Korean auto parts maker is positioning itself to reduce reliance on imported chips while adapting its components business to vehicles increasingly controlled by software. The move aligns with broader efforts in Korea's auto supply chain to secure chip supplies and keep pace with the SDV transition reshaping the sector.
Why now: Automakers and suppliers are racing to secure chip supplies and adapt to software-defined vehicle technology, making localization efforts newsworthy.
Hyundai MobisHyundai Motor Group
Evidence
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