Hyundai Motor says it wants to develop chips, cut reliance on chipmakers By Reuters
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© Reuters. FILE PHOTO: The Hyundai logo was seen at the Munich Auto Show, IAA Mobility 2020 in Munich, Germany on September 8th, 2021. REUTERS/Wolfgang RattayBERKELEY (California) – Hyundai Motor’s global operational officer stated Wednesday that the company wants its own chips in order to lessen dependence on chipmakers.
The company’s global chief operating officer, Jose Munoz, also told reporters the worst has passed for the chip shortage, adding it had the “toughest months” in August and September.
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