Hyundai Motor disbands semiconductor strategic group to focus on internal development

Hyundai Motor Group recently disbanded its Semiconductor Strategy Group, which was responsible for driving the company's internal development of automotive semiconductors to reduce its reliance on external suppliers. The decision is part of a broader reorganization of the company, and its functions and personnel are being reallocated to other departments. The Hyundai Semiconductor Strategy Group previously led Hyundai Motor's efforts in the development of autonomous driving chips. The dissolution of the department has raised questions about the future direction of its semiconductor strategy.