Automakers, chipmakers team up to resolve chip supply shortages
Mar 17, 2021
South Korea's automobile and semiconductor business groups on Wednesday said they will join forces in developing key automotive chips domestically, as the global supply shortages of key automotive chips are anticipated to disturb the production of cars. The Korea Semiconductor Industry Association and the Korea Automobile Manufacturers Association inked a memorandum of understanding to roll out joint research projects and seek ways to produce automotive chips domestically. South Korea is the w