📊Executive Summary

Hyundai Mobis is actively seeking to secure a stable supply of automotive chips in South Korea, aiming to enhance its procurement strategy amid ongoing global semiconductor shortages. The company is focusing on local partnerships and investments to bolster its supply chain resilience, particularly for critical automotive components. This move is crucial as the automotive industry faces increasing demand for advanced chips, especially in the context of electric vehicles and autonomous driving technologies. By strengthening its domestic supply chain, Hyundai Mobis aims to mitigate risks associated with international sourcing and ensure timely delivery of essential components to its manufacturing facilities....