Korea Joongang Daily
Korea JoongAng Daily

Automative chips in spotlight as EV popularity booms

Electric vehicles' popularity will continue to boost demand and increase prices for automotive chips, as EVs are equipped with more chips than diesel cars. Market tracker Omdia predicts that global sales of automotive chips will grow 70 percent to...

2023-07-10

[ANALYSIS] LG Electronics aims to be bigger player in auto chip market

LG Electronics is expanding its auto chip offerings, building up what has been a small part of its business to seize opportunity presented by the semiconductor shortage.

2022-05-12

Is Samsung tempted to enter the auto chip business?

A global chip shortage that started in the auto industry and spread to other businesses has driven up the shares of Samsung Electronics, generating speculation that the Korean chipmaker might go into the auto chip business in a big way.

2021-02-16