Hyundai Motor Set to Use Internally Developed Chip for Upcoming Car: Report

Hyundai Motor Set to Use Internally Developed Chip for Upcoming Car: Report
A car dealer stands in front of the logo of Hyundai Motor at its dealership in Seoul, South Korea, on April 25, 2016. Kim Hong-Ji/File Photo/Reuters
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SEOUL—South Korea’s Hyundai Motor Co. plans to use an auto chip it has developed itself for one of its upcoming vehicles next year, the Seoul Economy Daily reported on Friday.

Hyundai Motor, which together with affiliate Kia Corp is among the world’s top 10 biggest automakers by sales, plans to internally develop a silicon carbide technology based power chip, the newspaper said, citing an unnamed industry source.