Hyundai Mobis Unites Over 20 Partners to Revolutionize Korea's Automotive Semiconductor Industry

Hyundai Mobis is making significant strides in the automotive semiconductor industry by bringing together more than 20 companies and research institutions to foster a domestic ecosystem in Korea. As the first initiative of its kind, titled the 'K-automotive semiconductor' collaboration, this project aims to improve the abilities of the Korean automotive semiconductor industry, which has, until now, been heavily reliant on foreign imports from regions such as Europe, North America, and Japan.

On September 29, 2025, Hyundai Mobis hosted the inaugural Auto Semicon Korea (ASK) at the DoubleTree by Hilton in Seoul. The event gathered notable representatives, including industry leaders from Samsung Electronics, LX Semicon, and SK Keyfoundry, among many others. This gathering marked a pivotal moment in mobilizing a self-sustaining value chain tailored to the unique needs of the automotive sector.

Hyundai Mobis's involvement as a leader in this forum showcases its strategy to connect automotive manufacturers with semiconductor suppliers. By designing semiconductors in-house while also managing supply chains, the company is well-positioned to lead the charge in revitalizing Korea's semiconductor landscape. During the forum, key discussions centered around the necessary steps for establishing a sustainable Korean automotive semiconductor ecosystem, strategies for localizing key mobility semiconductors, and technical directions for developing a cooperative framework.

In his welcome address, President Lee Gyu-suk emphasized the necessity of establishing independent semiconductor capabilities through collaboration and shared development. He pointed out that integrating companies from different sectors would generate fresh business opportunities and bolster the domestic industry significantly. To this end, Hyundai Mobis encourages tech from sectors like home appliances and telecommunications to apply their expertise within the automotive field.

Park Chul-hong, Executive Vice President of Semiconductor Business at Hyundai Mobis, also highlighted the vital synergy between automotive semiconductors and vehicle controllers. He noted that with tailored specifications and fast-paced validations based on real vehicle testing, the development cycles could be greatly reduced. Such developments hold the potential to cut product rollout times by as much as two years.

To support the initiative and enhance the competitiveness of domestic firms, Hyundai Mobis plans to continue fostering ASK as Korea's premier automotive semiconductor forum. The aim is not only to hold it annually but also to expand participation to startups and established companies with existing semiconductor technologies.

The automotive semiconductor market is experiencing rapid growth, projected to climb to around $135 billion by 2030, and Hyundai Mobis seeks to capture a significant share of this industry. Its focus will primarily be on semiconductors for infotainment, connectivity, advanced driver assistance systems, and electrification, which could reasonably account for up to 70% of the total market.

In addition to enhancing collaboration within the automotive realm, Hyundai Mobis is actively supporting partnerships with firms specializing in consumer technologies. This includes integrating capabilities related to mobile devices and appliances into automotive systems. Such strategic alliances promise to not only enhance the domestic supply chain but also stimulate significant economic implications for Korea as it transitions towards greater semiconductor independence.

As the company moves forward, the efforts to localize semiconductor production cannot be overstated. With an in-house development of 16 semiconductor types in the current year, Hyundai Mobis exemplifies a commitment to innovation and growth within the sector. By pursuing engagements with forward-looking companies like GlobalFoundries and Dongwoon Anatech, Hyundai Mobis is paving the way for others to join the semiconductor space in the automotive sector.

Ultimately, the collaborative forum led by Hyundai Mobis is more than just a networking event; it signifies a monumental shift towards self-reliance in semiconductor capabilities. As Korea aims to strengthen its position in this essential and rapidly growing market, the combined efforts of private companies and institutions hold the keys to a sustainable and lucrative future for the automotive sector.

For more insights on the developments in the automotive semiconductor industry and Hyundai Mobis's initiatives, visit Hyundai Mobis' official website.