'Korean Tech Giants LG, SK, And Samsung Partner With Hyundai' - InsideEVs
Portfolio Pulse from Benzinga Newsdesk
Hyundai Motor Group has partnered with Korean tech giants SK, LG, and Samsung to enhance its EV technology. SK will provide batteries for Hyundai and Kia EVs, LG will supply OLED display panels, and Samsung will provide semiconductors for Hyundai and Kia products.
June 14, 2023 | 12:55 pm
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Hyundai partners with SK, LG, and Samsung to enhance its EV technology, which may expedite production and delivery times for its upcoming EVs.
Hyundai's partnerships with SK, LG, and Samsung will provide the company with access to advanced technology in batteries, OLED displays, and semiconductors. This will likely improve the quality and performance of Hyundai's EVs, potentially leading to increased demand and expedited production and delivery times.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Samsung partners with Hyundai to provide semiconductors for Hyundai and Kia products, potentially increasing demand for Samsung's Exynos Auto V920 chips.
Samsung's partnership with Hyundai will see the company providing semiconductors for Hyundai and Kia products. This could lead to increased demand for Samsung's Exynos Auto V920 chips, which will be used in Hyundai's vehicle infotainment systems by 2025. The partnership may also strengthen Samsung's position in the automotive semiconductor market.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80