Hyundai Mobis to lead M.AX alliance for automotive chip localization

Hyundai Mobis signed an MOU with South Korea's industry ministry under the M.AX AI Future Car alliance, which brings together 18 companies and institutions. As anchor company it will set localization requirements for automotive semiconductors, while research institutes handle real-vehicle validation.

• Hyundai Mobis becomes anchor of the 18-member M.AX AI Future Car alliance
• It will pass chip requirements directly to fabless firms and research institutes
• Research bodies will build real-vehicle validation and evaluation programs
• A second Auto Semicon Korea forum is planned for the second half of the year