South Korea Plans To Spend 200 Billion Won For Automotive Chip Technology : Tech : koreaportal

South Korea to spend on automotive chip technology

He even revealed that it is one of the objectives of the South Korean government to invest in developing automotive application processors.

As of the moment, the country is still trying to cope with the current global shortage of automotive chips amid the novel coronavirus pandemic. Based on a report by The Daily Star, South Korea has been simplifying customs procedures for automotive chips since February.

“As automotive chips are key parts of the car industry and demand for future-generation cars is high, it is urgent to ease a … Read More