Hyundai Mobis to spin off module and parts production
Hyundai Mobis is reportedly spinning off parts and module production units into two subsidiaries in addition to its current subsidiaries – HL Greenpower, Hyundai IHL, and GIT.
As DIGITIMES Asia notes, with reports of high demand for chips, most governments in SEA are in precarious positions as they struggle to meet the demand. SEA countries, one after another, have the intention to build their domestic semiconductor ecosystems, including Indonesia and Vietnam.
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