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Hyundai Mulls Making Its Own Computer Chips

Hyundai Motor Co. says it is considering developing its own computer chips and sensors for advanced automotive electronic systems.
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Hyundai Motor Co. says it is considering developing its own computer chips and sensors for advanced automotive electronic systems. The devices are key to next-generation devices that will enable automated driving functions.

Hyundai has developed systems for partially automated systems and is now working on vehicles with a “high degree” of automation, Bloomberg News reports. It says the company aims to have a fully autonomous vehicle ready by 2030.

The average computer chip content on a vehicle rose 11% from 2010 to about $333 in 2014, according to an analysis by Bloomberg Intelligence. Hyundai currently buys chips and sensors from a mix of outside suppliers and its own network of affiliated companies such as Hyundai Mobis Co.

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