FILE PHOTO: An employee wearing a mask to prevent contracting the coronavirus disease (COVID-19) waits for custormers next to a Hyundai Motor's vehicle at Hyundai Motor Studio in Goyang, South Korea, April 21, 2020. REUTERS/Kim Hong-Ji
SEOUL (Reuters) -Hyundai Motor Group is in talks with South Korean chip companies to help it reduce reliance on foreign supplies amid a global shortage that has halted assembly lines at automakers around the world, four people familiar with the matter told Reuters.
Hyundai officials have met with local "fabless" firms - which design chips but outsource manufacturing to the likes of TSMC and Samsung Electronics Co Ltd - as it explores long-term strategies to better diversify its supply chain, according to two people at local fabless firms who met with Hyundai.
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