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Korean Industrial Insight No. 10 of AI, Semiconductors, Batteries and Electric vehicles |
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2025-03-04 |
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Ⅰ. AI INDUSTRY TRENDS
1. South Korean Government to Develop ‘Korean Version of ChatGPT’ with National AI Team
- Secured 18,000 high-performance GPUs and 1 trillion won investment in core universal AI technologies
The Korean government is set to develop a “Korean version of ChatGPT”. As the race for AI dominance intensifies worldwide, Korea aims to become one of the top three AI powers through concentrated government investment.
The third meeting of the Presidential Committee on AI, held on February 20, was designed to assess the rapidly changing dynamics of the global AI ecosystem and discuss various policies to enhance competitiveness in the AI sector. During the meeting, the Ministry of Science and ICT presented three agenda items, with the most notable being the “Ways to Strengthen National AI Capabilities Through the Expansion of AI Computing Infrastructure.”
Specifically, the government plans to leverage the expansion of infrastructure, such as the establishment of a national AI computing center, to secure independent AI model competitiveness. In particular, the initiative for the national AI flagship project, tentatively named 'World Best LLM' (WBL), will select an elite team to develop a world-class level large language model (LLM) in a short timeframe. The government will provide full support, including necessary data and graphic processing units (GPUs).
Additionally, a large-scale competition titled 'Global AI Challenge' will be organized to attract top talent. Winners will receive incentives, including support for startups or opportunities for employment with the WBL elite team.
In the long term, the government plans to invest 1 trillion won in technology development to secure core foundational technologies necessary for achieving artificial general intelligence (AGI), going beyond generative AI. Plans are also underway to expand the 'Global AI Frontier Lab,' which was established in New York last year, to Europe. Additionally, the government aims to enhance the 'Innovation Academy' to support practical innovation training and establish a 'Corporate-University Collaborative AX Graduate School.'
The government will also implement a master plan for strengthening AI computing infrastructure in three phases: immediate, short-term, and medium-to-long-term. By the first half of next year, it plans to acquire a total of 18,000 advanced GPUs. Of these, 10,000 will be secured this year through the national AI computing center, while the remaining 8,000 will be obtained through the establishment of the sixth supercomputer. Moreover, the government aims to increase the share of domestically produced AI semiconductors to 50% within the national AI computing center by 2030, thereby enhancing the competitiveness of low-power, high-performance domestic AI semiconductors.
The government will also strengthen the institutional framework, including tax incentives, electricity, and location support. AI will be designated as a national strategic technology under the Restriction of Special Taxation Act, expanding tax benefits for advanced AI research and workforce development (with preferential deduction rates of 30-50%) and integrated AI investments (with rates of 15-35%). Additionally, when establishing AI data centers in noncapital regions, the government will consider preferential assessments for the impact on the power system, while diversifying locations to include port hinterlands and airport support facilities.
The South Korean government ultimately aims to accelerate the national AI transformation (AX) through AI computing infrastructure, utilizing proprietary AI models developed by domestic talent. To achieve this, initiatives will be implemented across various sectors: in education, the expansion of AI digital textbooks; in healthcare, the expansion of personalized treatment and health management services; in media and culture, the development and practical application of AI services for creative activities and video editing; and in legal services, the provision of legal information to the public and support for document preparation.
2. Korean Shipbuilding Industry Accelerates to Dominate AI-Based Autonomous Ship Market
The Korean shipbuilding industry is accelerating the development of autonomous ship technology to secure a leading position in the global market. Autonomous ships integrate advanced technologies, such as artificial intelligence (AI), into their systems to support decision-making and minimize crew intervention.
All three major shipbuilding companies in Korea are intensifying their efforts to develop autonomous ship technology, which is recognized as a key growth area for the future.
In the final stages of technology development, ships will be capable of operating autonomously without crew onboard, making decisions on their own. This advancement is expected to lead to a reduction in maritime accidents and lower maintenance costs.
Forecasts indicate that the autonomous ship market is expected to grow rapidly, reaching a market size of $180.5 billion (approximately 259 trillion won) by 2032.
The industry is actively pursuing initiatives to secure a dominant position in the global market.
HD Hyundai conducted integrated demonstrations of autonomous navigation and remote control technology on an 8,000 TEU (1TEU equivalent with one 20-foot container) container ship last November, successfully obtaining Approval In Principle (AIP) from Korean Register (KR) and Liaberian International Ship & Corporate Registry (LISCR).
As a result, HD Hyundai plans to commercialize an integrated remote control service using the autonomous navigation solution "HiNAS Control" from its subsidiary Avikus, along with the remote control solution developed in-house by HD Korea Shipbuilding & Offshore Engineering.
Notably, HD Hyundai showcased the world's first technology for transferring control between multiple Remote Operation Centers (ROCs) for large vessels during this demonstration. This technology enables the transfer of control from one ROC to another while the ship is operating on long-distance routes, ensuring the continuity of remote navigation.
Samsung Heavy Industries has also introduced "Shift Auto," a mission-based research vessel equipped with fully autonomous navigation functions from the design stage.
Unlike traditional systems that were limited to specific demonstrations such as obstacle identification and detour guidance, "Shift Auto" incorporates various autonomous navigation technologies from the design stage, including automatic docking and undocking, as well as voice-based control. This feature makes the future technology development more scalable and versatile.
Additionally, Samsung Heavy Industries successfully completed a 1,500 km voyage in the South China Sea with the large container ship EVERGREEN equipped with an autonomous navigation system in 2023. Furthermore, last year, the training vessel "Segyero" from Mokpo National Maritime University completed a demonstration on a Philippine route spanning approximately 2,800 km, bringing the company closer to commercialization.
Hanwha Ocean is currently conducting various demonstrations using its autonomous navigation test vessel, "HAN-V." The company aims to achieve level 4 fully autonomous navigation capability without crew by 2030, incorporating a zero-carbon propulsion system into its smart ship technology.
With the expectation of visible cooperation in the shipbuilding sector between the U.S. Donald Trump administration's second term and South Korea, there is a growing demand for institutional support at the government level.
3. DeepSeek Temporarily Suspended from Google Play and Apple App Store
- Korea Personal Information Protection Commission suspends DeepSeek from domestic app market for improvements
- Existing users advised to exercise with caution such as personal data
The Korea Personal Information Protection Commission (PIPC) announced on February 17 that the download service for 'DeepSeek' on app markets such as Google Play and the Apple App Store has been temporarily suspended since February 15 at 6 PM. The service is expected to resume after necessary improvements and adjustments in accordance with domestic privacy laws.
The temporary suspension of the DeepSeek app restricts new app downloads on app markets, but existing app users and web service access will not be affected.
The PIPC sent an official inquiry to DeepSeek's headquarters regarding its data collection and processing methods shortly after the service launch and initiated its own analysis of the service.
The analysis revealed some shortcomings in the communication features and privacy policies concerning third-party vendors, as pointed out by domestic and international media. Following the designation of a domestic representative on the 10th, DeepSeek acknowledged that it had overlooked certain aspects of domestic privacy laws during the global service launch process and expressed its intention to actively cooperate with the PIPC on the 14th.
The Korea PIPC assessed that it would take a considerable amount of time to rectify the DeepSeek service in accordance with the protection laws. To prevent further concerns, the Commission recommended DeepSeek a temporary suspension until improvements and adjustments. DeepSeek accepted this recommendation and suspended its services on domestic app markets starting February 15.
The Korea PIPC stated, "During the suspension period, we will conduct a thorough review of the data processing practices of the DeepSeek service to ensure compliance with the privacy protection laws and alleviate public concerns regarding personal data privacy." They emphasized that the temporary suspension of the DeepSeek app restricts new app downloads on app markets, and existing users should exercise caution by refraining from entering personal information into the DeepSeek input prompt until the final results are announced.
Ⅱ. SEMICONDUCTOR INDUSTRY TRENDS
1. "Secure 18,000 AI Semiconductors” A Step Towards Becoming an AI Powerhouse"
- National AI Committee unveils blueprint for 'Big 3 Leap':
- Secure 18,000 GPUs to expand AI infrastructure
- Invest 5. 7 trillion won in policy financing and 3 trillion won funds in fostering unicorns
- Boldly open high-quality public data, including in healthcare
A blueprint has been unveiled to develop a "Korean ChatGPT" with global competitiveness, aiming to position South Korea as one of the top three AI powerhouses. The government has decided to start the "World Best LLM" project, focusing on three key strategies: expanding infrastructure, including the acquisition of GPUs; fostering AI startups and talent; and opening public data.
On the 20th, Acting President and Deputy Prime Minister Choi Sang-mok, who also serves as the Minister of Economy and Finance, chaired the third meeting of the National AI Committee, where he announced measures to enhance the country's AI capabilities through the expansion of AI computing infrastructure. The plan focuses on rapidly increasing AI infrastructure, including advanced GPUs, and providing incentives for exceptional talent to engage in software development by increasing support for AI startups. The government will select a "national AI elite team" from among companies, providing concentrated support in terms of data, computing resources, and research funding to the chosen firms.
The plan is to secure 10,000 state-of-the-art GPUs by the end of this year to establish a national AI computing center, with an additional 8,000 GPUs to be acquired by the first half of next year for the construction of a sixth supercomputer. A budget of 770 billion won will be allocated for this initiative. AI will be designated as a national strategic technology under the Special Tax Treatment Control Act to expand tax incentives. The government will designate AI as a national strategic technology under the Restriction of Special Taxation Act and expand tax benefits. It will also consider preferential treatment for power system impact assessments when establishing AI data centers outside the metropolitan area, as part of efforts to improve tax and energy-related regulations.
The goal is to foster five unicorns in the AI sector by 2027, with a commitment to provide 5.7 trillion won in policy financing this year. Additionally, an AI-focused fund of 3 trillion won will be established by 2027. This initiative is based on the vision that successful AI startups will naturally attract top software talent, creating a virtuous structural cycle in the industry.
Moreover, the plan includes hosting the "Global AI Challenge," the world's largest competition, to attract top talent from around the world. The government will also boldly open high-quality data, particularly in the healthcare sector, to support the development of industry-specific AI services that can thrive in the global market.
2. Industry Minister Holds Talks with Dutch Economy Minister for Close Semiconductor Cooperation
The Ministry of Trade, Industry and Energy announced that Minister Ahn Dukgeun met with Dirk Beljaarts, the Dutch Minister of Economic Affairs, on the 20th in Seoul to discuss ways to strengthen industrial cooperation between the two countries, including in the semiconductor sector.
Both parties exchanged views on various topics during the meeting, including bilateral cooperation, economic security, supply chains, and semiconductors.
Minister Ahn stated that there is a high demand for collaboration in advanced technology sectors and highlighted that the two countries are actively pursuing research and development (R&D) cooperation in areas such as information and communications technology and biotechnology. He expressed hope for the expansion of such technological partnerships.
Minister Ahn further noted that since the establishment of the "Semiconductor Alliance" between the two countries in December 2023, collaboration in the semiconductor sector, including the operation of an advanced semiconductor academy, has been progressing smoothly. He emphasized the importance of close cooperation between the two nations considering the increasing uncertainty in the global semiconductor supply chain.
The Ministry reported that both sides agreed that economic security has become a critical issue for both countries, especially as uncertainties in the trade environment continue to deepen.
The Netherlands, home to ASML, a key manufacturer of photolithography equipment essential for producing advanced semiconductors, is the second-largest trading partner with South Korea among EU member states as of 2024.
3. Former Samsung Employee Sentenced to 7 Years in Prison for Semiconductor Technology Leak to China
A former employee of Samsung Electronics and an associate from a partner company were sentenced to a significant prison term in the first trial for allegedly leaking key semiconductor technology to a Chinese company. The Seoul Central District Court's Criminal Division 25, presided over by Judge Ji Gwi-yeon, today (the 19th) sentenced former Samsung Electronics director Kim to 7 years in prison and a fine of 200 million won for violations of the Industrial Technology Protection Act. Additionally, Bang, an employee of the partner company A, received a sentence of 2 years and 6 months in prison.
The court stated, "This is a serious crime that significantly undermines healthy competition and not only wastes the substantial time and resources of the affected company but could also have a severe negative impact on the competitiveness of South Korea's national industry. The damages incurred by the affected company are considerable, and particularly, the losses for Samsung Electronics are expected to be immense."
Mr. Kim is accused of unlawfully leaking information related to Samsung Electronics' 18-nanometer DRAM semiconductor manufacturing process, which was subsequently used by the Chinese company CXMT for product development.
Earlier, the National Intelligence Service detected signs of technology leakage and referred the case to the prosecution in May 2023. The prosecution suspects that Kim, after transferring to the newly established company CXMT in 2016, leaked documents related to semiconductor "deposition" processes and seven key technological procedures, while allegedly receiving bribes amounting to hundreds of billions of won.
Ⅲ. BATTERY INDUSTRY TREND
1. K-Battery Trio Unites Against US Tariffs, Creating Joint Message
- Highlighting the Role of Korean Batteries in the US Market
- Additional Demands from the Battery Industry
Korea’s three major battery companies—LG Energy Solution, Samsung SDI, and SK On—along with the Korea Battery Association, have decided to create a joint message to address U.S. tariffs and respond to the second term of the Trump administration. The core focus will be on highlighting the significance of the Korean battery industry in the United States, with plans to finalize the message as early as this month. They intend to deliver this message directly to key figures in the U.S., emphasizing that the direction of the Korean battery industry aligns with the objectives of the Trump administration.
Responding to Uncertainties in the U.S., Messages Might Include Korean Battery Demands
In response to uncertainties surrounding the Trump administration's second term and to minimize the impact of U.S. tariffs, the three major domestic battery companies and the Korea Battery Association are preparing a joint message. This initiative aims to emphasize the role of Korean batteries in the U.S. market. They have set a goal to complete the message by the end of this month for immediate use starting next month.
The joint message will include key points such as △the importance of the battery industry in the U.S., △the necessity for collaboration between Korea and the U.S. in the battery sector, △the importance of trilateral cooperation among Korea, the U.S., and Japan to secure a robust supply chain, △the fact that the Korean battery industry is the largest investor in the U.S., and △the demands of the Korean battery sector. Notably, the message will strongly convey the necessity of batteries through examples related to mobility, advanced technology, and everyday life. Given that President Trump’s tariff announcements are ongoing, there is a high possibility that additional relevant content will be added in the future.
The joint message will be created in the form of a statement to be utilized during future meetings with key figures in the United States. Additionally, it will emphasize that the Korean battery industry aligns with the objectives of the Trump administration.
US Tariffs Expected to Cause Direct and Indirect Impact, Battery Industry Ponders Response Strategies
The reason the battery industry has decided to unite is due to the anticipated direct and indirect impacts from U.S. tariffs imposed on Canada, Mexico, and automotive imports. As of now, President Trump has implemented a 25% tariff on imports from Canada and Mexico, and a 10% tariff on China, with an announcement of a 25% tariff on U.S.-imported automobiles effective April 2. A battery industry official stated, "If tariffs are applied to completed vehicles exported from Canada and Mexico to the U.S., prices will rise and demand may decrease, indirectly affecting battery manufacturers." Currently, major Korean battery companies, including LG Energy Solution, POSCO Future M, and EcoPro BM, either operate or are constructing large-scale factories in Canada.
The potential for future tariffs on batteries is another reason for the joint message's creation. In fact, some industry insiders anticipate that following President Trump’s announcement on automotive tariffs, he may also introduce tariff policies regarding automotive parts and batteries. Given that some U.S. automakers are demanding imports of Korean battery products, this could lead to direct impacts on the industry. A battery industry representative stated, "All domestic battery companies are preparing with various possibilities in mind. We will do our utmost to minimize uncertainty and enhance our competitiveness."
2. China's Electric Vehicle 'Battery Rise' Causes K-Battery Global Market Share to Drop by 5%
China's rise in the electric vehicle battery sector is increasingly formidable. Last year, CATL led the global electric vehicle battery market with a market share of 37.9% based on annual cumulative usage. When combined with BYD, which holds the second largest market share (17.2%), these two companies dominate over 55% of the global market. Moreover, other Chinese firms such as CALB, Gotion, EVE, and Sunwoda have also secured spots in the top ten. Meanwhile, South Korea's LG Energy Solution ranks third with a 10.8% share, while SK On is tied for fourth with 4.4%, and Samsung SDI holds the seventh position with a 3.3% share. Japan's Panasonic is the only representative from the country in the top ten, ranking sixth with a 3.9% market share.
Even when excluding the Chinese market from the global landscape, the momentum of Chinese EV battery companies is increasingly evident. Among the top ten, four are Chinese firms (CATL, BYD, Farasis, and CALB), with CATL leading at a market share of 27.0%, showcasing its dominance. This trend is contributing to a decline in market share for South Korean companies in the global market outside of China. LG Energy Solution holds the second position with a market share of 24.6%, SK On ranks third with 10.8%, and Samsung SDI is fifth with 8.2%. However, the combined market share of these three companies stands at 43.5%, down by 5.0% from 48.5% in the previous year (2023). This decline occurs despite a 13.1% increase in EV battery usage in the global market excluding China, as South Korean firms are struggling to capture sufficient demand, overshadowed by their Chinese counterparts.
3. Hyundai-Kia Partners with Samsung to Develop Robot Batteries
Hyundai Motor, Kia, and Samsung have decided to partner on the development of robot-specific batteries. This marks the first instance of Hyundai and Kia collaborating with external partners for robot battery development. The two companies, already collaborating in the electric vehicle battery sector, are now focusing their efforts to tackle the emerging robot market.
Hyundai Motor and Kia announced that they have signed a Memorandum of Understanding (MOU) with Samsung SDI at their R&D center in Uiwang, Gyeonggi Province to jointly develop batteries specifically for robots. The companies plan to optimize the battery design to fit within the limited space of robots and enhance energy density, significantly increasing both output and operational time. Traditionally, most robots have utilized batteries designed for power tools or small electric vehicles, leading to persistent issues of reduced output capacity and shortening operating times due to the complex internal structures and limited battery mounting space in robots.
The newly developed batteries by Hyundai Motor and Kia are expected to be tested in their robots. The Hyundai Motor and Kia’s Robotics LAB will evaluate the performance and enhance the capabilities of the robots once the new batteries are integrated. Samsung SDI will focus on developing high-capacity materials to improve energy density and optimizing designs to enhance battery efficiency. Both companies anticipate that the usage time of the robot batteries will significantly increase compared to existing models, while also achieving price competitiveness.
The two companies plan to expand their collaboration beyond battery development to include various aspects of robotics. They are to integrate the newly developed robot-specific batteries into various service robots. Additionally, they will also engage in joint marketing efforts to broaden the market for robotics. At the upcoming '2025 Interbattery' event, Samsung SDI will showcase Hyundai Motor and Kia's service robots, DAL-e and MobED, at their exhibition booth.
The signing ceremony was attended by Hyun Dong-jin, Head of the Robotics LAB at Hyundai Motor and Kia, and Cho Hanjae, Head of the Strategic Marketing Team of the Small Business Division of Samsung SDI. Hyun Dong-jin expressed, "By combining the robotics technology of the Robotics LAB with Samsung SDI's battery technology, we expect to enhance battery supply stability in the long term and supply competitively priced robots through market expansion." Cho Hanjae added, "Through this collaboration, we aim to showcase our differentiated technology and the highest quality products in the robot battery market."
Ⅵ. ELECTRIC VEHICLE INDUSTRY TRENDS
1. LG Energy Solutions to Supply Electric Vehicle Batteries to Toyota Instead of GM in the U.S.
LG Energy Solutions will supply electric vehicle and hybrid vehicle batteries to Toyota in the United States.
The scale of the supply to Toyota is estimated to be around $1.5 billion (approximately KRW 2.1637 trillion). According to reports, Toyota has agreed to transfer its battery orders, originally intended for LG Energy Solutions' other facility in Michigan, to the Lansing factory once LG Energy Solutions fully acquires the battery plant in Lansing, Michigan.
LG Energy Solutions was in the process of constructing the third battery plant of the joint venture Ultium Cells in Lansing, in collaboration with GM, with plans to supply the produced batteries to GM. However, as GM has adjusted its electric vehicle production plans in response to declining demand, the company has decided to sell its stake, valued at $1 billion, in the Ultium Cells third plant to LG Energy Solutions.
This has sparked interest in where LG Energy Solutions will supply the production volume from the Ultium Cells third plant.
LG Energy Solutions stated, "This is part of our strategic objective to further optimize our investments in North America region and respond to the demand from global automotive manufacturers."
2. Hyundai President José Muñoz, “We Will Effectively Respond to U.S. Electric Vehicle Tariffs”
Hyundai Motor Company President José Muñoz has assured shareholders that the company is well-prepared to effectively respond to changes in U.S. electric vehicle tariffs.
On the 21st, President Muñoz stated in a letter to shareholders on Hyundai's IR website that "the expansion of our powertrain lineup symbolizes our flexible response, demonstrating how we will effectively address changes in the U.S. electric vehicle tax credit policy." He added, "We will continue to invest in vehicles based on customer demand while also taking a leading role in the transition to electrification."
He stated, "Hyundai is developing high-quality, safety-focused, and environmentally friendly vehicles based on strong fundamentals, and we are continuously investing significant resources to maintain our product competitiveness." He further explained, "We plan to launch 10 key models this year, including the IONIQ 9, a three-row electric SUV, the new Palisade with internal combustion engine (ICE) and hybrid (HEV) powertrains, as well as the new Staria EV."
He continued, "Hyundai and our partners are investing a total of $12.6 billion to establish assembly plants and battery joint ventures, which will enhance our production capacity." He emphasized that "the decision for this investment was made during the first presidency of Trump, and through our localization strategy in the crucial U.S. market, we aim to minimize the impact of future policy changes."
According to President Muñoz, Hyundai achieved record-high revenue and net income last year through this flexible approach. Revenue increased by 7.7% year-on-year, and despite a 5.9% decline in operating profit, the operating margin remained solid at 8.1%.
He stated, "We have set a sales target of 4.17 million units for 2025, aiming to maintain last year's level." He added, "We expect revenue growth to be in the range of 3-4%, with an operating margin of 7-8%." Notably, this year, they plan to invest KRW 16.9 trillion in research and development, capital expenditures, and strategic investments.
The company also strengthens its shareholder return policy. Muñoz stated, "We aim to maintain a total shareholder return (TSR) of over 35% and will introduce a minimum dividend of KRW 10,000 per share, alongside a quarterly dividend of KRW 2,500." He further explained, "Additionally, we plan to set a total share buyback amount of KRW 4 trillion over the next three years."
He also expressed confidence in Hyundai Motor Group Metaplant America (HMGMA). He stated, "At HMGMA, we are ramping up production of the 2025 IONIQ 5 EV, which is already on sale, and we are preparing for the launch of the IONIQ 9 EV by the end of the first quarter." He added, "Preparations for the production of HEV vehicles are also already underway."
Regarding Genesis, he described it as "a priority and an opportunity," noting that "in the highly competitive luxury car market, Genesis has established itself as a luxury brand with an outstanding model lineup in just 10 years."
3. China's Electric Cars Target Korea with KRW 20 Million Price Tag: Hyundai and Kia Launch Discount Strategy Amid Intensifying Electric Vehicle Rivalry Among Korea, China, and Japan
The competition among South Korea, China, and Japan in the global electric vehicle market is intensifying. While their strategies differ, the objective remains the same: to capture the global EV market.
The goal is to dominate the global electric vehicle market. China, seeking to turn its trade tensions with the U.S. to its advantage, is aggressively targeting South Korea and Japan with its leading EV manufacturer, BYD. Recently, BYD introduced an electric vehicle in Korea priced around 20 million won. In response to China, Japan is actively pursuing opportunities in North America. As a result of these aggressive moves, South Korea is facing a dual challenge in both protecting its domestic market and expanding overseas.
A South Korean office worker, Kim Hyun-wook (42, pseudonym), recently placed a pre-order for the BYD Atto 3 electric vehicle. He stated, "I decided to purchase the BYD Atto 3 because it has received good reviews overseas, and most importantly, the price is appealing." The Atto 3 is available in two trims, with the base model priced at 31.5 million won in the domestic market. However, after applying electric vehicle purchase subsidies and tax benefits, the actual purchase price is expected to be around 20 million won. Kim noted, "Compared to similar compact SUVs, this model is several million won cheaper than domestic electric vehicles and about 20 million won less than American models. In this economic downturn and rising prices, it's a competitive price point for consumers like me who are facing financial constraints."
Value-for-Money: Over 1 Million Units Sold in 72 Countries
Leveraging its dominance in its domestic market, BYD has achieved the top market share in the global EV sector. Recently, based on its performance in international markets including Japan, the company announced its plans to enter the South Korean passenger car market last November. Following this, the Atto 3 was launched last month, generating significant attention with over 1,800 pre-orders within just 15 days. Cho In-chul, the head of BYD Korea's passenger vehicle division, stated, "As this is our first year introducing the passenger brand in Korea, we have worked hard to set optimized pricing so that more consumers can experience BYD electric vehicles without hesitation."
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IPO launched a ‘semiconductor IP council’ to strengthen the competitiveness of patents in the semiconductor industry.(News Letter No. 548)
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Korean Industrial Insight No.12 of AI, Semiconductors, Batteries and Electric vehicles in Chinese
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