- Korean-made semiconductors for smart keys, parking assist devices, battery sensors; expected effect of approx. \300 billion - \26 trillion global market; market growing rapidly as car become more electronic - Rising demand for high-tech semiconductor suitable for engine, chassis, body, multimedia system
The leading company in modules for the automotive parts industry and the development of key parts like braking and safety systems, MOBIS has recently announced that it has developed a semiconductor for auto bodies and chassis solely using Korean technology.
This development involves: two semiconductor chips that control the ISG and generation control system in the intelligent battery sensor (IBS); two chips for parking assist devices, lane detection and image recognition; and five chips for the chipset that is used for smart keys. The localization of the technology for these nine chips can bring an effect equaling \300 billion in import substitution and cost reduction.
Unlike the ‘entertainment’ semiconductors used on audio and other multimedia products, automotive semiconductors are directly related to overall driving performance and safety and were thus deemed to be difficult to be made using just local technology. This is also a field that requires very advanced technology, like environmental reliability (not affected by temperature and humidity), reliability against errors, or functions that process video/audio into high quality.
The demand for automotive semiconductors is steadily growing as the percentage of electronic parts in vehicles is steadily increasing. The industry expects the automotive semiconductor industry to grow from about \20 trillion this year to \26 trillion by 2014.
“The field of automotive semiconductors is a high-tech area that requires the differentiated and suitable development for each system within a car,” MOBIS President Jeon Ho-seok explained. “We are planning to develop advanced semiconductor technology that could be exported to other carmakers abroad, in response to the growing global market.”
Meanwhile, MOBIS plans to focus its energy on developing high-value-added technologies that combine vehicle system technologies with electronic control systems, utilizing aspects such as intelligent core components and electronic chassis. The company sees the global crisis of the auto industry as an opportunity to aggressively push to gain competitiveness and become a leading name in the global market. MOBIS plans to invest over \320 billion in its R&D division.