[Asia Economy Reporter Hyunseok Yoo] Motrex is showing strength. It appears to be influenced by reports that Apple is developing an 'autonomous driving chip' with Taiwan's TSMC.
As of 2:28 PM on the 11th, Motrex was trading at 6,860 KRW, up 3.00% (200 KRW) compared to the previous trading day.
According to foreign media such as DigiTimes on the same day, Apple's autonomous driving division, codenamed 'Project Titan,' is preparing an autonomous driving system to be installed in global finished vehicles. The specific outline of the Apple Car is expected to be revealed between next year and 2025.
Additionally, Apple and Taiwan's TSMC, a chip supplier, are reportedly developing a type of 'autonomous driving chip' at an R&D factory. Apple is responsible for the design, while TSMC handles production, creating an integrated chip dedicated to autonomous driving for automobiles.
Motrex has obtained technology certification for autonomous driving infotainment platforms from Apple (CarPlay) and Google (Android Auto).
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