Hyundai Motor Group (HMG) has honored Infineon Technologies AG as ‘Partner of the Year 2021’ with the ‘Special Award for Supply Competence’.
One of the top global automakers recognized Infineon’s efforts to stabilize uncertain supply chains despite the challenges posed by COVID-19 and the global semiconductor shortage.
Infineon was specifically recognized for their strong risk management in collaboration with HMG. To tackle the market’s tough position, Infineon Korea and Infineon Headquarters have offered flexible and strategic collaboration. For example, by providing the silicon carbide (SiC) based power module HybridPACK CoolSiC Drive, Infineon demonstrated product quality and its ability to respond to new requirements.
The conversion to electromobility has just started. Almost every second of the BEVs (Battery electric vehicles) and PHEVs (Plug-in Hybrid) produced in 2021 use Infineon semiconductors in the inverter. In order to further strengthen the resilience of the supply chain, Infineon is continuously increasing its capacities in the production and assembly of high-power solutions in Europe and Asia.
Furthermore, Infineon is consolidating its market leadership in power semiconductors by increasing manufacturing capacity in the field of wide bandgap (SiC and Gallium nitride, GaN) semiconductors. SiC can help to increase the range of an electric car by five to ten percent.
HMG has been awarding the ‘Partner of the Year’ award since 2002. In early 2019, Infineon was the first semiconductor manufacturer to receive this award. It was awarded in appreciation of excellent achievements in just-in-time supply and contributions to the Hyundai Motor Group’s overall competitiveness.