Hyundai Mobis Faces 6.15 Billion Won in Extra Costs from Memory Chip Price Surge in Q2

According to Hyundai Mobis during its Q2 2026 earnings call on July 24, memory semiconductor price increases added 6.15 billion won in costs to the company's second-quarter results. CFO Kim Do-hyung stated that memory chip price surges are creating strong cost pressures across the entire supply chain, with pricing negotiations no longer possible. The company is addressing the crisis by expanding long-term supplier contracts and sharing cost increases with customers while pursuing internal cost reductions.
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