Hyundai/Kia may still be working with Apple on multiple partnershipsJust because it isn't Apple Car doesn't mean it's not happening.
What you need to know
Apple and Hyundai/Kia reportedly signed a "memorandum of understanding (MOU) last year.
The companies agreed to partner together in eight different sectors.
Apple may still be working on an Apple Car with Hyundai and Kia, despite the company recently claiming that talks had fallen through with the tech giant.
As reported by Reuters, online site Chosun Biz claims that Apple and Hyundai/Kia signed a "memorandum of understanding (MOU)" last year with an agreement to work on products together in eight different sectors, including work on electric vehicles.
"Even if the negotiations on electric vehicles fail, there are many items that can be negotiated in other fields, so we are still optimistic about the possibility of partnership between the two sides," Chosun cited an unnamed source familiar with negotiations between Hyundai and Apple as saying.
Kevin Yoo, an analyst at eBEST Investment...
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Hyundai/Kia may still be working with Apple on multiple partnerships
