SEOUL, Dec 10 — Samsung Electronics is taking steps to expand into another market, as they announced the creation of a team for developing next-generation automotive components, according to Reuters.
Instead of attempting to develop its own self-driving car, the South-Korean electronics company announced yesterday their plans to work on car components and software, with an initial focus on “infotainment”, satellite navigation and autonomous driving.
Other tech industry giants who have expressed an interest in the developing driverless and electric car sectors are Google and Apple.
Samsung’s rival LG Electronics announced in October that it would be developing components for General Motors’ upcoming Chevrolet Bolt EV. — AFP-Relaxnews
A man walks out of Samsung Electronics' headquarters in Seoul January 6, 2014. — Reuters pic
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