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Samsung enters autonomous driving race with new business, funding

Reuters India Thursday, 14 September 2017 ()
FRANKFURT (Reuters) - South Korea's Samsung Electronics Co Ltd plans to become a major player in autonomous driving, building on its recent $8 billion acquisition of audio and auto parts supplier Harman and its pole position in mobile communications markets.
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Source: Wochit Tech - < > Embed

News video: Samsung Enters Autonomous Vehicle Industry

Samsung Enters Autonomous Vehicle Industry 00:44

Samsung Electronics is starting to focus on a different kind of mobile technology. The South Korean company, known for its Galaxy smartphones, is launching a new unit dedicated to automotive tech. It's also setting up a $300 million fund to invest in startups in the field.

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