Samsung Electronics seeks stake in China electric carmaker BYD

By Hyunjoo Jin SEOUL (Reuters) - South Korean technology giant Samsung Electronics Co Ltd on Friday said it is in talks to acquire a stake in Chinese automaker BYD to boost its chip business for electric cars. In December, Samsung Electronics, the world's top maker of smartphones and memory chips, created a team to develop automotive-related businesses, seeking a new growth engine as the global smartphone industry is slowing. "The latest investment aims at strengthening electric vehicle parts an