14-09-2017 17:48 via telecoms.com

Samsung revs up its autonomous driving efforts

Samsung Electronics has announced a new $300 million investment fund dedicated to the automotive industry as well as a strategic partnership with TTTech.
This move echoes a similar one from Ericsson last week and seems to be part of a broader push by technology companies to grab as big a piece as possible of the nascent smart/connected/autonomous vehicle market.
Samsung, of course, dropped $8 billion less than a year ago on Harman, which has a big in-car infotainment business. Against that $300
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