Monday 14 November 2016

Samsung pays $8bn for connected car tech firm

Samsung Electronics has agreed to acquire US connected car technology firm Harman International Industries for around $8bn. Samsung said that connected vehicle technology was “a strategic priority” for the company and is expected to grow to more than $100bn by 2025. Harman claims to have more than 30 million vehicles equipped with its connected car and audio systems, including embedded infotainment, telematics, ...

Read full article: Samsung pays $8bn for connected car tech firm



from Electronics Weekly http://www.electronicsweekly.com/news/samsung-pays-8bn-connected-car-tech-firm-2016-11/

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