Tag - Samsung makes big automotive push

Samsung makes big automotive push

Samsung Electronics on Wednesday announced it will set up a new team specializing in automotive parts to speed up its expansion into the lucrative market in an era of electric mobility. The plans were announced as part of the Korean tech giant’s annual business reshuffle that aims, among other things, to secure new growth engine businesses while restoring profitability in existing device sales. Park Jong-hwan, senior vice president and head of chip card and microcontrollers team, will lead the new team [...]

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Samsung makes big automotive push

Samsung Electronics on Wednesday announced it will set up a new team specializing in automotive parts to speed up its expansion into the lucrative market in an era of electric mobility. The plans were announced as part of the Korean tech giant’s annual business reshuffle that aims, among other things, to secure new growth engine businesses while restoring profitability in existing device sales. Park Jong-hwan, senior vice president and head of chip card and microcontrollers team, will lead the new team [...]

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