Samsung has created a $300 million fund to build on a number of earlier investments in auto-related startups and technologies.
Earlier this year, the electronics giant bought Harman, a premier supplier to original equipment manufacturers in the automotive sector.
The two companies have now jointly launched a new strategic initiative, focused on developing innovations for next-generation, smart, connected vehicles.
The main area of interest in autonomous driving, or advanced driver assistance systems, which are referred to in the auto trade as ADAS. Continue reading Samsung strengthens interest in autonomous driving with $300 million investment fund