trending Market Intelligence /marketintelligence/en/news-insights/trending/jdRo4FXJpVUydAH5cN7OUg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Samsung eyes M&A deals in automotive, other industries


So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?


Industry Top Trends 2021: Oil and Gas


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining

Samsung eyes M&A deals in automotive, other industries

Samsung Electronics Co. Ltd. will actively look at investment opportunities in the automotive industry in 2018, Reuters reports, citing a statement from the company's chief strategy officer, Young Sohn.

The plan toward deals in the automotive market comes after the Samsung Group's unit acquired connected car and audio solutions developer Harman International Industries Inc. In September, Samsung also created the $300 million Samsung Automotive Innovation Fund that is focused on investments in connected car and autonomous technologies.

Samsung is also looking at deals that would allow the company to build software and services, such as in digital health, industrial internet, automation, networking, data transmission and security.