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12-09-2015, 03:30 PM
SEOUL, South Korea (AP) -- Samsung Electronics says it will set up a team to develop an auto components business focusing on autonomous driving technology and entertainment systems.
The company said Wednesday that Kwon Oh-hyun, a vice chairman who has long managed Samsung's electronics component business, will oversee the new team.
Technology companies have been expanding into aspects of auto technology.
Google has been testing self-driving cars for six years and Apple has developed software for automakers that let drivers use an iPhone to operate an entertainment system.
Until now, Samsung has been silent about its plans. It had an auto business in the 1990s which went bankrupt.
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The company said Wednesday that Kwon Oh-hyun, a vice chairman who has long managed Samsung's electronics component business, will oversee the new team.
Technology companies have been expanding into aspects of auto technology.
Google has been testing self-driving cars for six years and Apple has developed software for automakers that let drivers use an iPhone to operate an entertainment system.
Until now, Samsung has been silent about its plans. It had an auto business in the 1990s which went bankrupt.
-- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. (http://start.westnet.ca/newstempch.php?article=terms.html/) It may be used for personal consumption, but may not be distributed on a website.
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