Samsung has identified the auto industry as a new source of growth as the market for its key products such as smartphones matures.
SEOUL: Samsung has got permission from South Korean authorities to domestically test a driverless vehicle fitted with its electronic parts and software, as the tech giant aims to muscle into the automotive industry in search of a new growth driver.
The land ministry, in a statement issued on Monday, said the car is a modified version of a South Korean car maker's vehicle using Samsung's own components such as cameras as well as its artificial intelligence software.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
