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ARTICLE · 17 AUGUST 2016

Technology Companies Continue Their Automotive Invasion

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As we have written about before, the difference between technology companies and automotive companies is getting smaller and smaller. That trend continues to progress.

United StatesStrategy
Jeffrey Soble
Jeffrey Soble
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As we have written about before, the difference between technology companies and automotive companies is getting smaller and smaller. That trend continues to progress.

Samsung Electronics Ltd. is closer to becoming an auto parts supplier. As reported on AndroidHeadlines.com, "Last month Samsung Electronics acquired a stake in Chinese electric car company BYD, and according to a more recent report from Korea, the tech giant has already partnered with Italian automotive system manufacturer Magneti Marelli "on a group-wide basis"..." Samsung seems determined to not let Apple and Google dominate the automotive information technology segment. Considering Samsung's success in both hardware and its associated software, Samsung could be poised to be a large auto supplier sooner rather than later.

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