Fisker is back with a new electric car to debut later in 2017
Samsung invests 450M in Chinese electric car company BYD.
On Thursday, Reuters reported that Samsung has invested 450 million in BYD Company Ltd. a Chinese automaker and rechargeable batteries moisturise Korean giant clearly No smartphone is not about to let Google, Apple and Tesla all the driving pleasure.
Samsung said last week it was in talks with BYD to help improve automobile chips, but in a BYD news company press said it will initially pay Samsung's investment in growth its battery production and research and development of new energy vehicles.
Samsung is in good company with the investment, BYD also is supported by Berkshire Hathaway Inc. Warren Buffett holds just over 9 percent of Chinese society Chinese society is all gasoline cars to hybrids, electric vehicles and same solar panels.
After the purchase of this stake in BYD, we s see if Samsung makes moves further to ensure a foothold in the automotive industry Google opens the way for self-driving tests, and Apple is working on its own autonomous car the two companies also have infotainment software that have become default characteristics for a wide range of automakers with Apple and Android Samsung Auto carplay must play catch-up.
Introducing Samsung Electronics is a South Korean multinational electronics company engaged in consumer electronics, information technology and mobile communications devices and solutions of businesses worldwide the company develops, manufactures and sells various consumer products, including mobile phones, tablets, TVs, Blu-ray players, DVD players, home theater systems, digital cameras and camcorders.
semiconductor electronics medical equipment categories.
Overview BYD is engaged in the research, development, automotive manufacturing and distribution, secondary rechargeable batteries and mobile phone components The Company operates primarily through its secondary rechargeable battery that provides activities lithium-ion batteries and nickel batteries that are applied to mobile phones, digital cameras, power tools, electric toys, and.
Categories Automotive Energy Hardware Software.
Samsung invests $ 450 million in Chinese electric car company BYD TechCrunch, Samsung invests 450m Chinese.