Samsung Electronics Co Ltd said that it will create a team to develop automotive-related businesses, as it searches for a new profit driver while struggles at its smartphone division deepen. Samsung, in a statement, said the team will work outside of existing divisions to grow sales of car components, with initial focus on in-car entertainment, satellite navigation and autonomous driving technologies. The team will also work with other technology arms of the Samsung Group. - See more
Saturday, December 19, 2015
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