Automotive News Mobility Report

Samsung gets OK to test self-driving tech in S. Korea

SEOUL -- Samsung Electronics Co. has got permission from South Korean authorities to domestically test a self-driving 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 carmaker's vehicle using Samsung's own components such as cameras as well as its artificial intelligence software.

The firm plans to use the car to develop a self-driving algorithm capable of driving in adverse weather conditions and next-generation components for autonomous cars, the ministry said.

"We would like to clarify that the company has no plan to enter the car manufacturing business," Samsung told Reuters in a separate statement on Tuesday, adding the vehicle will further its development of "deep learning algorithms for autonomous operations".

Samsung has identified the auto industry as a new source of growth as the market for its key products such as smartphones matures. It completed the $8 billion acquisition of Harman International Industries earlier this year, a move that analysts say may help Samsung scale up quickly by taking control of an automotive parts maker with a proven track record.

It may take years for the auto industry to become a big enough business to rival its mainstay memory chip and smartphone operations, however. Samsung has not clinched any major supply agreements with automakers yet.

25

Shares

ATTENTION COMMENTERS: Over the last few months, Automotive News has monitored a significant increase in the number of personal attacks and abusive comments on our site. We encourage our readers to voice their opinions and argue their points. We expect disagreement. We do not expect our readers to turn on each other. We will be aggressively deleting all comments that personally attack another poster, or an article author, even if the comment is otherwise a well-argued observation. If we see repeated behavior, we will ban the commenter. Please help us maintain a civil level of discourse.

Newsletters