Samsung makes a $300 million push into self-driving cars
Samsung is making a big push into the nascent self-driving car market with a new $300 million fund and a dedicated business unit for developing autonomous technology, the company announced today. That new unit will be built inside Harman, the audio technology giant that Samsung acquired for $8 billion late last year. Its goal will be to build a top to bottom technological platform that automakers can incorporate into their cars to run everything from infotainment to self-driving capabilities.
The announcement comes two weeks after the California Department of Motor Vehicles revealed Samsung was granted a self-driving vehicle permit in that state, adding to the ones that the company already had in its home country.
Of course, dozens of…
