Samsung Eyes Auto Expansion as High-End Smartphones Slow
This article is for subscribers only.
Samsung Electronics Co., which sells almost one of every three smartphones, wants to parlay that technology into automotive navigation and entertainment systems for an industry that makes more than 80 million vehicles a year.
Asia’s biggest technology company is pushing beyond the hardware that underpinned its growth as global demand weakens for high-end handsets. Samsung is attending the International Consumer Electronics Show in Las Vegas this week along with a record nine carmakers, including Volkswagen AG’s Audi unit and General Motors Co.