Ron Burgundy Posted October 30, 2015 Share Posted October 30, 2015 By Se Young Lee SEOUL (Reuters) - Samsung Electronics and group companies are trying a belated push into the business of supplying technology to car makers, while rivals are already sewing up lucrative deals with an industry that is notoriously difficult to break into. Data compiled by Thomson Reuters IP & Science shows the world's top smartphone maker and other Samsung Group [sAGR.UL] tech affiliates are ramping up research and development for auto technology, with two-thirds of their combined 1,804 U.S. patent filings related to electric vehicles and electric components for cars coming since 2010. Automakers already incorporate or are developing technologies to enhance safety and provide better smartphone connectivity and entertainment systems, creating an opening for tech companies to break into a market for software, services and components that is worth around $500 billion, ABI Research analyst Dominique Bonte said. View the full article Quote Link to comment Share on other sites More sharing options...
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