Why Samsung Thinks The Key To Its Future (And Profits) Could Be In The Auto Sector

Semiconductors don't last forever
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While Samsung's profits mainly come from components, they have been investing heavily in vehicle technology in the past two years.

“We have a vision that the car of tomorrow will be much different than today. We are envisioning what happens in the future as similar to the smartphone experience. And that doesn’t mean we compromise safety or security, but have the convenience and technology that can bring more relevant information to one’s driving experience. And ultimately even full autonomy is a possibility and we’re very excited about that when we think about the potential.” - Young Sohn, president and chief strategy officer of Samsung Electronics North America

Forbes has the story.


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