Tesla Motors to get semiconductors from Samsung Electronics

Samsung Electronics will supply semiconductors to US electric car maker Tesla Motors, South Korea’s Electronic Times reported on Friday citing unnamed sources.

Samsung would contract manufacture chips for self-driving features in Tesla vehicles, the paper reported, without putting a value on the order.

The South Korean firm has been trying to build auto-related sales for components such as semiconductors and displays in a push to develop a new growth engine.

Samsung in November said it would acquire Harman International Industries for $8 billion in a bid to grow quickly in the automotive market.

Samsung did not immediately comment on the report, while Tesla could not be immediately reached for comment.

Latest articles

Fashion
Levi’s unveils new Icon store at Palladium Mall Mumbai

Must read

About Reatil News Asia
Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.
Reatil updates
Stay up to date of the lates updates and retail news from Asia.
Copyright © 2014 -2025 | Retail News Asia