The Samsung Automotive Innovation Fund will focus on connected auto and autonomous technologies, including smart sensors, artificial intelligence, connectivity solutions, automotive-grade safety solutions, security and privacy, according to Samsung.
Samsung has announced a $300 million fund dedicated to self-driving cars.
The announcement comes shortly after Samsung completed its acquisition of American audio and in-car technology firm Harman. The spinout is working on networked safety control systems that help make industrial and transport electronics systems safer and more reliable.
The bounty of cash is part of a new business unit called the SamsungAutomotive Innovation Fund.
"During this period of extraordinary transformation in the automotive industry, we are excited to play a leadership role in supporting and shaping the future of smarter, more connected vehicles", Samsung Electronics President and Chief Strategy Officer Young Sohn said in a statement.
Harman's new team will work closely with Samsung Strategy and Innovation Center, Samsung's Silicon Valley head office that seeks the Korean tech giant's new growth engine businesses.
"In partnership with OEMs and start-ups, we will make the driver and passenger experience safer, more convenient and more enjoyable". Samsung CEO Dinesh Paliwal said in a phone interview that the move will include an advanced-driver assistance platform with open source software. The company also plans to create a separate unit, the Autonomous/ADAS Strategic Business Unit (SBU), within Harman.
TTTech, a leader in "functional safety, deterministic networking, real-time systems, and complex software integration" for autonomous and other automated systems, had already been working with Audi, specifically on the Audi 8. for ADAS and automated driving platforms. Samsung already has licenses to do on-road testing of autonomous vehicle technology and hardware in both South Korea and California.
In announcing the new unit, Samsung was careful to note that it won't enter the car-manufacturing business, positioning itself as non-threatening ally to automakers.
The 22,000 pasta passes and 50 pasta passports both go on sale at PastaPass.com on Thursday, September 14, at 2 p.m. Of course, the deal isn't just for pasta. soup, salad, and breadsticks are also covered on the card.
Of course, that 0-60 time only happens when the new Cayenne is equipped with the optional Sport Chrono Package. The new Cayenne Turbo is the first SUV to feature an adaptive roof spoiler as a component of its aerodynamics.
The stock of Royal Caribbean Cruises Ltd (NYSE:RCL) has "Buy" rating given on Monday, December 21 by Stifel Nicolaus. The stock of Royal Caribbean Cruises Ltd (NYSE:RCL) has "Neutral" rating given on Thursday, October 27 by JP Morgan.
Additionally, Yu has included 4G VoLTE support, fingerprint sensor, dual-SIM slots, and microSD card slot in the smartphone. Also keeping with current trends, the Yureka 2 comes with a sleek full metal unibody construction as well.
The largest refinery in the U.S.in Port Arthur Texas is now running at reduced rates, sources told Reuters on Tuesday. We believe that Irma will have a negative impact on oil demand but not on oil production or processing .
The International trade commission that is U.S. based is set to make a basic ruling in this case in the ending of this month. It said the principal contractors will be Boeing Co ., Northrop Grumman Corp., Raytheon Co. and General Electric Co.
The center's official forecast finds Jose just over 400 miles from Jacksonville, Florida on Sunday morning. As of Tuesday morning, Jose was a low-end Category 1, and could weaken further into a tropical storm.
With destruction and death-toll tallies on the rise, scientific evidence points to climate change for intensifying these storms. Hurricane Irma first hit the Florida Keys early Sunday morning. "This is a truly, truly poster child for what is to come".
Moving on, the keyboard is backlit and the company has claimed that the keyboard area is 19 percent larger than the MacBook Pro. It also features 2 USB-C ports however only 1 port can be used to charge the device, the 2nd port is only for data transfer.
If you're not familiar with Google Shopping, it's that graphical bar that shows up any time you search for a product. The Commission is reviewing its Google Shopping decision in light of the ECJ's Intel ruling, according to Reuters .
The FTC is looking into the Equifax breach
House of Representatives panel. 'I apologize to consumers and our business customers for the concern and frustration this causes. The vulnerability was a critical weakness for many large websites that were built using the software.
Volkswagen planning electric versions for all cars by 2030
Among the 23 electric vehicle models that Volkswagen intends to produce by 2025, there will assuredly be utility models. That means that by 2030 the company plans to offer an electric or hybrid version of over 300 different auto models.
This Week in Stats: Stoke's crosses hurt Manchester United
Paul Pogba admits that he "came to Manchester United to play in the Champions League " and can not wait to hear the anthem again. England boasts five teams in the group stage of the UEFA Champions League competition , which commences in just a couple hours.
Nintendo's NES Classic Edition Will Return in 2018
Dear Lifehacker, I'm keen to get my mits on the Nintendo Mini SNES video game console, which comes out at the end of the month. Especially since Nintendo's rollout for these retro systems have been quite suspect *coughs* Super NES Classic .