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.
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.
Players take control of the Children of Light, and their goal is to bring the light "where it is needed the most". Since then, a tweet from thatgamecompany indicated that it was coming to these platforms first, not exclusively.
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.
His comments came in a joint news conference with the Kuwaiti emir, Sheikh Sabah al-Ahmad al-Sabah, in Washington on Thursday. Later Friday, the White House said Trump had spoken separately with the leaders of Saudi Arabia and the UAE.
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 .
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 .
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.
Hurricane Irma shut down Disney World Sunday and Monday, but the resort is on track to reopen its gates Tuesday. A county-wide curfew kept Disney and Universal guests restricted to their hotels on Sunday and Monday evenings.
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 .
Mahmoudi, on the Energy Ministry website, said, "We will stand by the Syrian people to rebuild this country". Agreement points to the role Tehran is expected to play in the reconstruction of war-torn Syria.
Head Coach Mike McCarthy said the 78,381 in attendance and the guys on the defensive side of the ball, helped get it done. Green Bay tacked on Mason Crosby's 40-yard field goal before Wilson quickly drove the Seahawks into scoring position.
Cassini readies final plunge into Saturn
Launched in 1997 with the European Space Agency's (ESA) Huygens probe, Cassini is the first spacecraft to orbit Saturn. These discoveries helped Cassini's scientists and engineers decide what to do with it once it runs out of fuel.
Still a chance for Jose to get close to the US
The European and American forecast models move the storm near the the Mid-Atlantic states early next week. Hurricane Jose has gotten very little coverage, lurking in the shadows of Irma for the past several days.
Lakers plan to retire Kobe Bryant's jersey this winter
The Lakers are in a rebuild, as they move away from the Bryant era, one of the greatest stretches in franchise history. Kobe also celebrated his 39th birthday recently (with a Marvel superhero cake he couldn't help but to gush over).
USA approves $5 billion fighter jet sale to Canada
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.
Relative of ex-Seattle mayor is 5th to accuse him of abuse
CNN reports that Murray, 60, stepped down after his cousin accused him of sexual abuse in an interview with a local newspaper. He apologized to his staff and to the city and said it had become clear that his resignation was best for the city .
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.