Samsung plans to invest $22.3 billion over the next three years in areas such as artificial intelligence, 5G communication, automotive electronics components and biopharmaceuticals. Overall investments, aimed at making the Korean electronics conglomerate a global technology leader, are set to total more than $160 billion. That will include spending on future growth businesses and a Read More..
Volkswagen Group and Korean electronics conglomerate LG plan to jointly develop a next-generation connected-car service platform that will provideÂ seamless digital access to smart-home and location-based services, VW said in a statement. â€œWe look forward to working with LG and to developing in future simple, easy-to-use smart home solutions for our customers integrated into our vehicle Read More..
Robert Bosch has opened a software engineering center in Vietnam that will serve customers throughout southeast Asia. The German automotive supplier said the newly established Robert Bosch Engineering and Business Solutions Vietnam Company Limited (RBVH) will provide high-tech software solutions and engineering services. Included are the development of embedded software, which is used in electronic Read More..
The CEO of chemicals group LG Chem expects a second generation of batteries to give electric vehicle three times the range they have at present. The batteries will be in production vehicles by 2014-2015, he predicted. In an interview with The Korea Herald, Kim Bahn-suk said LG Chem, which provides battery technology to the Chevrolet Read More..
SK Telecom said it has introduced the first commercial mobile telematics service in China. The South Korean mobile services provider said its E-MIV service will allow customers to use their mobile phones to protect, control and manage their cars. The system is currently an option that can be installed in cars at the dealership, but Read More..
The eighth Seoul motor show will take place March 31 through April 10. March 31 is the press day and the official opening ceremony will be April 1. The theme of the 2011 show will be “Evolution, Green Revolution on Wheels.” The organizers expect more than 1 million visitors to come to Korea’s premier automotive Read More..