Samsung has obtained permission by South Korean authorities to test self-driving cars. Hyundai cars will have sensors and artificial intelligence technologies provided by Samsung. Samsung’s effort to compete against Apple, Inc. (NASDAQ: AAPL) and Alphabet Inc. (NASDAQ: GOOGL) comes better late than never. Vehicle technology is expanding through the self-driving sector.
Samsung is developing computing modules and sensors for autonomous vehicles and has embedded the technology into a Hyundai car. Instead of developing its own self-driving car, Samsung will provide the sensor technology and artificial intelligence (AI) to automakers.
“Autonomous vehicles are a complex of advanced technologies such as automobiles, artificial intelligence, and information and communications. They require cooperation in various fields,” a statement from the Ministry said.
Samsung has been attempting to expand its business to keep from its reliance on smartphones may be due to their recent failure with the Samsung Note 7. Their focus has been on memory for mobile devices and processors.