Tag Archives: in-car entertainment

Samsung in Talks to Buy Fiat’s Magneti Marelli

A new Bloomberg report suggests Samsung is in talks with Fiat Chrysler to acquire some or all of parts-making subsidiary Magneti Marelli, which provides lighting, in-car entertainment and telematics to OEMs for use in their vehicles. The deal, which could be worth $3 billion according to Bloomberg’s sources, would help accelerate Samsung’s existing efforts to become a more important part

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SAMSUNG Bets on China’s BYD

Samsung Electronics Co. said it will acquire a stake in BYD Co. through the Chinese electric-vehicle and battery maker’s ongoing $2.3 billion share sale, as the South Korean technology giant bets on the automotive market to drive growth. Neither company disclosed the size of the stake or how much it would cost Samsung. Details will be unveiled this week, when

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