Home | Reports | Technical Documents | Tech-Blog | One-Shot Gallery | Korea ICT News | About Us | List of Contributors | Become a Contributor |  How to Advertise  
 
  KT SK Telecom LG U+ Korean Vendors Network Architectures  
 
Section 5G 4G LTE C-RAN/Fronthaul Gigabit Internet IPTV/Video Streaming IoT SDN/NFV Wi-Fi KT SK Telecom LG U+ Network Protocol Samsung  
 
CHANNELS HFRFRONTHAUL NetvisionMPTCP Springwave1588 PTP   Korea Communication Review      
Samsung Expands Commitment to Autonomous Driving Technology
09/14/2017 | By Netmanias (tech@netmanias.com)

 

Today, Samsung Electronics established the Samsung Automotive Innovation Fund, a new $300-million fund focused exclusively on the automotive market. The Samsung Automotive Innovation Fund will focus on connected car and autonomous technologies, including smart sensors, machine vision, artificial intelligence, high-performance computing, connectivity solutions, automotive-grade safety solutions, security, and privacy.

 

In addition to the fund, HARMAN, which was acquired by Samsung earlier this year, has established a new Autonomous/ADAS Strategic Business Unit (SBU). The new HARMAN SBU, which will report to HARMAN’s Connected Car division, will work with the Samsung Strategy and Innovation Center (SSIC) Smart Machines team to develop key technologies for safer, smarter, connected vehicles.  The SSIC Smart Machines team is an advanced automotive engineering group dedicated to enabling next-generation mobility solutions.

 

“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,” said Young Sohn, President and Chief Strategy Officer of Samsung Electronics and Chairman of the Board of HARMAN.  “The Autonomous/ADAS Strategic Business Unit and automotive fund reflect the company’s commitment to the values of open innovation and collaboration. In partnership with OEMs and startups, we will make the driver and passenger experience safer, more convenient, and more enjoyable.”

 

According to the World Health Organization, road injuries are among the top 10 causes of death worldwide.1 In the U.S. alone, the most recent data suggests that there are more than 35,000 fatal crashes each year.2 Samsung’s goal in the automotive market is to tackle this challenge by bringing to market technologies, from sensors to data-processing solutions, that will help make cars safer while creating a more comfortable and convenient mobility experience.

 

To address the increasing demand for integrated solutions, particularly those for automated driving, Samsung and HARMAN will focus on engineering, high-performance computing, sensor technologies, algorithms, artificial intelligence, as well as connectivity and cloud solutions that enable Advanced Driver Assistance Systems (ADAS) and automated driving.

 

“There is already a high demand for ADAS solutions, and that demand is rapidly growing with the advancements in connected cars and autonomous driving,” said Dinesh Paliwal, President and CEO of HARMAN. “This strategic business unit demonstrates Samsung’s and HARMAN’s commitment to answer that call – to be the definitive partner for seamless and integrated technologies. It also reflects the incredible power that Samsung and HARMAN, as a collective force, will bring to our OEM customers as we combine Samsung’s scale and resources with HARMAN’s deep automotive experience and networks. Together, we are driving the future of automotive.”

 

Industry veteran John Absmeier has been appointed Senior Vice President of the new HARMAN SBU, and will also retain his current role as Vice President of Smart Machines for SSIC.  As a leader in both organizations, John Absmeier will ensure seamless collaboration to bring Autonomous and ADAS solutions to the market.

 

The first strategic investment of the Samsung Automotive Innovation Fund will be in TTTech, a leader in functional safety, deterministic networking, real-time systems, and complex software integration for ADAS and an automated driving platform. Earlier investments by Samsung’s existing investment funds have included stakes in automotive startups, including AImotive and Renovo for automated driving; QuanergyTetraVue, and Oculii for sensors; Autotalks and Valens for connectivity; and Graphcore for high-performance computing.

 

To date, Samsung has secured licenses for on-road testing of autonomous driving software and hardware under development in Korea and California. Samsung will not enter the car-manufacturing business, remaining focused on working with automakers and mobility enablers to develop the next generation of automotive innovation.

Sanjeev via LinkedIn 2017-09-21 12:54:29

Shall be good to have more startups in this field incubated at EP

Shaun via LinkedIn 2017-09-21 12:54:42

I personally see this as complimentary tech, like crash avoidance or emergency manoeuvring, but if the driving experience is taken away, I doubt I'll ever buy a car again. I might as well just take a cab or bus and save a wad of up-front cash and not have to deal with ridiculous depreciation. I'm keeping ol' Betsy and her semi-autonomous tech, she's been loyal.

Thank you for visiting Netmanias! Please leave your comment if you have a question or suggestion.
banner
   
  Recent Netmanias' Contents
     
     
Date: 10/18/2017
Tags: Wi-Fi, iBeacon
Date: 10/16/2017
Tags: SD-WAN, SDN/NFV
Date: 10/12/2017
Tags: Network Protocol
Date: 10/10/2017
Tags: SD-WAN, SDN/NFV

 

     
         
     

 

     
     

Subscribe FREE >>

Currently, 47,000+ subscribed to Netmanias.

  • You can get Netmanias Newsletter (New contents, Korea ICT News)

  • You can view all netmanias' contents

  • You can download all netmanias' contents in pdf file

     
     

 

     
         
     

 

 

 
     
     

 

     
     

Korea ICT Portal (www.netmanias.com) at Netmanias.com provides you with the latest information about a wide array of ICT services, infrastructure and vendor solutions available from Korea, the world ICT leader.

     
     

 

     
     
 

View All (1213)
4.5G (2) 4G LTE (1) 5G (124) 5G-SIG (2) AI (11) AR (2) ARPU (1) Autonomous Driving (5) BMW (2) Big Data (1) C-RAN/Fronthaul (11) CES (2) CORD (1) Carrier Aggregation (9) China Mobile (1) Cloud (1) Connected Car (12) DASAN Networks (5) Deutsche Telekom (4) Ericsson (16) FTTH (1) Frequency (1) GCSE (1) GiGA WiFi (1) GiGAtopia (3) Gigabit Internet (30) HDR (1) HFR (2) Harman (1) IPTV (32) Intel (1) IoST (1) IoT (90) Jio (2) KDDI (2) KT (98) Korea (48) Korea ICT Market (10) Korea ICT Service (17) Korea ICT Vendor (7) LAA (4) LG U+ (37) LPWA (6) LTE (95) LTE-A (7) LTE-A Pro (1) LTE-H (1) LTE-M (2) LTE-R (4) LTE-U (3) LoRa (5) LoWA (1) MPTCP (2) MSIP (4) MWC 2015 (16) MWC 2016 (3) MWC 2017 (8) Massive MIMO (1) Media Platform (1) NB-IoT (8) Netflix (1) Network Slicing (1) Nokia (16) OCP (3) OTT (1) PS-LTE (5) Platform (3) Private LTE (1) Qualcomm (9) RCS (2) Roaming (2) SDN/NFV (33) SK Broadband (6) SK Telecom (179) SK telecom (1) Samsung (90) Security (2) Self-Driving (2) Small Cell (4) Sprint (1) T-Mobile (1) UHD (11) URLLC (1) V2X (2) VR (9) Verizon (4) Video Streaming (12) VoLTE (4) Wi-Fi (27) WiGig (1) YTL (1) eMBMS (2) emergency network (2) mmWave (2) vRAN (1)
Password confirmation
Please enter your registered comment password.
Password