Samsung Electronics and Hyundai Motor Co., Ltd. Develop Smart Cars

Samsung Electronics, the largest electronics company in South Korea, and Hyundai Motor Co., the largest automaker, will implement cross-industry strategic cooperation to jointly develop smart cars. It is reported that the specific negotiations between the two companies on smart cars have been completed and a memorandum of cooperation will soon be signed.

According to Hyundai Motor Company's plan, starting from 2013, the newly-developed models will be installed in stages on their own developed tablet computers. The ultimate goal is to make the car go beyond the single function of the vehicle and become a combination of transportation, communication and entertainment. Removable "smart space". However, people in the industry believe that merely installing a computer on a car is far from improving the "smartness" of the car. It must be combined with mobile communication methods to effectively realize the docking of the wireless network, and only by sharing the content with the mobile communication means can it be realized. "Smart" projects are more abundant. The relevant person of Hyundai Motor Company also acknowledged that cooperation with smart phones is a necessary condition for building smart cars. As a world-renowned IT company, Samsung Electronics has become the world’s second-largest smartphone production since launching its own smart phone in 2010. Business. By cooperating with Hyundai Motor Company in the research and development of smart cars, not only can it further consolidate its market competition status, but it can also continuously expand the use and extension of its smart phones. The cooperation between the two companies can be regarded as a win-win choice. The two companies are preparing to start from the unified electronic product specifications and communication standards, and ultimately realize the natural connection and compatibility of the on-board tablet PCs and Samsung smartphones.

According to relevant persons of Hyundai Motor Co., in order to speed up the research and development of smart cars, the company will also strengthen related cooperation with other communication companies in South Korea. Market participants believe that due to the strong strength of Hyundai Motor Company and Samsung Electronics, the strategic cooperation between the two will accelerate the research and development speed of Korean smart cars, which will also have a certain impact on the global automotive market. The media here believes that the cooperation of Korean companies in smart cars not only reflects the development trend of the world's automotive industry, but also will play a catalytic role in the cooperation between companies in different industries. This kind of cross-industry enterprise cooperation can achieve complementary advantages and is of great significance for improving the future competitiveness of enterprises and cultivating new economic growth drivers.