Will Samsung Build Electric Cars? Internal Information Made It Clear That There Was No Relevant Plan

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Samsung is an enterprise with a wide range of business. We believe that we are familiar with its mobile phones, TVs and other products. But have you ever heard of Samsung? In fact, Samsung entered the auto market in the 1990s and launched its first car in 1998. However, Samsung sold most of its equity to Renault after the financial crisis After the advent of the era of electric vehicles, news came from time to time that Samsung would enter this emerging field, but the official has been silent. Just recently, the official finally put a stop to this rumor in internal news

Samsung automobile

According to South Korea's central daily, Samsung Electronics released a message to employees through its intranet last week, mainly related to car making. Samsung said it has no plans to conduct business or mergers and acquisitions with companies related to automobile manufacturing, whether they are electric vehicle companies or automatic driving companies. Samsung also stressed that it will continue to plough deeply in the field of parts and focus on semiconductors.

In addition to internal information, the remarks of Samsung executives also confirmed this. Two Samsung executives made it clear that Samsung would not produce its own electric vehicles, the Korean Times reported.

There are two reasons: first, Samsung believes that there are still many design and technical problems unsolved in the field of electric vehicles, and the investment in vehicle construction is very huge; Second, at present, Samsung provides chips, batteries, display screens, cameras and other parts for many car enterprises. If it makes cars directly, it is likely to affect its main business. This is somewhat similar to Huawei's idea of not building cars.

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