Samsung Electronics Co. Chairman Lee Jae-yong is ready to fulfill Mercedes-Benz Chief Government Ola Källenius in Seoul subsequent week, as the 2 teams look to broaden their cooperation past in-car electronics into semiconductors, shows and electrical mobility applied sciences.
Based on business sources on Friday, Lee and Källenius are coordinating a gathering on Nov. 13, prone to happen at Samsung’s headquarters in southern Seoul.
Källenius is coming to Seoul to attend the Mercedes-Benz Convention in Seoul the next day.
Samsung SDI Co. CEO Choi Joo-sun and Samsung Show Co. CEO Lee Chung are additionally anticipated to hitch the assembly, in accordance with individuals conversant in the matter.
The assembly comes as international automakers race to safe superior electronics and battery applied sciences to energy next-generation automobiles.
Samsung and Mercedes-Benz have already been working collectively in areas resembling infotainment techniques and digital keys.
Harman Worldwide Industries Inc., wholly owned by Samsung Electronics, provides Mercedes with its MBUX platform, the infotainment system featured within the luxurious electrical sedan EQS.
MEETING WITH LG ENERGY SOLUTION ALSO SCHEDULED
Business watchers mentioned the upcoming talks may pave the way in which for a broader partnership overlaying automotive semiconductors, batteries and high-end shows.
Samsung’s Gadget Options division, which oversees its semiconductor enterprise, in addition to Samsung SDI, already provide chips and batteries to carmakers, together with BMW and Audi, however have but to type a significant provide cope with Mercedes-Benz.
Källenius can be anticipated to fulfill executives from different South Korean battery makers resembling LG Vitality Answer Ltd. throughout his go to, following related discussions with LG Group’s high administration in March final yr.
The assembly underscores the rising convergence between Korea’s electronics champions and Europe’s main automakers as each industries search to realize an edge within the fiercely aggressive future mobility market.
