Businesses that reach from batteries and household appliances to memory chips, cameras and liquid-crystal displays provide components the
"In the past, passengers just used cars for moving, but now they want to enjoy entertainment and access to the Internet," said
Among the applications Lee expects in the future from Samsung are windows made of transparent flat-panels that provide map displays and other information for people inside the car while still enabling full visibility. It also may use sensors to monitor passengers' health, to select music to match a driver's mood and to analyze traffic and suggest a better route, he said.
Samsung declined to comment on its plans for the car sector, according to an e-mailed statement. The company is open to collaborations with automakers that could expand to include entertainment and navigation, President
Autos are set to be in the spotlight this year at CES, as carmakers look to catch consumer attention with new gadgetry in the cabins of their vehicles. Last year, more than 11,000 of the 150,000 attendees at the show described themselves as being in the automotive electronics business.
Samsung faces competition from chipmakers such as
Samsung shipped a record number of handsets in 2013 and posted its highest quarterly earnings, yet its stock had its first annual decline in five years amid signs of slowing growth in high-end handsets and competition from Apple's new iPhones.
Shares of the company rose 0.9 per cent to
Samsung's market capitalization is about
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