Samsung is in advanced talks to buy assets of auto-parts maker Magneti Marelli from Fiat Chrysler Automobiles NV
Read the full article at: www.bloomberg.com
I can see them making serious moves to become a Tier1 supplier (buy Magneti-Marelli, build “Gaxaxy Car”), an major automotive chipmaker (ADAS and IVI silicon) and be the biggest IoT supplier (consumer devices, phones and tablets). They can offer full support of Google Android and connected home appliances developed from Open Source TizenOS. In many ways even Intel is helping them do it!
self-driving car projects that could compete with the coalition between BMW AG, camera-software company Mobileye NV and chipmaker Intel Corp
Read the full article at: safecarnews.com
Tier1 suppliers like Continental tend to be nervous about Tier2 like MobileEye and Intel working directly with their OEM customers. Thus they have alternate strategies.
Neither Mobileye nor Tesla would say which company initiated the move
Read the full article at: safecarnews.com
It seems the market says Tesla fired them, but if MobileEye walked off they dissed a customer, which is usually not a good idea. Check the legal filings to get more information on what happened.
Driving The Connected Car onto the Open Road