Rivals are already sewing up lucrative deals with an industry that is notoriously difficult to break into
Reuters
SEOUL (Reuters) - Samsung Electronics and group companies are trying a belated push into the business of supplying technology to car makers, while rivals are already sewing up lucrative deals with an industry that is notoriously difficult to break into.
Data compiled by Thomson Reuters IP & Science shows the world's top smartphone maker and other Samsung Group tech affiliates are ramping up research and development for auto technology, with two-thirds of their combined 1,804 U.S. patent filings related to electric vehicles and electric components for cars coming since 2010.