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Samsung sets up USD 300 mln automotive investment fund

Thursday 14 September 2017 | 11:13 CET | News
Samsung Electronics is setting up a new fund to invest in the automotive market. The Samsung Automotive Innovation Fund has an initial USD 300 million, and its first investment is USD 75 million in TTtech, a specialist in the integration of automotive safety and control systems that works closely with Audi. 

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Categories: Mobile & Wireless
Companies: Harman / Samsung
Countries: World
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