Samsung to supply new advanced auto chip to Volkswagen

  • 11/30/2021
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SEOUL, Nov 30 (Reuters) - Samsung Electronics (005930.KS) on Tuesday revealed new auto chips targeting demand for advanced chips in cars, including one mounted in Volkswagen"s (VOWG_p.DE) infotainment system developed by LG Electronics (066570.KS). Demand is rising for "high-tech" automotive chips that can handle more entertainment consumption and increased electrical components in cars, Samsung said in a statement, saying that it plans to actively respond to the growing demand. The chips, developed by Samsung"s logic chip design business System LSI, include a chip enabling 5G-based telecommunications for downloading high-definition video content during transit, and a power management chip for stable electricity supply. A third chip, an infotainment processor that can control up to four displays and 12 cameras at once, has been mounted in Volkswagen"s high-performance computer called In Car Application Server (ICAS) 3.1, developed by LG Electronics" vehicle components business, Samsung said.Samsung and cross-town rival LG Electronics have both targeted the expansion of the global electric vehicle market and the rapid electrification of cars as opportunities to sell more high-tech chips and sophisticated components, analysts said.

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