Samsung Electronics

Samsung Electronics Expands its Automotive Electronics Business

Acquires ZF in Germany, a key autonomous driving company through its subsidiary Harman

Samsung Electronics has acquired ZF’s advanced driver assistance systems (ADAS) business for 1.5 billion euros through its subsidiary, Harman.
ZF, founded in Germany in 1915, is a global total electronics company boasting over 100 years of history and technological prowess. It has wide business areas from ADAS, to transmissions, chassis, and even electric vehicle operating components. ZF’s ADAS business, which Harman is acquiring, is ranked No. 1 for its ADAS smart cameras. It already supplies products to numerous automakers through collaborations with various semiconductor companies, including Mobileye. This is expected to contribute to Harman’s future expansion of its sales network.

Automotive semiconductors (processors) are currently transitioning from a distributed structure to a domain-centric structure and even a centralized control structure.
According to industry sources, the ADAS and centralized controller market is projected to grow rapidly from US$ 42.2 billion in 2025 to US$ 65.7 billion in 2030 and more than US$ 127.6 billion in 2035.

Harman already has a strong portfolio of automotive electronics focused on the in-cabin experience (ICX), including in-vehicle infotainment (IVI), digital cockpits, car audio, and telematics. Harman is expanding into future growth areas by introducing new products focused on enhancing ICX.

korean-electronics.com | Blog Magazine of korean electronics, brands and Goods