Samsung recently announced its newest driverless car concept, and aims to compete with Google, Uber, Apple, and countless other industry titans.
The tech brand received the green light to start testing autonomous driving vehicles, as well as autonomous entertainment systems in South Korea. The car, whose prototype will hit the streets as early as next week comes equipped with sensors, and cameras and will have its progress monitored by artificial intelligence.
It is rumored that Samsung decided to expand into auto technology in order to neutralize smartphone profit sales. Using Hyundai models to test its driverless car concept, Samsung is the 20th organization to be given approval to test drive autonomous vehicles on South Korean roads.
Autonomous Tech Brand Vehicles
Samsung's Driverless Car Concept is Equipped with A.I. Capabilities
Trend Themes
1. Autonomous Driving Technology - The growing interest in autonomous driving technology provides opportunities for innovative solutions in areas such as safety, efficiency, and user experience.
2. Artificial Intelligence in Automotive - The integration of artificial intelligence in vehicles opens up possibilities for advanced driver-assistance systems, personalized experiences, and predictive maintenance.
3. Tech Brand Expansion Into Auto Industry - The entry of tech brands like Samsung into the auto industry disrupts traditional automotive players and creates new opportunities for collaboration and competition.
Industry Implications
1. Automotive - The automotive industry must embrace autonomous driving technology and AI integration to stay competitive and meet evolving consumer demands.
2. Technology - The surge of tech brands entering the auto industry creates a need for advancements in software, hardware, connectivity, and cybersecurity.
3. Entertainment and Media - The integration of autonomous entertainment systems in vehicles presents opportunities for content creation, distribution, and engagement during self-driving experiences.