Samsung and BMW to partner on batteries and software

Samsung Electronics Co. will partner with BMW to combine more of its technology with the German vehicles’ battery and in-car software, Samsung said on Wednesday. A team of Samsung executives led by CEO Lee Jae-yong left for Munchen earlier in the day for a series of meeting with counterparts at BMW and Siemens, including Norbert Reithofer, CEO of BMW, according to Samsung.

“COO Lee had a meeting with Dr. Reithofer and both companies agreed to extend collaboration on car batteries and infotainment system, “said Rhee In-yong, executive vice president of Samsung Electronics. The move extends Samsung’s 2009 collaboration with BMW on lithium-ion battery cells. BMW chose Samsung as its only supplier of battery cells for Megacity Vehicle project making electric vehicles.

For full article see Korea Herald.

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