Friday 10 January 2014
Samsung records Patents in lieu of Electric-Vehicle machinery
Samsung cluster, South Korea’s leading conglomerate, is scandalously tight-lipped almost its small business tactics. But a sequence of patent filings commit an inkling of its profit in the field of lone niche segment: The sell in lieu of thrilling vehicles.
A passenger using his movable phone walks earlier period an advertisement promoting Samsung Electronics'005930.SE -0.24% Galaxy memo 3. Reuters
Samsung Electronics Co.’s patent applications in the field of the U.S. And South Korea this time cover parts and machinery so as to possibly will befall used in the field of thrilling vehicles, though both the mother cluster and the company told The fortification Street Journal on Tuesday so as to it has nix tactics to enter so as to sell. Still, the filings brighten the curtain on ideas the conglomerate might befall toying with to expand its sources of revenue.
Thrilling cars be inflicted with yet to reap traction in the field of worldwide markets, but they possibly will offer the well-known Korean brand a attempt to take its technological prowess ahead of its gazebo offerings of smartphones, televisions and reminiscence chips. Samsung Electronics has elongated been searching in lieu of a further growth engine to counter slowing momentum in the field of the competitive sell in lieu of TVs and movable procedure.
Whether the company spirit decide to launch thrilling vehicles and profit from them is still in the field of question. It didn’t closely be inflicted with an explanation on Tuesday why it was seeking the patents. The company habitually records hundreds of machinery and design patents so as to stretch concluded a figure of consumer products, more or less of which don’t tell somebody to it into business production.
“Should the humanity enter an period of thrilling vehicles, the borderlines relating sports car makers and electronics companies spirit befall blurred,” understood Jae H. Lee, an analyst with Daiwa Securities.
Mr. Lee prominent so as to as thrilling vehicles are additional commonly used, the industry would befall a further source of profits so as to Samsung possibly will enter devoid of too much thought. But in lieu of right away, Samsung is likely to tread watchfully with one linked tactics known its earlier period experience, he understood.
In the field of the patent applications in print through the U.S. Patent & make bureau at the same time as well at the same time as the Korea Intellectual Property privileges in order Service, Samsung submitted applications in lieu of further technologies desirable in the field of making sports car parts so as to can befall used in the field of thrilling vehicles. These cover machinery patents in lieu of tires, motors, at the same time as well at the same time as on-board electronics in lieu of in order sharing relating the car and driver.
“Hybrid vehicles and thrilling vehicles be inflicted with gained additional popularity due to wounding environmental possessions from air pollution and an increasing scarcity of fossil fuels,” Samsung Electronics understood in the field of lone of the filings.
The Samsung Group’s first foray in the field of the automobile industry wasn’t unbeaten. In the field of the 1990s, it established an automobile detachment called Samsung Motors Inc., through which it launched a sedan mock-up now recognized at the same time as the SM sequence. But it sold the small business to France’s Renault SA in the field of the result of the 1997 Asian fiscal catastrophe, which stroke many South Korean conglomerates. The company is right away called Renault-Samsung Motors Corp. The two brands are under an agreement to keep the Samsung star until 2020, although they are unrelated in the field of requisites of small business operations, according to a spokesperson by Renault-Samsung.
Samsung certificate Co., which is a credit-card partner of the Samsung cluster and holds stakes in the field of various Samsung companies, still has a 19.9% stake in the field of Renault-Samsung.
In lieu of right away, Samsung’s exposure to thrilling vehicles is barely through its battery-making partner, Samsung SDI Co.006400.SE +2.69% The company, which has been forcefully pushing into the handle of rechargeable batteries, has supply deals with foreign sports car names like BMW AGBMW.XE -0.44%, Chrysler cluster LLC and Mahindra & Mahindra Corp.500520.BY -2.01% in lieu of batteries used in the field of thrilling cars. It is too in the field of talks with Tesla Motors Inc.TSLA -2.54% in lieu of a budding deal, according to a person familiar with the topic.
The patent filings hint at Samsung too has considered linking its remedial small business with its plug into autos. According to a filing in print in the field of grand, Samsung is working on a machinery in lieu of scheming vehicles based on a person’s remedial condition. The invention spirit offer “optimized driving conditions by scheming the vehicle based on a driver’s reserved remedial in order,” the filing says.
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