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Nope, Samsung isn’t making an EV


Samsung has had a firm grip on several niches in the automotive components industry for some years now. With its own digital cockpit, its proprietary automotive processor, and various EV battery supply deals, it wouldn’t be surprising to see the hardware giant enter the market with its own electric car at some point. But Samsung has recently decided not to manufacture a dedicated electric brand, as two senior executives told The Korea Times. Two reasons why The first reason behind this decision is that the company doesn’t believe its entrance into the EV segment will bring sustainable profit. As one…

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