Samsung to buy ZF’s ADAS unit for $1.5b, boosting automotive push
Samsung Electronics said Tuesday it will acquire the advanced driver assistance systems business of Germany's ZF Friedrichshafen for 1.5 billion euros ($1.6 billion), strengthening its push into automotive electronics. The acquisition will be carried out through Samsung's automotive subsidiary Harman International, the company said. It marks Samsung's first major deal in the automotive sector since it acquired Harman in 2017. The transaction is expected to be completed in 2026, subject to regula
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