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Samsung sets up USD 300 mln automotive investment fund

2017-09-14 11:13:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics is setting up a new fund to invest in the automotive market. The Samsung Automotive Innovation Fund has an initial USD 300 million, and its first investment is USD 75 million in TTtech, a specialist in the integration of automotive safety and control systems that works closely with Audi. 

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