The company, part of a massive conglomerate that makes everything from washing machines to heavy machinery, said it has “no plans to enter the car-manufacturing business.”
With the foray into the U.S. self-driving car landscape, Samsung will jostle with its friends and foes. Besides Apple, it will join Waymo, a division of Alphabet Inc, which supplies the Android operating system that runs on Samsung’s phones.
Samsung has a range of other opportunities for growth in the self-driving car business. Earlier this year, the company closed its $8 billion purchase of car audio maker Harman International Industries, giving it a wide foot print in so-called connected car technologies.
