Elon Musk and Samsung Chairman Lee Jae-yong met. Tesla is behind it.
Samsung, does not stand out much, but makes huge investments in the automobile side. The South Korean-based technology giant, which produces special processors and ready-made platforms for automobile companies, has big future plans in terms of electric vehicle transformation. The most recent development that brought the company to the agenda in this area was a meeting held as we said above. As officially announced, Tesla CEO Elon Musk Chairman of the Board of Samsung Electronics Lee Jae-yong met for the first time during his last business trip to the USA. According to the information received, two senior executives discussed new ways of cooperation on automotive processors. Sources suggest that Musk and Lee discussed the possibility of Samsung Foundry producing a 5nm processor for Tesla’s self-driving cars. This is not too surprising because Samsung and Tesla have been collaborating for a long time.. Reportedly, Samsung offers many components for Tesla’s electric cars, including batteries from Samsung SDI, Exynos Auto processors, and camera sensors from System LSI. In addition, Samsung Foundry company Tesla It also manufactures chips using the 14 nm process.
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Samsung board chairman Lee Jae-yongwas on the agenda for a long time due to the bribery scandal and was subsequently arrested. For those who missed it in the past years Samsung chairman of the board Lee Jae-yongPresident of South Korea in response to the government’s support Park Geun-Hyeand with it another close friend of the head of state founded To the Choi Foundation He was also arrested for making payments of close to $25 million. The company, which had a hard time due to this scandal, left these scandals behind depending on time. Later, President Yoon Suk-yeol, on the occasion of the 15th of August National Independence Day announced the pardon of 1,691 prisoners, including Lee. This decision was the first special pardon order since Yoon took office. A similar pardon was reportedly applied to Lee Jae-yong’s father as well. Lee Jae-yong had publicly apologized for what happened before the amnesty was granted. Appearing in front of journalists in Samsung’s building, Lee bowed three times to show his regret about what happened. Lee is here, “Our technology and products are hailed as top-notch, but the public’s view of Samsung is still harsh. My fault. I apologize” he said.