Samsung Elec says to provide memory chips to automaker Audi

Reuters

SEOUL (Reuters) - Samsung Electronics Co Ltd will provide memory chip products to Volkswagen's Audi after entering into a strategic partnership with the luxury German automaker, the South Korean electronics giant said in a blog post dated Monday. Samsung Electronics and its sister companies have been making a push to supply components to makers of increasingly sophisticated automobiles. No financial terms were disclosed. Samsung Electronics said it will provide cutting-edge memory chips to Audi's future "infotainment", dashboard and driver assistance applications. Samsung spokespersons were not immediately reachable for comment. (Reporting by Joyce Lee; Editing by Muralikumar Anantharaman)