Samsung’s New Technology Group to Develop UAVs

Posted by Betsy Lillian on February 10, 2015 No Comments
Categories : Business Operations

Samsung Electronics Co. Ltd. is venturing into new technologies, including unmanned aerial vehicles (UAVs).

The South Korea-based subsidiary of the Samsung Group has appointed several people to be in charge of a new group – running independently from Samsung – to develop “hi-tech innovative business projects,” The Korea Times reports.

Projects will include UAVs and other autonomous devices, virtual reality and 3D printing: “solutions to go with Samsung’s manufacturing capabilities,” a Samsung official told The Korea Times.

The article says “growing challenges on multiple fronts,” including a declining profit on smartphones, are causing the company to “shift its focus toward becoming a total solution provider.”

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