Samsung (XETRA: SSUN.F) Expands Auto Tech Footprint as Harman Buys ZF’s ADAS Unit for €1.5 Billion

Samsung has taken another major step in the global auto technology race. Its wholly owned subsidiary, Harman International, has agreed to acquire ZF Group’s Advanced Driver Assistance Systems business, commonly known as ADAS, for €1.5 billion. This move is being seen as a strong signal that Samsung wants to play a much bigger role in the future of smart, connected, and safer vehicles.