Samsung is reportedly in advanced talks to buy Magneti Marelli, the auto components manufacturing arm of Fiat Chrysler Automobiles.
According to a report from Bloomberg, South Korean-based Samsung is said to be in talks with the Italian luxury automaker to acquire Fiat’s subsidiary and auto-parts maker Magneti Marelli, which specialises in developing and manufacturing high-end automotive parts. Samsung is said to be particularly interested in Magneti Marelli’s lighting, in car entertainment and telematics capabilities.…
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