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Samsung Electric Cars: Patents are a sign of interest in electric cars | BGR

With profit margins shrinking in the smartphone segment, some companies are starting to explore new sources of revenue.According to The Wall Street Journal, several patents have cropped up this year which indicate that Samsung might be making its way into the electric car market. The applications include parts and technology for electric vehicles, although Samsung told the Journal that it has no interest in entering that market.

“Hybrid vehicles and electric vehicles have gained more popularity due to harmful environmental effects from air pollution and an increasing shortage of fossil fuels,” said Samsung in one of its filings. In another, the company touched upon creating “optimized driving conditions by controlling the vehicle based on a driver’s private medical information.”

More http://bgr.com/2013/12/17/samsung-electric-cars-patents/

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