Join us on Telegram | Early Samsung Black Friday deals, check them out right now!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission. Learn more.

Samsung’s next acquisition could be bigger than the $8B Harman deal


Last updated: February 1st, 2021 at 18:56 UTC+01:00

Samsung is eyeing the automotive semiconductor industry for a new round of mergers and acquisitions (M&A), revealed the company’s CFO Choi Yoon-ho during a conference call earlier this weekend. The company’s exact plans moving forward haven’t been laid out publicly but market watchers cited by the local media indicate that NXP, Texas Instruments, and Renesas are prime candidates for Samsung Electronics’ forthcoming wave of investments.

Rumors following the imprisonment of Samsung’s vice chairman Lee Jae-yong have hinted at delays to the company’s M&A plans but there’s no such reason for concern. Samsung should continue to move forward regardless of my situation, said Lee Jae-yong, and so the company will.

NXP, Texas Instruments, and Renesas could soon be owned by Samsung

Investment banking industry watchers cited by the local media suggest that Samsung’s aggressive push into the automotive semiconductor industry could involve companies like NXP in the Netherlands, who’s highly proficient in developing application processors for cars; US-based Texas Instruments, who specializes in high-voltage power semiconductors; and Renesas of Japan — the leading producer of micro controller units for the automotive market.

Samsung is reportedly targeting the automotive industry with new M&A deals because cars are becoming more dependent on semiconductors. In 2018, the average value of semiconductors in a car was hovering around $400 but market watchers expect the emerging EV (electric vehicle) to help boost this figure beyond the $1,000 mark.

If Samsung will prove industry analysts right and make this aggressive push into the automotive semiconductor industry, market watchers predict it will be the largest deal since the company’s acquisition of Harman for an eye-watering $8 billion back in 2016.

BusinessGeneral Samsung Electronics
Load 0 comments

You might also like

Samsung Gaming Hub is the best thing that ever happened to cloud gaming

If someone were to tell me a year ago that Samsung is the answer to cloud gaming, I would’ve probably laughed or looked bewildered thinking of that notion. I also would’ve been wrong to doubt that hypothesis. Because here we are in 2022, with Samsung arguably becoming one of the most valuable partners for cloud […]

  • By Mihai Matei
  • 1 day ago

Q3 smartphone shipments to Europe declined but Samsung kept the lead

Demand for smartphones in Europe appears to be declining, but Samsung maintained the lead in Q3 2022 despite considerable losses. The European smartphone market shrunk by 16% year-on-year, with market watchers saying that shipments were just a little over 40 million units due to economic challenges. Xiaomi capitalized on the Russian market to rise to […]

  • By Mihai Matei
  • 1 day ago

Samsung may not pursue slidable phones, but its rivals might have to

Even though Samsung Display has been experimenting with various form factors and use cases for its state-of-the-art foldable display technology, at least one analyst believes that the company has no interest in developing commercial slidable phones. Furthermore, because Samsung has a tight grip on the foldable phone market as it is, Chinese smartphone manufacturers might […]

  • By Mihai Matei
  • 1 week ago

Samsung may have expanded its Galaxy S23 Ultra camera supply chain

All rumors indicate that the upcoming Galaxy S23 Ultra will feature four rear-facing cameras, including a 200MP primary sensor, a 12MP ultra-wide shooter, and two 10MP telephoto cameras — one with 3x optical zoom and the other boasting 10x capabilities thanks to folded-lens technology. According to a new report, China’s Sunny Optical will supply two […]

  • By Mihai Matei
  • 1 week ago

Samsung just sold 400,000 rugged Galaxy devices in one go

Samsung has found a new business customer for its rugged Galaxy mobile devices. The company announced today that Samsung France got selected as a partner of the consortium co-sponsored by Airbus and Capgemini. As a result of this partnership, Samsung says it will work closely with Airbus to equip roughly 400,000 employees with Galaxy rugged […]

  • By Mihai Matei
  • 2 weeks ago

Where are Samsung phones made? It’s not where you think

Samsung is the biggest smartphone vendor on the planet. Data from multiple industry trackers showed that the company shipped nearly 300 million units just last year. As you can probably imagine, a vast manufacturing network is required to pump out over a quarter of a billion devices every year. The company has factories in several […]

  • By Adnan Farooqui
  • 2 weeks ago