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Samsung Electronics, Tesla heads meet to discuss cooperation in high-tech

Samsung Electronics, Tesla heads meet to discuss cooperation in high-tech
Samsung Electronics Vice Chairman Jay Y. Lee arrives at a court in Seoul, South Korea on Oct 26, 2021.
PHOTO: Reuters

SEOUL - Samsung Electronics Executive Chairman Jay Y. Lee met with Tesla CEO Elon Musk last Wednesday (May 10) to discuss ways to cooperate in future high-tech industries, Samsung said on Sunday.

The two companies are currently seeking ways to cooperate in the development of IT-related technologies, such as semiconductors for autonomous vehicles, Samsung added.

The meeting was held during Lee's trip to the United States and was the first between the heads of the South Korean chip giant and the US electric-vehicle maker, the company said.

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