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The Chinese Automotive Industry – Opportunities in Diversity
China is now the largest single market for light duty vehicles, such as cars, light trucks, and sport utility vehicles.Speaking at a University of Michigan Transportation Research Institute sponsored conference titled "Inside China: Understanding China's Current and Future Automotive Industry," Mike Jackson, a senior executive of IHS Markit, said that there were over 25 million such vehicles sold in China in 2016.The market could easily top 30 million units by 2021.
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Samsung's $8 Billion Deal With Harman Can Be Its Break Into The Automotive Industry
Samsung has announced its $8 billion deal with Harman International Industries.The tech company is looking to break into the automotive industry.(Ben Sutherland / Flickr)Samsung announced that it's going to buy Harman International Industries.
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The Biometrics Boom Is Coming To The Automotive Industry
Growth consultancy firm Frost & Sullivan is predicting a significant boom of biometrics in the automotive industry.In a statement announcing its new report, "Biometrics in the Global Automotive Industry, 2016-2025," the company asserts that advancing biometric technology "will radically transform the driving experience, health wellness and wellbeing (HWW), and security of vehicles by 2025," adding that one in three new vehicles will feature some form of biometric recognition –from iris, to voice, to fingerprint recognition.This is going to be further spurred by "[p]artnerships between automotive OEMs and wearable companies", adds Frost & Sullivan Intelligent Mobility Industry Analyst Joe Praveen Vijayakumar.
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