Samsung, BMW boost ties in EV business
Samsung and BMW are strengthening their ties in the electric vehicle (EV) business. Samsung Electronics Chairman Lee Jae-yong met with BMW CEO Oliver Zipse at the German carmaker's driving center in Yeongjongdo, Incheon west of Seoul. Lee has been strengthening Samsung's global network in the mobility sector. Their meeting came about six months after Lee met Zipse at BMW's headquarters in Germany.