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Samsung Ready To Buy Fiat Chrysler’s Magneti Marelli

According to reports from Europe, Korea’s Samsung is negotiating with Fiat Chrysler Automobiles (FCA) to purchase the Italian electronics giant Magneti Marelli. In what is reported to be Samsung’s largest acquisition outside Korea, the deal


According to reports from Europe, Korea’s Samsung is negotiating with Fiat Chrysler Automobiles (FCA) to purchase the Italian electronics giant Magneti Marelli.

In what is reported to be Samsung’s largest acquisition outside Korea, the deal is said to be worth $US3-billion.

Automotive News Europe claims Samsung is particularly interested in Magneti Marelli’s lighting, in-car entertainment and Telematics technology.

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