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July 18, 2016 03:45 am -04

Samsung is buying a stake in a Chinese car maker

Now that the smartphone market is cooling off, Samsung needs another way to keep raking in cash... and it's going in an unusual direction to make that happen. The tech giant is buying a stake in Chinese automaker BYD that, at least at first, will he...

Original Link: https://www.engadget.com/2016/07/18/samsung-to-buy-stake-in-chinese-car-maker/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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