[Special Stock] Samjin Expands Partnership with Samsung Electronics and Hyundai Motor to 'SmartThings' SDV... Increased Parts Supply History

Samjin is showing strength. It is interpreted that this is influenced by the news that Samsung Electronics is collaborating with Hyundai Motor Group to apply the IoT (Internet of Things) platform ‘SmartThings’ service to SDV (Software-Defined Vehicle).

As of 11:12 AM on the 25th, Samjin is trading at 4,805 KRW, up 5.6% compared to the previous day.

According to the industry, on this day Samsung Electronics signed a 'Business Agreement for Samsung Electronics-Hyundai Motor Group Technology Partnership and Mutual Cooperation' with Hyundai Motor Group. Through this agreement, Samsung Electronics plans to link ‘SmartThings’ with the next-generation infotainment systems being developed by Hyundai, Kia, and FortyTwoDot to provide a differentiated experience.

Using the global location tracking solution ‘SmartThings Find’ technology, a feature to check the location of vehicles and smart keys will be introduced. If you have a Galaxy smartphone, you can find the vehicle’s location by utilizing other nearby Galaxy smartphones without the vehicle’s 4G/5G network connection.

Additionally, users can register their vehicles in SmartThings automation for customized control, and quickly and conveniently check air conditioning control, driving range, and charging status from the top quick panel of the Galaxy smartphone. Furthermore, through SmartThings in the vehicle’s infotainment system, users will be able to control Samsung Electronics home appliances and IoT devices at home.

Meanwhile, Samjin is a company that manufactures electrical and electronic device components. It is a Samsung Electronics selected promising small and medium enterprise, supplying key components such as SmartThings hubs and sensors.