Samsung Electronics' Executive Chairman, Jay Y. Lee, had a meeting with Tesla's CEO, Elon Musk, last Wednesday to explore potential collaborations in upcoming high-tech sectors, Samsung announced on Sunday.
Both companies are actively seeking avenues for cooperation in the advancement of IT-related technologies, including the development of semiconductors for autonomous vehicles, according to Samsung.
The meeting took place during Lee's visit to the United States and marked the first encounter between the leaders of the South Korean semiconductor powerhouse and the American electric vehicle manufacturer, Samsung confirmed.
