Tata eyes connected cars via South Korea expansion
Tata Group is eyeing up establishing a regional office in South Korea. Once given the go ahead, the office will be occupied by the company’s South Korean telecom affiliate and will focus on building a data centre and extending its connected car capabilities.
Tata Teleservices, a subsidiary of Tata Group, is looking for a domestic telecom partner to complete its business registration process required for entry into the market.
In a recent report, Tata said that the connected cars of the future will require very strong processors in order to record a variety of data – and will need to be supported by fit for purpose data centres.
Tata Group is one of the largest Indian conglomerates. It employs well over half a million people and has interests in a variety of sectors including communication, food, steel, automobile, chemical, and electronics.
This is not the first time Tata has made a foray into Korea. The company already had a presence in, due to a collaboration with the vehicle manufacturer Daewoo.
Business Review Asia's January issue is live.
Follow @BizRevAsia and @MrNLon on Twitter.
Business Review Asia is also on Facebook.
SOURCE: [The Tech Portal]
- Top 10 largest companies in India (and how they got there)Corporate Finance
- How incoming CEO Mohit Joshi is restructuring Tech MahindraCorporate Finance
- IndiGo – the high-flying Indian low-cost airlineSustainability
- Why Kotak Mahindra Bank has appointed an outsider as CEOLeadership & Strategy
Featured Articles
Nirvik Singh, Global COO and President International of Grey Group, cultivating culture and utilising AI to enhance rather than replace human creativity
On a mission to accelerate the adoption of sustainable energy solutions, US$30 billion Chinese tech firm Longi is not just selling solar – but using it
Armed with an ambitious billion-dollar strategy, Samsung is on track to achieve net zero carbon emissions company-wide by 2050 – but challenges persist