Samsung, Tesla heads meet for cooperation in high-tech

Samsung Electronics Executive Chairman Jay Y. Lee met with Tesla CEO Elon Musk to discuss ways of cooperation in future high-tech industries, Samsung announced on Sunday.

Both companies are now looking for ways to cooperate in the development of IT-related technologies. These include semiconductors for autonomous vehicles, Samsung added.

According to the company, the meeting was held during Lee’s trip to the U.S. and was the first between the heads of the South Korean electronics giant and the U.S. electric-vehicle maker.