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Apple's research spending on auto research is around 5 billion, making them the leader by far. Many speculate that the auto market will be Apple's next large profit driver. Autos are about to enter the "Great Acceleration" that is coming to field after field changing the ground rules for everything at an ever accelerating rate. Companies will either rapidly adapt and those that don't will rapidly die.
I'm probably not old enough, is there any large scale and successful merge in auto industry?
One of the merge, the Mercedes-Benz bought Chrysler in 1998 but later in 2007 Mercedes-Benz spun off Chrysler due to various difficulty.
Another idea, although it's kind of remote, can Apple outsource the manufacturing task for certain markets to some incumbent auto makers? Yes, I understand it's difficult. But once upon a time, major cellphone companies from Motorola to Blackberry all made their phones in their own factories. And do we remember for seven years TSMC had no strong competitor in the fabless contract manufacturing industry because many industry experts thought it won't work?
Apple's research spending on auto research is around 5 billion, making them the leader by far. Many speculate that the auto market will be Apple's next large profit driver. Autos are about to enter the "Great Acceleration" that is coming to field after field changing the ground rules for everything at an ever accelerating rate. Companies will either rapidly adapt and those that don't will rapidly die.
hist78, I'll look for the link when time permits. Several third party companies assemble entire cares and assemblies for major auto makers around the world. There are contract plants for everything from engines, transmission and every part of a car you can imagine, including the entire car.
Indeed Daniel, is very vague.
Anyway from another article :
Secret research labs, poaching of automotive engineers, and a handful of key acquisitions all lead to advanced development of a so-called "Apple Car." Most recently, Apple wooed the director of Nvidia's autonomous vehicle technology project, a hire that could be linked to the purchase of AI firm Perceptio.
Daniel, much of the technology Apple works on already has implications and applications in the transport ecosystem, as it does in many ecosystems. Technology of all types tends to migrate into new areas as old markets mature, which also lowers costs and increase functionality as the base spreads. It's just happening at a speed that's constantly increasing.