Samsung Electronics has successfully launched a groundbreaking automotive storage solution designed for Infotainment and Vehicle Information (IVI) systems. This energy-efficient storage solution sets a new industry standard and is now available for global car manufacturers and distributors of automotive components. Samsung aims to dominate the automotive storage market by 2025.
According to reports from Asia Economy and Chosun Biz, Samsung has recently announced the mass production of their highly anticipated IVI UFS 3.1 storage solution. With a remarkable 33% reduction in power consumption compared to previous models, this innovative solution optimizes the energy usage of car batteries, making it an ideal choice for electric vehicles and self-driving cars.
The feature-rich 256GB product boasts impressive specifications, including a lightning-fast continuous read speed of 2,000MB/s and a reliable continuous write speed of 700MB/s. Furthermore, it has obtained the prestigious AEC-Q100 Grade2 certification, guaranteeing consistent performance in extreme temperature conditions, ranging from -40 to 105ºC. Samsung plans to expand its product lineup by introducing 512GB options in the fourth quarter of 2023, following the successful production of the 128GB and 256GB models.
Samsung's Executive Vice President of the Memory Business Division, Mr. Cho Hyun-deok, emphasizes the significance of their low-power automotive UFS 3.1 products, aligning with the growing global emphasis on ESG (Environmental, Social, and Governance) practices.
Market research firm Omdia predicts that the automotive semiconductor market will reach an impressive $96.2 billion by 2026, with a projected value of $62.4 billion in 2022. As the demand for automotive storage continues to rise, along with the increasing performance requirements, Samsung is poised to capitalize on this growth potential. They aim to expand the application areas of their automotive storage product portfolio to cater to evolving industry needs.
Samsung has been at the forefront of the automotive storage market since 2015, achieving record-breaking sales for seven consecutive years. They were the first to introduce automotive UFS solutions in 2017, followed by advanced driver-assistance system (ADAS) UFS 3.1 products in 2022. Samsung's ultimate goal is to provide the best storage solutions for autonomous driving, ADAS, IVI, and other automotive applications, solidifying their position as the leading provider in the automotive storage market by 2025.