LG AND QUALCOMM TO JOINTLY RESEARCH AND DEVELOP NEXT-GEN CONNECTIVTY SOLUTIONS FOR CARS
- 10, 19 2017
SEOUL, Oct. 19, 2017 — LG Electronics (LG) announced that it is teaming up with Qualcomm to jointly develop a range of next-generation connected car solutions. The two companies will also establish a joint research center in South Korea to develop 5G for vehicle and C-V2X (Cellular Vehicle-to-Everything) technologies essential to the success of next-generation autonomous vehicles.
As respective leaders in mobile innovation, LG and Qualcomm are bringing decades of R&D experience to the partnership, including knowledge of 5G mobile technology. 5G is vital to the deployment of a fully connected car platform. With connection speeds of up to 5 times faster with 10 times lower latency than the fastest LTE technology, 5G will be able to deliver data at the speeds necessary in a real life driving situation.
C-V2X, which is included in 3GPP (Third Generation Partnership Project) Release 14, delivers double the operation time at a lower cost than DSRC (Dedicated Short Range Communications) over existing mobile communication networks. In parts of Europe and Asia, field tests and standardization activities are already being conducted with rollout by 2020 in mind. A pioneer in V2X innovations, LG Electronics has been the industry leader in the fast-growing telematics market since 2013.
“LG plans to lead the next-generation vehicle components market by combining our experience in automotive communication technologies with Qualcomm’s advanced connected solutions from LTE to 5G,” said Kim Jin-yong, executive vice president of LG’s Vehicle Components Smart Business Unit. “We are optimistic that the combined research strength of Qualcomm and LG will yield benefits that would not be feasible working independently.”
“Building on our long-standing relationship with LG, this effort to advance C-V2X technology further demonstrates our continued commitment to the development of advanced solutions for safe, connected and increasingly autonomous vehicles,” said Nakul Duggal, vice president of product management, Qualcomm Technologies, Inc. “With the automotive industry on a clear path to 5G, we look forward to working together with LG to meet the demands of today’s drivers and advance the commercialization of C-V2X technology in next-gen vehicles.”
The collaboration will be based out of LG Electronics’ Science Park in Seoul. The two companies will begin working together effective immediately.
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About LG Electronics, Inc.
LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing 75,000 people working in 118 locations around the world. With 2016 global sales of USD 47.9 billion (KRW 55.4 trillion), LG comprises four business units ― Home Appliance & Air Solutions, Mobile Communications, Home Entertainment and Vehicle Components ― and is one of the world’s leading producers of flat panel TVs, mobile devices, air conditioners, washing machines and refrigerators. For more news and information on LG Electronics, please visit www.LGnewsroom.com.
About LG Electronics Singapore Pte Ltd
LG Electronics Singapore Pte Ltd (LG Electronics Singapore) is a fully-owned subsidiary of LG Electronics Inc., the pioneer and market leader of the Korean electronics industry. LG Electronics Singapore operates three business units – Home Entertainment, Mobile Communications and Home Appliance & Air Solution. In recognition of its vision to enrich people’s life with smart technologies and innovative design, LG Electronics Singapore has been recognized with prominent local and international accolades, such as the CNET Asia Editor’s and Readers' Choice Awards, HWM+HardwareZone.com Tech Awards, Red Dot Design, and GfK No. 1 Awards. For more information, please visit www.lg.com/sg.