Last week, we heard about the 4th Gen Snapdragon Automotive Cockpit platform from Qualcomm, and now LG is partnering with them to develop 5G platforms for automobiles. LG aims to venture into the emerging markets of automotive technology by leveraging this partnership.
When it comes to telematics and wireless car connectivity, Qualcomm is the leading manufacturer in the industry. The American company aims to develop “reliable, connected, intelligent and location-aware next-generation vehicles” in partnership with partners such as LG, Continental AG, and ZTE Corp.
Park Jong-sun, VP of LG Electronics, shared that both Qualcomm and LG pioneers in the mobile industry are looking to bring the same level of expertise in research and development to the automotive industry with a focus on 5G platforms. According to LG, for launching a fully connected car platform, 5G is an essential component. Besides the history of cooperation between two companies would certainly aid in the automobile industry’s rapid development.
Several reports indicate that up to 75% of vehicles sold in 2027 will have embedded cellular connectivity which reiterates the importance of technologies like 5G. Looking at the history, both companies collaborated to develop telematics technology in 2004, and in 2007 they partnered to focus on connected car solutions. Furthermore, in 2017 the partnership helped develop LG’s in-vehicle infotainment system called webOS Auto.
It is clear that LG is eyeing the automotive industry and believes that they have a positive future towards that direction. The company is partnering with other companies in hope to succeed in the market. Last December, they agreed with Canadian auto parts maker Magna International Inc. to manufacture electric vehicles and parts.
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