LG Electronics joins ties with Qualcomm on self-driving auto components

By Yonhap

Published : Oct. 19, 2017 - 10:24

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LG Electronics Inc. said Thursday it has inked an agreement with US chipmaker Qualcomm Inc. to tap deeper into the industry for self-driving automobile parts.

Under the agreement, the two companies opened a join research lab for V2X technology in Seoul. They also plan to establish another research center in South Korea by the end of this year.

(AP-Yonhap)

The V2X technology, which refers to "vehicle to everything," focuses on bolstering connectivity among cars, infrastructure and pedestrians to ensure a safer driving environment.

LG Electronics plans to combine its connected automobile parts technologies with Qualcomm's latest telecommunications chips to lead the market in self-driving car components.

The 5G network technology for automobiles that will be developed by LG Electronics and Qualcomm is around four to five times faster than the long-term evolution network, which is hoped to play a key role in the next generation of self-driving cars, the company added. (Yonhap)

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LG Electronics joins ties with Qualcomm on self-driving auto components

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