· LG Electronics and Qualcomm will build a new joint R&D center

According to foreign media reports, LG Electronics (LG Electronics Inc., LGE) and Qualcomm will cooperate to develop a new generation of connected vehicles and autonomous driving technology, aiming at a dominant position in the auto-driving auto parts industry.
LG Electronics announced on Thursday (November 9, 2017) that it has signed an agreement with Qualcomm in its LG Technology Park in Magok, South Seoul, and will be working on the development of interconnected vehicles and autonomous vehicles. A number of senior executives attended the signing ceremony.
The two parties hope to jointly develop the industry-leading next-generation interconnected vehicle product solutions in the future, combining the advantages of LG Electronics' in-vehicle communication solutions and connected vehicle parts and components with Qualcomm's latest in-vehicle communication chip technology.
According to LG Electronics, the two companies aim to develop in-vehicle network technology. Compared with the current long-term evolution (LTE) network technology, the new technology solution can achieve high-speed wireless data communication, and its speed will increase by 4-5. Double, and help to significantly reduce the communication delay time, a drop of up to 90%. It is estimated that the new program will play an important role in the next generation of connected car platforms.
Under the agreement, LG Electronics and Qualcomm have established a joint R&D center in the Seocho-dong LG Electronics R&D Park in southern Seoul, which will be responsible for the development of a generation of connected car solutions and future technologies, including: mobile-based Network V2X technology. The two companies also plan to build a new R&D center in Magok, west of Seoul, by the end of next year.
Based on mobile networks, V2X technology aims to use mobile network technology to achieve network connectivity between vehicles to create a safer traffic environment.

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