South Korea’s LG Electronics Inc
said on Wednesday it will work with German car maker Volkswagen AG (VOWG_p.DE)
to jointly develop a connected car platform to enable vehicles to communicate
with external devices.
LG, in a statement, said it and
Volkswagen will work to jointly develop over “the next few years” technologies
allowing drivers to control and monitor devices in their homes such as lights
and security systems, as well as in-vehicle entertainment technologies and an
alerting system for drivers providing “recommendations” based on real-time
situations. South Korea's LG Electronics Inc said on Wednesday it will work
with German carmaker Volkswagen AG (VOWG_p.DE) to jointly develop a connected
car platform to enable vehicles to communicate with external devices. LG, in a
statement, said it and Volkswagen will work to jointly develop over "the
next few years" technologies allowing drivers to control and monitor
devices in their homes such as lights and security systems, as well as
in-vehicle entertainment technologies and an alerting system for drivers
providing "recommendations" based on real-time situations.
Automakers and technology
companies have been forming partnerships in recent years, as the race to
develop self-driving cars has created need for more sophisticated components
and software that will allow vehicles to seamlessly communicate with various external
devices and servers via the internet.
LG Electronics, along with
affiliates LG Display Co Ltd and LG Innotek Co Ltd, has identified the auto
industry as a new growth driver and has been pushing to grow new businesses
amid continued struggles for its mobile phones division. Automakers and technology
companies have been forming partnerships in recent years, as the race to
develop self-driving cars has created need for more sophisticated components
and software that will allow vehicles to seamlessly communicate with various
external devices and servers via the internet.
LG Electronics, along with
affiliates LG Display Co Ltd and LG Innotek Co Ltd, has identified the auto
industry as a new growth driver and has been pushing to grow new businesses
amid continued struggles for its mobile phones division.
LG and its sister companies last
year clinched a deal to supply key components ranging from the battery cells
and the electric motor for General Motors Co’s 2017 Chevrolet Bolt electric
car, burnishing their credentials. LG companies also supply products such as
car audio systems and batteries to Volkswagen.
In the statement on Wednesday,
Thomas Form, Volkswagen’s head of electronics and vehicle research, called LG a
strong partner and said the pair will work to integrate smart home solutions
into Volkswagen vehicles.
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