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THE INVESTOR] LG Electronics said on Oct. 19 it has inked an agreement with US chipmaker Qualcomm to tap the industry for self-driving auto 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 Korea by the end of this year.
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 plans to combine its connected automobile parts technologies with Qualcomm’s latest telecommunications chips to lead the market in self-driving car components.
By Alex Lee and newswires (
alexlee@heraldcorp.com)