LG Electronics yesterday said its Electronics Vehicle Component Solutions Subsidiary recently made a 5G telematics solutions deal with an unnamed premium European automaker.
According to market research firm Strategy Analytics, by 2026 approximately 67 million new vehicles worldwide will be equipped with telematics capabilities. Telematics 5G communications modules, introduced only last year, are expected to account for more than 25 percent of the total vehicle telematics market by 2026.
With its highly-evolved and wide-ranging core technologies, LG has already secured a competitive advantage in 5G standards, accounting for about 10 percent of global 5G standard patent approvals and ranked second globally.
From vehicle-to-everything (V2X) systems to integrated hardware and software packages and in-vehicle communications gateways, LG’s cutting-edge 5G telematics innovations deliver a new level of on-road connectivity and safety.
An essential component in autonomous vehicles, V2X technologies enable vehicles to communicate in real-time with other vehicles, nearby pedestrians and infrastructure to create a safer environment for all.
Fast approaching the threshold for Society of Autonomous Engineers’ Level 4 in which autonomous vehicles no longer require human interaction for operation, LG’s 5G-V2X technology delivers more consistent vehicle data transmission speeds.
Faster, more stable communications means vehicles can recognize and respond to a variety of road conditions and driving situations instantaneously while the high-precision positioning technology, known as Advanced Global Navigation Satellite System (GNSS), can pinpoint a vehicle’s exact location to within 40 centimeters even when traveling at high speeds.
Utilizing Dual SIM Dual Active (DSDA) technology, LG’s solutions simultaneously support connected car and autonomous driving functionalities, enabling vehicle occupants to enjoy entertainment services, convenient functions and enhanced safety. The 3rd Generation Partnership Project (3GPP) Release 16* 5G module boasts significantly improved performance and more reliable connections.
What’s more, the smart, flat antenna allows automakers to maintain the aerodynamic lines of their designs which would be impossible with traditional “shark fin” antennas.
“Thanks to our experience and expertise in vehicle telematics, LG has been successful in winning a number of new contracts with established global automakers,” said Eun Seok-hyun, president of the LG Vehicle component Solutions Company.