LG, HERE Tech tie-up for self driving cars

The South Korean company said HERE, which provides navigation solutions to nearly 100 million automobiles around the globe, is a suitable partner for LG, which recently set its eyes on what it calls “connected cars”, Yonhap news agency reported. 

HERE’s “HD Live Map” can distinguish street signs, street lamps and obstacles on roads, a key technology needed for autonomous vehicles. 

“Through the cooperation with HERE, which holds topnotch mapping technology, we will set a new standard of the communication solution installed in self-driving cars,” LG Electronics said. 

It added that it has been standing as the world’s top player in the field of the telematics since 2013, which refers to solutions that combine various communications technologies for automobiles. 

LG Electronics said its vehicle components division has been making quarterly losses due to its aggressive investment into the segment.