LG Electronics (LG) and Intel announced that they are collaborating to develop and pilot 5G-based telematics technology, the next generation of wireless technology for cars. LG and Intel intent to be first to market with 5G ready solutions. LG is among the first company to supply telematics products that rely on LTE connectivity instead of older 2G or 3G based networks.
5G telematics delivers data more than 33 times faster than 4G LTE with latency expected to drop to about one tenth of current speeds. Software can be updated at high speeds through OTA (Over The Air) networks, while videos and other multimedia content will see faster downloads through the car’s infotainment systems.
Powered by V2X (Vehicle to Everything) technology, 5G’s reduced latency is possible even when cars are traveling at high speeds. Communication from vehicle to vehicle, vehicle to infrastructure or vehicle to pedestrian through 5G can help prevent accidents for a safer driving experience.
By bringing together its Mobile Communications technology with its Vehicle Components division, LG aims to make strides to solidify its telematics leadership in the smart car industry. LG is the exclusive supplier of vehicle telematics for GM’s 4G LTE OnStar telematics system which has helped LG take the top position in automotive telematics with a market share of 30.1 percent in 2013, 30.3 percent in 2014 and 29.9 percent in 2015, according to Strategy Analytics.
