At Mobile World Congress in Barcelona, LG Electronics (LG) and Intel announced that they are collaborating to develop and to pilot 5G-based telematics technology, the next generation of wireless technology for cars. LG and Intel will utilize research and development expertise and leadership from both companies with the intent to be first to market with 5G ready solutions.
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 travelling 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 the insight of its Vehicle Components division, LG has made 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% in 2013, 30.3% in 2014 and 29.9% in 2015, according to Strategy Analytics.