Latest news with #EunSeok-hyun
Korea Herald
29-04-2025
- Automotive
- Korea Herald
LG Electronics showcases new infotainment solutions with Taiwan's MediaTek
LG Electronics Inc. said Tuesday it has showcased a next-generation in-vehicle infotainment system in collaboration with Taiwan's semiconductor company MediaTek Inc. The system, unveiled at the ongoing Auto Shanghai 2025, allows customers to enjoy different content on multiple displays in a vehicle using only one chip and operating system, according to LG Electronics. Through this collaboration, LG Electronics has integrated MediaTek's "Dimension Auto Platform" system-on-chip with its own multiuser solutions based on an Android-based automotive OS, co-developed with Google. This development aligns with LG Electronics' broader strategy to expand into next-generation sectors, such as vehicle components, following its withdrawal from the smartphone business in 2021. Earlier this year, the company also introduced advanced solutions for connected and autonomous vehicles in partnership with tech giant Qualcomm Inc. "With our innovative solutions and technology, we will continue to expand our partnerships with various global companies to preemptively shape the future vehicle technology ecosystem and lead the transition toward software defined vehicles," said Eun Seok-hyun, vice president at LG Electronics. (Yonhap)
Korea Herald
22-04-2025
- Automotive
- Korea Herald
LG Electronics receives top supplier award from Toyota
LG Electronics announced Tuesday that it has been recognized by Toyota Motor for its innovation and reliable supply of high-quality automotive electronic components, strengthening its position in one of the company's future core businesses. The company recently received the 2024 Excellent Value Improvement Award from Toyota Motor North America. The award acknowledges LG's contribution to enhancing the competitiveness of Toyota's North American supply chain by improving production efficiency and actively reducing costs through streamlined logistics and procurement. These achievements were made possible through close collaboration with Toyota, even amid ongoing global supply chain challenges since the COVID-19 pandemic, LG said. This marks the first time LG has been recognized with the award in its decadelong partnership with Toyota. The honor was presented during Toyota's annual business meeting with its suppliers in Detroit. "This recognition reflects LG Electronics' advanced technologies, stable supply capabilities and seamless cooperation with our customers based on mutual trust," said Eun Seok-hyun, president of LG Vehicle Solution Co.. LG began supplying navigation components for Toyota vehicles in 2011 and has since expanded its collaboration in the North American market, now providing 5G-based telecommunication modules that enable vehicles to exchange data with various objects along their routes. While LG has long collaborated with global automakers such as Hyundai Motor on the development of car parts, it has increasingly positioned the electronic parts business as a future growth driver. In 2023, LG Vehicle Solution Co. surpassed 10 trillion won ($7 billion) in annual sales for the first time. "In step with the transformation of the mobility industry, we will continue to strengthen our differentiated technological edge and deepen our collaboration with global automakers," Eun added.
