South Korean telecom company LG Uplus on Monday said that it has partnered with Ssangyong Motor and Tech Mahindra, the internet technology unit of Indian automaker Mahindra & Mahindra, for the development of new connected car technologies.
The three companies signed a memorandum of understanding in Seoul, agreeing to team up for the development of new platform technologies and network services for Ssangyong’s connected car business.
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L. Ravichandran, President & COO of Tech Mahindra (left); Yoon Byung-do, Senior Managing Director at Ssangyong Motor (center); and Kang Moon-seok, Executive Vice President of LG Uplus’s business solutions division, pose after signing an MOU at the LG Uplus headquarters in Seoul on Sept. 23. (LG Uplus) |
Under the partnership, LG Uplus will provide the wireless network needed for connected cars and develop in-vehicle infotainment solutions, such as GPS tracking, music streaming services and functions based on Internet of Things technology.
Ssangyong, a subsidiary of Mahindra & Mahindra, will develop car interior systems while Tech Mahindra will provide its in-vehicle telematics systems — which monitors and controls a car’s safety and control features.
“LG Uplus will do its best to provide high-quality Long-Term Evolution network services and competitive contents for the development of standout connected car technologies,” Kang Moon-seok, Executive Vice President of LG Uplus’ business solutions division, said in a statement.
The three companies plan to complete and launch their connected car services within three years, LG Uplus said.
By Sohn Ji-young (
jys@heraldcorp.com)
