Good Show in Vehicle Solution, B2B Segments Helps LG Fight Macro Headwinds
Q3 2022 revenue increased 8% YoY to reach ₩16.12 trillion helped by higher sales of vehicle solutions. Vehicle solutions revenue jumped 46% YoY…
Connected Vehicle 2022 Summit: From ADAS to Autonomous Mobility, Here are Some Key Takeaways
India’s Connected Vehicle event is back offline after two years. Held in Bengaluru from May 4 to May 6, the event saw attendance from the chipset,…
LG Electronics Revenue at New Record High in Q1 2022
Revenue reached a new record high of $14.48 billion during the quarter. Operating profit recovered to a respectable level. Other businesses…
Global Connected Car Market Remains Resilient; 5G Cars Deployed Globally
In 2021, 4G cars were 90% of total connected car shipments. 5G cars are expected to be a quarter of connected cars by 2025. San Diego, Buenos…
US Connected Car Market on Recovery Path After COVID-19; 5G Cars to Account for 27% of Market by 2025
In 2020, 92% of connected cars in the US were using 4G LTE networks. 80 million new connected cars will be added in the US during 2020-2025. San…
Will Foxconn Shake EV Industry?
Apple supplier Foxconn, with an aim to diversify its business and reduce overdependency on Apple for revenue generation, is betting big on electric…
COVID Dents TCU Shipments but Recovery Looks Promising
Continental, LG, and Harman together account for a majority of global TCU shipments. One in four TCUs shipped in 2025 will be 5G-enabled. Automakers…
Top 10 Automotive Announcements in CES 2021
Like the past few years, automotive players used the 2021 edition of the Consumer Electronics Show (CES), organized from January 11 to 14, to…
Connected Car Shipments for Europe Hit the Expressway
In Q2 2020, 4 out of 5 connected cars were using 4G LTE connectivity in Europe. 69 million new connected cars will be added in Europe during…
Three-Quarters of All New Cars to be Connected in Five Years
Half of all cars shipped in 2020 will be connected. US and China together accounted for two-thirds of all connected car shipments in Q2 2020.…
Podcast: Over 50% of Cars Sold Globally in 2020 will be Connected
Automakers are packing more technology in cars these days. This includes IoT-based connected car technology, which enables navigation, information,…
More than 431 Million Telematics Control Units Will Be Shipped Globally During 2019-2025
LG, Continental, Harman, led the global automotive Telematics Control Unit (TCU) market in 2018. 4G and 5G TCUs to account for most of the shipments…
Indian Public Transport Vehicles To Be Safer Through Mandated Connected Technology
In what is certainly a clear, definitive and integrated application of vehicular connected technology in the country, the Indian Government has…
Global Telematics Control Unit Market Set to Grow at 18% CAGR, With 175 Million Shipments During 2018-2022
LG, Continental, Harman, Bosch, and Denso are leading the global Telematics Control Unit (TCU) market, as of 2017. The market is expected to get a…