LG-BS

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…

Counterpoint Research US Connected Car Market

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…

Counterpoint Research Will Foxconn Shake EV Industry?

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

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…

Trends in CES 2021 Counterpoint

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

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…

Couterpoint: Global connected car market automaker market share

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.…

counterpoint podcast connected cars aman

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…

Large number of cars moving through the traffic

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…