{"id":72757,"date":"2017-10-17T00:00:00","date_gmt":"2017-10-17T00:00:00","guid":{"rendered":"https:\/\/mybusinessfuture.com\/why-companies-like-lg-are-the-future-of-automotive\/"},"modified":"2020-11-25T08:47:41","modified_gmt":"2020-11-25T08:47:41","slug":"why-it-companies-like-lg-become-interesting-for-the-automotive-industry","status":"publish","type":"post","link":"https:\/\/mybusinessfuture.com\/en\/why-it-companies-like-lg-become-interesting-for-the-automotive-industry\/","title":{"rendered":"Why companies like LG are the future of automotive"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; text_align=&#8221;left&#8221; background_animation=&#8221;none&#8221;][vc_column css=&#8221;.vc_custom_1458119880711{padding-right: 30px !important;}&#8221;][vc_row_inner row_type=&#8221;row&#8221; type=&#8221;full_width&#8221; use_row_as_full_screen_section_slide=&#8221;no&#8221; text_align=&#8221;left&#8221; css_animation=&#8221;&#8221;][vc_column_inner][vc_column_text]<strong>LG and other IT \/ electronics companies such as Osram and Qualcomm are becoming more and more important for the automotive industry due to digitalization. In order to be always up-to-date on the market of the future and to be able to compete successfully, automotive manufacturers already rely on state-of-the-art components for automotive engineering. Therefore, LG Electronics was exhibiting at the International Automobile Exhibition (IAA) in Frankfurt.<\/strong>[\/vc_column_text][vc_empty_space height=&#8221;30&#8243;][vc_column_text]For the first time, the electronics giant LG was exhibiting at the IAA and, in addition to the topic of OLED, LG is also presenting solutions for vehicle networking of autonomous concept vehicles. These include, for example, the company&#8217;s first OLED taillights, which are used in vehicles of a major European automobile manufacturer. The premiere at the IAA in Frankfurt followed the debut of the company at the biggest automotive trade fairs in Asia (Beijing and Shanghai) and North America (Detroit) after the launch of LG Vehicle Components in 2013.[\/vc_column_text][vc_empty_space height=&#8221;25&#8243;][vc_column_text]<\/p>\n<h3><span style=\"font-size: 16pt;\">The next generation of OLED technology<\/span><\/h3>\n<p>[\/vc_column_text][vc_empty_space height=&#8221;20&#8243;][vc_column_text]The developed OLED taillight uses the company&#8217;s global market leadership in OLED. As the world&#8217;s leading provider of OLED televisions, LG has extensive experience in integrating advanced OLED technologies into products such as smartphones, smartwatches and instrument panels. Its latest OLED rear light is more compact than conventional lighting modules, since it is 85 to 90 percent smaller than traditional rear lights without backlighting. It produces less heat, which improves durability and longevity. In addition to the new OLED rear light, LG will also be presenting other innovative products such as AV navigation systems, infotainment systems and comfort enhancers such as ADAS cameras, LCD instrument panels and electric compressors.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner row_type=&#8221;row&#8221; type=&#8221;full_width&#8221; use_row_as_full_screen_section_slide=&#8221;no&#8221; text_align=&#8221;left&#8221; padding_bottom=&#8221;30&#8243; css_animation=&#8221;&#8221;][vc_column_inner][vc_empty_space height=&#8221;20&#8243;][vc_column_text]LG Vehicle Components is LG&#8217;s fastest growing business and will play an important role in the future growth of the company. This growth is largely supported by the collaboration with General Motors at Chevrolet Bolt EV, for which LG provides a total of eleven components and systems, including electric drive motors, power converter modules, battery cells and high-performance distribution modules. For his contribution to the success of the Chevy Bolt, LG was awarded this year with the GM Innovation Award of the Year. This award follows other honors for the company such as the Renault Supplier Award and the Technology and Innovation Award from Volkswagen.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner row_type=&#8221;row&#8221; type=&#8221;full_width&#8221; use_row_as_full_screen_section_slide=&#8221;no&#8221; text_align=&#8221;left&#8221; padding_bottom=&#8221;30&#8243; css_animation=&#8221;&#8221;][vc_column_inner][vc_empty_space height=&#8221;20&#8243;][vc_column_text]&#8221;We are planning to expand our presence and expertise in the fast-growing electric vehicle market by working together very closely with industry leaders in Europe, North America and Asia,&#8221; said LG Vice President. &#8220;LG Vehicle Components has been an important partner to the automotive supply industry for decades, and we want to demonstrate how LG can work with automotive manufacturers to develop tailor-made solutions that drive technological innovation.&#8221;<\/p>\n<div class=\"wpb_text_column wpb_content_element \"><\/div>\n<p>[\/vc_column_text][vc_empty_space height=&#8221;40&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner row_type=&#8221;row&#8221; type=&#8221;grid&#8221; use_row_as_full_screen_section_slide=&#8221;no&#8221; text_align=&#8221;left&#8221; css_animation=&#8221;&#8221;][vc_column_inner][vc_column_text]<\/p>\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<p><em>This article is partially based on a press release by\u00a0<\/em><em>LG Electronics Deutschland GmbH, September 2017<\/em><\/p>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][vc_empty_space height=&#8221;40&#8243;][vc_column_text]<\/p>\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<p style=\"text-align: right;\"><em>Source of title image: LG\u00a0\u00a0<\/em><\/p>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][vc_empty_space height=&#8221;10&#8243;][vc_separator color=&#8221;#1b2645&#8243; type=&#8221;normal&#8221; border_style=&#8221;solid&#8221; up=&#8221;15&#8243; down=&#8221;15&#8243;][vc_empty_space height=&#8221;10&#8243;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; text_align=&#8221;left&#8221; background_animation=&#8221;none&#8221;][vc_column][vc_column_text]<\/p>\n<p>[plista]<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>In order to be always up-to-date in the market of the automotive industry, LG was exhibiting at the IAA and was presenting its first OLED taillight.<\/p>\n","protected":false},"author":23,"featured_media":69715,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"automotive industry","_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"In order to be always up-to-date in the market of the automotive industry, LG was exhibiting at the IAA and was presenting its first OLED taillight.","_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","_yoast_wpseo_meta-robots-adv":"","_yoast_wpseo_canonical":"","_yoast_wpseo_opengraph-title":"","_yoast_wpseo_opengraph-description":"","_yoast_wpseo_opengraph-image":"","_yoast_wpseo_opengraph-image-id":0,"_yoast_wpseo_twitter-title":"","_yoast_wpseo_twitter-description":"","_yoast_wpseo_twitter-image":"","_yoast_wpseo_twitter-image-id":0,"featured_post_sortierung":0,"featured_post":0,"pre_headline":"","bildquelle":"","teasertext":"","language":"de","_evm_translation_lang":"","_wp_old_slug":["why-companies-like-lg-are-the-future-of-automotive"],"footnotes":""},"categories":[1150],"tags":[],"class_list":["post-72757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-engineering-industry","entry"],"evm_reading_time_minutes":3,"wpml_language":"en","wpml_translation_of":null,"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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