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LG Elec, Honeywell team up for connected car security solutions

Collected: 2018.01.31

Distributed: 2018.02.01

Source: Go Direct

[Source: LG Electronics Inc.]

South Korea’s LG Electronics Inc. has partnered with U.S. industrial conglomerate Honeywell International Inc. to develop security solutions for next-generation connected vehicles.

The Korean tech giant said on Wednesday the two companies will work on four security solutions essential to driverless cars with an aim to launch them by the end of this year.

The solutions include an anti-hacking system that detects and blocks intrusions both in and out of the vehicle, component-specific security technologies, and a cloud computing system that monitors and responds to security risks in real time.

LG Electronics said the partnership will integrate its expertise in intrusion detection and prevention systems with Honeywell’s 30 years of experience in aviation security to deliver new solutions that would help make self-driving cars more secure.

The traditionally white-goods name has been stretching its footprint in connected and autonomous vehicles.

In December the Korean company joined hands with HERE Technologies, a global mapping data and location services provider, to develop connected car solutions. It also set up a joint research lab with U.S. chipmaker Qualcomm Inc. to focus on developing telecom solutions for autonomous driving.

As of 2:05 p.m., shares of LG Electronics were up 1.49 percent at 102,500 won ($95.76).

By Lee Jae-cheol and Kim Hyo-jin

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