KT, Hyundai Mobis join to develop connected-car tech
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KT said Thursday that it will collaborate with Hyundai Mobis to develop self-driving and connected-car technology. The two companies agreed to work on real-time navigation technology and vehicle-to-everything technology, which will allow cars to communicate with connected devices. To enable development, the telecommunications company said it will install 5G infrastructure at the Hyundai Mobis test-drive course in Seosan, South Chungcheong.
The fast 5G network will allow sensors on a Hyundai Mobis self-driving car to send significant amounts of data to servers immediately to allow for accurate real-time traffic navigation. The process takes minutes in existing 4G networks.
The cooperation comes as the two prepare for the fast-growing connected car market. Industry researcher IHS Markit predicted connected-car sales to reach 72.5 million units by 2023 from 24 million units in 2015.
Questions & Answers
Q.What specific technologies will KT and Hyundai Mobis be working on together?
What specific technologies will KT and Hyundai Mobis be working on together?
The collaboration will focus on real-time navigation technology and vehicle-to-everything technology. This will enable cars to communicate with various connected devices and improve navigation accuracy.
Q.How will KT support the development of this connected-car technology?
How will KT support the development of this connected-car technology?
KT will install 5G infrastructure at the Hyundai Mobis test-drive course in Seosan. This fast 5G network is crucial for transmitting large amounts of data quickly for real-time navigation.
Q.What is the expected growth for the connected car market that these companies are preparing for?
What is the expected growth for the connected car market that these companies are preparing for?
Industry researcher IHS Markit predicts connected-car sales will increase significantly. They are forecast to reach 72.5 million units by 2023, up from 24 million units sold in 2015.