SEOUL, LG Electronics Inc. said Wednesday it is joining hands with Kakao Mobility Corp., the country’s leading taxi-hailing firm, to develop mobility-related technologies and services, as the tech giant has been aggressively pushing to expand its business with the next growth engine.
The two tech firms recently signed a memorandum of understanding to work together to develop innovative technologies and nurture an ecosystem of the future mobility industry, LG said.
The two sides will cooperate on providing better user experiences in the mobility industry, delivery services by autonomous vehicles and smartphone solutions for pedestrian safety, among other things.
LG expected its expertise in infotainment systems, robotics, wireless communications to create great synergy with Kakao Mobility, which is competent in running mobile platforms and analyzing user data.
Source: Yonhap News Agency