
To achieve this goal, the two technology giants will concentrate on developing 5th generation mobile technology (5G) and Cellular Vehicle-to-Everything (C-V2X) for vehicles.
5G network data transfer rate 5 times higher than LTE, with a latency that is 10 times lower so ideal for use for self-steering cars.
"LG plans to lead the market of future car components by combining our experience in automotive communications technology and advanced solutions for the LTE connection to 5G from Qualcomm," said Executive Vice President of Vehicle Components Smart Business Unit of LG, Kim Jin-yong, in a press release.
LG and Qualcomm will also be researching other wireless technologies needed for the security aspects of the car connected to the internet.