[Concall] LG Electronics "Advancing Autonomous Driving Parts Business with European Automakers"

[Image source=Yonhap News]

[Asia Economy Reporter Lee Hyeyoung] LG Electronics stated during the earnings conference call held on the 27th that "We are conducting autonomous driving-related parts business targeting major European automakers and Korean companies," adding, "There have recently been achievements in follow-up projects with European companies."

They continued, "The industry outlook is that short-term commercialization of autonomous driving will be difficult due to the need to secure technological reliability, social consensus, and regulatory issues," and said, "We are striving to meet customer demands in Europe and the U.S. markets in response to the expansion of mandatory autonomous driving solution regulations."

This content was produced with the assistance of AI translation services.