will supply telematics systems that support wireless Internet in cars to Japan’s Toyota Motor, according to news reports on July 22.
The company’s vehicle component business division has recently signed a deal with the Japanese auto giant to produce telematics systems to be equipped in Toyota vehicles sold in Japan and North America.
LG is No. 1 player in the global telematics market with some 30 percent market share.
The company will supply 11 key parts for General Motors’ first full-electric Chevrolet Bolt that debuts in October.