LG Electronics announced that it is teaming up with Qualcomm to jointly develop a range of next-generation connected car solutions. The two companies will also establish a joint research center in South Korea to develop 5G for vehicles and C-V2X technologies essential to the success of next-generation autonomous vehicles.

With connection speeds of up to 5 times faster with 10 times lower latency than the fastest LTE technology, 5G will be able to deliver data at the speeds necessary in a real life driving situation. The collaboration will be based out of LG Electronics' Science Park in Seoul. The two companies will begin working together effective immediately.