LG established a research and development subsidiary in Vietnam
The Vietnamese R&D center of LG Electronics (LG) has officially become a research and development subsidiary: the purpose of the decision is to strengthen LG’s fast-growing electric vehicle business.
The task of the Vietnam-based research and development subsidiary will be the development and control of software for on-board infotainment (IVI) systems, which are one of the main focal points of LG’s mobility business. IVI systems are considered a key technology for future mobility: in addition to telematics and audio, video and navigation (AVN) solutions, they provide numerous information and entertainment functions related to driving.
According to the market research company Strategic Analytics, since the third quarter of 2022, LG has led the global market for IVI systems with a weight of 23 percent, and in addition, the company has now recorded a double-digit share in the IVI market for two consecutive years.
Related news
LG has led the global OLED TV market for 12 years
LG maintained its leading position in the global OLED TV…
Read more >LG’s latest heating and cooling solutions debut at ISH 2025
LG Electronics’ latest smart heating and cooling systems debuted at…
Read more >The oven suggests a recipe and the extractor hood rises from the kitchen counter – this could be the household of the future
One of the world’s largest kitchen and bath exhibitions, the…
Read more >Related news
Viktor Orbán spoke about the extension of the margin freeze
A decision on extending the margin freeze to household and…
Read more >From June, it will be illegal to sell energy drinks to those under 18 – this is how home delivery will be controlled
Hungary’s Parliament has unanimously passed a bill that bans the…
Read more >Serious negotiations are underway to end the tariff war
Only with sincere intentions can we negotiate – this is…
Read more >