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LG, Luxoft launch joint venture for automotive solutions
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Seoul, March 12 (IANS) LG Electronics on Friday said its joint venture with the Swiss-based software firm Luxoft has been launched as the South Korean company eyes to expand its presence in automotive solutions.
Their joint venture Alluto is headquartered in Santa Clara, California, and will provide solutions for digital cockpit, in-vehicle infotainment, passenger-seat entertainment and ride-hailing systems based on LG’s webOS Auto platform, according to the company.
LG and Luxoft, now owned by U.S. IT service firm DXC Technology Co., signed a deal in January 2020 to establish a joint venture to develop upgraded automotive solutions. The official launch event for Alluto is scheduled online Monday, it added.
Samsung and LG are promoting their latest technologies on home cooking and meal services at the world s largest tech expo, industry officials said on Wednesday, as they highlight connected and personalised experiences amid the pandemic-induced .