HL Mando and Lenovo Join Forces for Autonomous Driving Market
TECHWORLD ·
✦ AI Summary
HL Mando announced that it has entered into a partnership with Lenovo aimed at securing an edge in the autonomous driving market.
The collaboration will proceed through three stages: joint development of automotive AI high-performance computing (HPC) in the first stage, contract wins in the second stage, and mass production in the third stage.
HL Mando will handle the contract-winning and mass production stages, while Lenovo will expand its automotive computing business based on its autonomous driving controller design capabilities.
HL Mando announced that it has entered into a partnership with Lenovo aimed at securing an edge in the autonomous driving market. The collaboration will proceed in stages, from joint development to contract wins and mass production. In the first stage, the two companies will jointly develop automotive AI high-performance computing (HPC), followed by efforts to win contracts in the second stage and mass production in the third.
HL Mando will handle the contract-winning and mass production stages. By taking charge of commercialization and production, HL Mando aims to secure a foothold in the global full self-driving market, which is expected to emerge in the future. Strong sales capabilities were cited as the reason for HL Mando's full-scale participation.
Since 2012, HL Mando has built up a global network of finished-vehicle makers and has know-how in local response. It also has extensive mass production experience and produces autonomous driving L2 and L2+ sensing and control components at global bases in China, North America and India, while also possessing system integration capabilities. In addition, it has manufacturing references dating from 2012 to the present and holds about 2,700 patents.
Lee Yun-haeng, president of HL Mando, said the company aims to strengthen its global market competitiveness by combining HL Mando's technology, sales capabilities and production capacity with Lenovo's autonomous driving controller design capabilities. He also said the company would work to launch full self-driving solutions quickly so that customers will be satisfied.
Peter Xu, executive vice president in charge of Lenovo's automotive computing business, said Lenovo is expanding its AI computing business into automotive computing centered on L4 autonomous driving and ADAS. He added that the company aims to speed up its entry into new markets by leveraging HL Mando's manufacturing capabilities and global supply network.
Source: TECHWORLD · Lee Gwang-jae
Original: https://www.epnc.co.kr/news/articleView.html?idxno=406730
References
This article was produced with the help of an automated content generation algorithm.
Source: TECHWORLD
View originalThis article was summarized and organized by BizCrush based on the original article from TECHWORLD. For exact quotations and full details, please refer to the original article.