HERE is the world's leading provider of map data and location services to the automotive industry

LG Electronics (LG) is partnering with HERE Technologies (HERE), a global provider of digital mapping and location services, to offer a next-generation telematics solution for autonomous vehicles.

The solution combines LG's advanced telematics technology with high-precision map data and location services powered by the HERE Open Location Platform. Through their planned collaboration, the companies aim to support automakers globally with a robust and secure data communications hub for highly automated and fully autonomous cars.

Telematics is an industry that is defined as the integration of telecommunications and informatics to provide vehicle safety and entertainment services such as navigation, location confirmation and emergency dispatch through various communication technologies, from GPS and DMB (Digital Multimedia Broadcasting) networks to Bluetooth, Wi-Fi and mobile communication.

LG is committed to introducing next-generation solutions that offer high-precision map information to meet the needs of the quickly expanding autonomous vehicle industry.

HERE is the world's leading provider of map data and location services to the automotive industry, powering more than 100 million cars on the road today. The company is also working with automakers on the development of HD Live Map, its highly-accurate cloud-based map service which supports connected ADAS (Advanced Driver Assistance Systems) and automated driving solutions.

HD Live Map, which LG intends to deploy in the joint solution it offers automakers, identifies all roads and surrounding features such as lane markings, stop signs, crosswalks, speed signs and traffic lights. The importance of the company's intellectual property and potential was highlighted in 2015 when a consortium of global automotive companies - Audi, BMW and Daimler - acquired HERE. The company has since also welcomed additional investors from the broader technology industry.