Market Chatter: LG Energy Solution, Qualcomm Team Up for Commercialization of SoC-Based BMS Diagnostic Solutions

MT Newswires Live12-24 18:24

Battery maker LG Energy Solution (KRX:373220) and Qualcomm Technologies will partner to advance the commercialization of system-on-chip-based battery management system (SoC-based BMS) diagnostic solutions, Yonhap News reported Monday.

LG Energy Solution agreed to integrate its new advanced BMS software in Qualcomm's Snapdragon digital chassis and car-to-cloud connected services platform, the report said.

Earlier this year, the two companies launched a technical consortium that looked to progress a next-generation BMS diagnostic solution for electric vehicles, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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