Naver Labs, Qualcomm to team up on future techNaver Labs and Qualcomm will work together on future technology like robotics and self-driving vehicles, the local IT company said on Tuesday.
The two companies signed an agreement on Monday to combine their knowledge and expertise.
U.S.-based Qualcomm is a well-known manufacturer of semiconductors and telecommunications solutions. Naver Labs is an affiliate of Korea’s largest portal site and is currently working on a wide array of location-based technology solutions like autonomous driving, mapping and navigation using augmented reality.
Naver Labs said it hopes to apply Qualcomm’s latest chips and solutions to its high-tech products. The first products developed by the two companies will be unveiled at next year’s Consumer Electronics Show in Las Vegas in January.
“We plan to offer full technology support for the successful development of Naver Labs’ products and services,” said Jim Cathey, Qualcomm’s president for the Asia Pacific and India regions.
By Song Kyoung-son
More in Industry
From Europe with love
SK Holdings creates hydrogen investment business unit
'Netflix law' to go into effect from Dec. 10
LG Energy Solution launches, aims for ￦30 trillion sales by 2024