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Bullboard - Stock Discussion Forum Magna International Inc T.MG

Alternate Symbol(s):  MGA

Magna International Inc. is a Canada-based mobility technology company. The Company is a global automotive supplier that has complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting and roof systems. It also has electronic... see more

TSX:MG - Post Discussion

Magna International Inc > Magna Enhances ADAS Capabilities
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Post by Betteryear2 on Dec 04, 2023 10:42am

Magna Enhances ADAS Capabilities

  • NorthStar partnership with Telia and Ericsson to help support Magna’s V2V and V2X developments
  • Private 5G network testing environment established at Magna’s test track in Sweden
  • Magna to have access to 5G mmWave technology, enabling low latency gigabit speeds

AURORA, Ontario, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Magna, a leading global mobility technology company, is enhancing its automated driving capabilities by joining NorthStar – Telia Sweden and Ericsson’s 5G innovation program for industrial enterprises. As part of the agreement, Telia and Ericsson have built a dedicated, private 5G network at Magna’s test track located in Vrgrda, Sweden, where new cutting-edge Advanced Driver Assistance System (ADAS) solutions in vehicle-to-vehicle (V2V) and vehicle-to-everything (V2X) connectivity are being trialed.

Magna Enhances ADAS Capabilities by Joining 5G Innovation (globenewswire.com)

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