Cache Valley Information

Cache Valley's Information Source

NAVER and LG Electronics Agree on Joint R&D for Robotics to Apply NAVER LABS’ Location & Mobility Platform “xDM” to LG’s Guide Robot

Integration of xDM With LG’s Guide Robot Represents Blueprint for
Wider Cooperation Between NAVER and LG

LAS VEGAS–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/CES?src=hash” target=”_blank”gt;#CESlt;/agt;–CES 2019 – NAVER
today announced an agreement with LG Electronics (LG) to cooperate on
R&D to apply NAVER
LABS’
integrated location and mobility platform “xDM” (eXtended
Definition & Dimension Map) to LG’s Guide Robot. The partnership between
NAVER LABS — which is developing numerous future technologies, including
indoor autonomous
mapping robot
M1 and Hybrid HD Map — and LG Electronics was
initiated during CES 2019. [Media Note: NAVER invites you to visit
its booth to experience tech innovation at Tech East, LVCC, Central
Plaza – CP 14. See also:
https://www.naverlabs.com/en/].

xDM was first revealed at DEVIEW 2018, the largest developer conference
in Korea. It combines the NAVER LABS portfolio of robot and AI-based
technologies such as high definition (HD) mapping, localization and
navigation with high-precision spatial data. Key features are
self-updating 3D/HD mapping, precise indoor and outdoor positioning and
context-aware location information based on real-time spatial data. It
supports the development of future location-based services such as
augmented reality (AR) walking navigation and autonomous mobility
services that include autonomous vehicles, service robots and advanced
driver-assistance systems (ADAS).

The partnership aims at creating synergy by merging the xDM platform
with LG’s Guide Robot in part because xDM can realize precise indoor
autonomous driving using low-cost sensors and low processing power,
allowing LG Electronics to enhance the operation quality of its robot.
At the same time, NAVER LABS can further enhance xDM capabilities with
data collected by LG’s Guide Robot.

“NAVER LABS’ xDM platform is marked by the potential to be widely used
for various future technologies such as autonomous driving and
robotics,” said Senior Vice President Jinseo Roh, head of LG
Electronics’ Robot Business Center. “With NAVER LABS, LG will not only
continue to enrich the consumer experience, but will also contribute to
the development of robotics. LG Electronics and NAVER LABS are
discussing a larger partnership opportunity going forward.”

“Reaching a synergistic agreement with LG Electronics on joint R&D at
CES is one of the greatest accomplishments of NAVER LABS,” said Sangok
Seok, the head of Autonomous Machine Group at NAVER LABS. “LG
Electronics is launching various robots to generate innovation of daily
life and, together with LG Electronics, NAVER LABS will continue to
realize NAVER LABS’ vision to develop ambient intelligence technologies.”

About NAVER Corporation

NAVER Corporation is the largest internet company in South Korea with a
73 percent market share. Since its founding in 1999, NAVER has pursued a
mission of connecting people and information that enriches lives. NAVER
provides a range of information and communications services, including
LINE, SNOW, BAND and PAPAGO, throughout Asia and is now developing
advanced applications through its NAVER LABS subsidiary. NAVER is
shaping an interconnected world where people meet one another, networks
encounter networks and where today intertwines with tomorrow. In 2018,
NAVER was ranked as the world’s ninth most innovative company by Forbes
and was listed sixth on Fortune’s Future 50 company list.

About NAVER LABS

NAVER LABS Corp. is NAVER’s R&D subsidiary, developing future
technologies in areas such as autonomous driving, robotics and
artificial intelligence with the goal of achieving Ambient Intelligence.
It first began as an R&D division within NAVER Corporation in 2013, and
was officially established in Pangyo, South Korea in January 2017. The
company expanded into Europe in 2017 with the acquisition of the Xerox
Research Centre Europe in Grenoble, France.

Contacts

Kevin Gallagher
The Hoffman Agency
kgallagher@hoffman.com
+1
510-599-0416