TAGS
5G Network, ADAS, V2V, V2X, JCAS
ABOUT MAGNA
Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team of over 181,000 employees across 344 manufacturing operations and 104 product development, engineering and sales centres spanning 29 countries. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.
For further information about Magna (NYSE:MGA; TSX:MG), please visit www.magna.com or follow us on social.
ABOUT NORTHSTAR
NorthStar is a 5G innovation program run by Telia and Ericsson that focuses on helping industrial companies reinvent better connected business by accelerating the adoption of 5G, a standard developed specifically for demanding applications such as vehicles, machinery or critical infrastructure that require robust and secure mobile connectivity. The program, launched in February, targets customer innovation and R&D units in selected industries, initially focusing on the automotive industry and the development of smart and sustainable transport solutions.
At the center of the program is a new purpose-built 5G innovation network. The network connects a new 5G core, the brains of a mobile network, to Telia’s existing public 5G network, which is currently being rolled out across Sweden.
Partners can also build dedicated network infrastructure – for example at test sites and R&D facilities, like Magna’s test track in Vårgårda, and connect it to the innovation network. The ability to leverage both the public network and dedicated networks allows customers to access the innovation hub regardless of where they are located.
One area the program will explore, with funding from the EU, is the development of 5G transport corridors along key routes in Sweden, ensuring that vehicles such as autonomous trucks benefit from secure connectivity when switching between private and public 5G networks as they travel along highways, cross borders, and enter or exit confined areas.
Related Links:
5G Core (SGC) network: Get to the core of 5G - Ericsson
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INVESTOR CONTACT
Louis Tonelli, Vice-President, Investor Relations
louis.tonelli@magna.com, 905-726-7035
MEDIA CONTACTS
Tracy Fuerst, Vice-President, Corporate Communications & PR
tracy.fuerst@magna.com, 248-761-7004
Source: Magna International Inc.