Korean technology company LG Electronics will reportedly begin offering auto displays for use in new Honda and Porsche vehicles, according to reports published by Reuterss.
The report indicates LG has entered mass production of new auto displays, which will be rolled out to Honda and Porsche starting in Q1 and Q2 of 2016. The company is currently working with General Motors, BMW, and Mercedes-Benz, trying to pick up new partners interested in its in-vehicle displays.
LG is facing mounting pressure in its television and smartphone businesses, and hopes to increase revenue by providing new displays. Its auto business accounted for just 3.2 percent of the company's overall sales in the April-June quarter - but additional agreements with auto makers could help drive interest moving forward.