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Stock impact report

Magna Enhances ADAS Capabilities by Joining 5G Innovation Program

Magna International, Inc. (MGA) 
Last magna international, inc. earnings: 2/21 05:00 am Check Earnings Report
US:NYSE Investor Relations: magna.com/investors
Company Research Source: GlobeNewswire
NorthStar partnership with Telia and Ericsson to help support Magna’s V2V and V2X developmentsPrivate 5G network testing environment established at Magna’s test track in SwedenMagna 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 Vårgårda, 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. As part of NorthStar, Magna will have access to 5G millimeter wave (mmWave) technology, enabling low latency gigabit speeds and seamless connectivity for new ADAS trials. Additi Show less Read more
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