Seoul: Top executives at South Korea's LG Group, including Cho Joo-wan of LG Electronics Inc., are set to meet with Mercedes-Benz Group AG Chairman Ola Kallenius later this week to discuss cooperation areas of automotive electronics, industry sources said Wednesday. Kallenius plans to meet Thursday with chief executive officers (CEOs) of LG Group affiliates, including Cho, Kim Dong-myung of LG Energy Solution Ltd., and Jeong Cheol-dong of LG Display Co., at the group's headquarters in Seoul.

According to Yonhap News Agency, at the meeting, the executives will likely discuss collaboration in the software-defined vehicle (SDV) sector, including the supply of core automotive electronics components, such as batteries, displays, and sensors. The meeting comes after Kallenius met LG executives in Germany in March during a technology forum hosted by the German automaker.

Last month, LG Energy Solution announced two supply deals worth an estimated 15 trillion won (US$10.2 billion) to provide batteries to the German company and its affiliate. Kallenius is scheduled to visit South Korea to attend the Mercedes-Benz Future Strategy Conference in Incheon, just west of Seoul, on Friday.

During his Seoul stay, he is also expected to meet with Samsung Electronics Co. Chairman Lee Jae-yong, along with heads of Samsung Display Co. and Samsung SDI Co. Samsung and Mercedes-Benz are reportedly seeking to expand their existing partnership-which currently focuses on vehicle infotainment systems and digital key technologies-to include automotive chips, electric vehicle batteries, and displays.