[THE INVESTOR] LG Electronics said on June 29 it will supply its advanced driver-assistance system cameras to a premium German carmaker.

Through the deal, the Korean company will supply camera modules and software to its German counterpart. LG did not reveal the name of the partner, citing business confidentiality.

LG said the camera will help users drive safely by detecting various objects surrounding cars and maintaining optimal distance with other automobiles.

Cameras used in cars will play a key role in the growth of self-driving vehicles.

The company said its latest ADAS camera has top-notch features, backed by its know-how from its smartphone and home appliances businesses.

By Alex Lee and newswires (alexlee@heraldcorp.com)