Verizon Wireless and LG Electronics announced last week the LG WM300 LTE module and LG L2000 modem chip, both of which are designed for Verizon's 4G LTE network.
The new products are not broadband dongles, but chipsets purpose-built for machine-to-machine solutions such as fixed wireless applications, including gateway devices and telematics.
Similar products running on Sprint's WiMAX 4G network already exist, however this is the first example of M2M-specific chips designed for use on Verizon's faster LTE network.
The LG WM300 LTE module is the result of a three-year collaboration between LG Mobile Phones and Verizon Wireless' LTE Innovation Center. Established in 2008, the LTE Innovation Center provides--according to Verizon--"an environment for diverse companies to work together to develop innovative products that leverage 4G LTE technology."
Pricing, specifications, and a release windows have not yet been announced.
This is the second noteworthy collaboration between LG and Verizon. Last December, LG launched the first LTE USB modem, the LG VL600, for Verizon. Verizon currently offers that model, as well as the Pantech UML290, to customers.