SEOUL, Nov. 25 (Korea Bizwire) — LG Uplus Corp., a major South Korean mobile carrier, said Thursday it will offer a “non-marriage” grant, similar to the company’s existing “marriage” grant, a first among large companies in the country. According to the company, the non-marriage grant system will take effect from the beginning of next year, [...]
SEOUL, Nov. 4 (Korea Bizwire) — LG Uplus Corp. on Friday reported its third-quarter net profit of 170.8 billion won (US$119.6 million), down 19.1 percent from a year earlier, due to increased interest costs. Operating income for the July-September period was 285.1 billion won, up 3 percent from a year ago, the company said in [...]
SEOUL, Oct. 25 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest wireless carrier, on Tuesday unveiled its new artificial intelligence (AI) services as part of its long-term strategy to transform itself from its traditional telecom identity into a digital platform service provider. Its AI brand, named “ixi,” offers AI-powered services for sports match predictions, [...]
SEOUL, Oct. 19 (Korea Bizwire) — LG Uplus Corp., a major wireless carrier, and Hyundai Elevator Co., South Korea’s No. 1 lift manufacturer, announced on Tuesday that they will distribute safety devices that make use of Internet of Things (IoT) technology to elevator installation workers. After signing a business agreement early this year, the two [...]
SEOUL, Sept. 23 (Korea Bizwire) — LG Electronics Inc. said Thursday that it will expand its service robot business with the LG CLOi ServeBot in collaboration with mobile carrier LG Uplus Corp. The two affiliates of LG Group agreed to cooperate in the expansion of the service robot business, exploration of new business opportunities, exploration [...]
SEOUL, Sept. 15 (Korea Bizwire) — LG Uplus Corp. aims to expand its non-telecom business portfolio to account for up to 40 percent of its total sales by 2027, as South Korea’s third-largest wireless carrier plans to transform itself into a digital platform service provider from its traditional telecom identity, its CEO said Thursday. At [...]
SEOUL, Sept. 8 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest mobile carrier, has unveiled a new home training service called Cocore Gym that enables users to exercise and check biometric information through their TV at home as well as to compete with other users. The new home training service operates through a connection [...]
SEOUL, Aug. 24 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest mobile carrier, said Wednesday it has rebranded its K-pop content platform and has newly enabled official foreign language support for foreign users. The company’s U+ Idol Live platform has been renamed as Idol Plus and its menu and subtitles now officially support English, [...]
SEOUL, July 6 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest mobile carrier, said Wednesday it has reached a tentative deal with Finnish tech giant Nokia Corp. to cooperate in research and development (R&D) projects for next-generation wireless standards. According to LG Uplus, the two signed a memorandum of understanding Tuesday, calling for R&D [...]
SEOUL, June 24 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, said Thursday it had developed a new technology to prevent the hacking of intelligent CCTV systems in collaboration with Internet of Things (IoT) security specialist ICTK Holdings. Intelligent CCTV refers to an artificial intelligence (AI) service that analyzes video images [...]