SEOUL, Dec. 26 (Korea Bizwire) – As the 2024 Consumer Electronics Show (CES) — the premier global event in IT and consumer electronics — draws near, the South Korean telecommunications sector is actively preparing to delve into fresh opportunities within the realms of artificial intelligence (AI) and mobility technology. On December 25, SK Telecom announced it [...]
SEOUL, Aug. 8 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Tuesday its second-quarter net profit rose nearly 32 percent from a year earlier, driven by its robust wireless business. Its net income amounted to 213.3 billion won (US$163.3 million) in the April-June period, up 31.7 percent from the year-ago [...]
SEOUL, July 25 (Korea Bizwire) — Samsung Electronics Co.’s upcoming Galaxy Z Flip 5 foldable phone and Z Fold 5 will be equipped with a function to inform users about any defective universal subscriber identity module (USIM). LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Monday it has developed this feature in collaboration [...]
SEOUL, July 3 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Monday that it has inked a deal with Kakao Mobility Corp., a mobility subsidiary of South Korea’s tech giant Kakao Corp., to set up a joint venture in a bid to make inroads into the electric vehicle charging station [...]
SEOUL, June 13 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Monday it will showcase MIRI View, an artificial intelligence (AI)-based passenger safety protection system, in collaboration with major lift manufacturer Hyundai Elevator Co. MIRI View utilizes AI-based CCTV to analyze passengers’ movements and voices, functioning as an intelligent safety [...]
SEOUL, May 11 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Thursday its first-quarter net profit declined 9 percent from a year earlier due to compensation for network failures earlier this year. Its net income reached a net profit of 155.1 billion won (US$117.7 million) for the January-March period on [...]
SEOUL, April 28 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Friday it will compensate more than 4 million customers for a network disruption caused by distributed denial-of-service (DDoS) attacks earlier this year. The company’s network had suffered partial disconnections for a combined five times on Jan. 29 and Feb. [...]
SEOUL, April 27 (Korea Bizwire) — The South Korean government on Thursday demanded LG Uplus Corp., South Korea’s No. 3 mobile carrier, expand its information security workforce and investment to improve its relatively loose network security, which was breached by unknown hackers earlier this year. The personal data of 290,000 of the company’s customers, including [...]
SEOUL, Feb. 16 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, on Thursday apologized for the recent data breaches and network attacks as it promised to invest 100 billion won (US$77.9 million) annually in the coming years to improve its network security capabilities. “I offer a sincere apology to our customers [...]
SEOUL, Feb. 4 (Korea Bizwire) — LG Uplus Corp. said Friday last month’s data breach affected a total of 290,000 users, about 110,000 more than initially suspected. On Jan. 10, the nation’s third-largest wireless carrier disclosed that personal data of 180,000 customers, including their names, birth dates and phone numbers, had been breached. The company [...]