SEOUL, Sept. 16 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, said Thursday it aims to increase sales from its smart factory solutions business by sevenfold within five years as part of its broader push to boost its enterprise-focused services. The telecom operator has recently been developing industrial solutions that use [...]
SEOUL, Aug. 25 (Korea Bizwire) — LG Uplus Corp., a major South Korean mobile carrier, on Wednesday released the CLOVA Clock+2 artificial intelligence (AI) speaker in collaboration with tech giant Naver Corp. The newly-released AI speaker, based on Naver’s AI platform Clova, is an upgraded version of the CLOVA Clock+ that was released last year, [...]
SEOUL, Aug. 10 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, said Tuesday it will offer Spotify to its mobile users for up to six months in a move expected to expand the music streaming service’s presence in the country. The telecom operator said subscribers to its 4G LTE and 5G [...]
SEOUL, Aug. 6 (Korea Bizwire) — LG Uplus Corp., a major South Korean mobile carrier, said Friday its second-quarter net profit grew 40 percent thanks to the continued growth of 5G mobile subscriptions and its business infrastructure division. Net profit in the April-June period stood at 210.5 billion won (US$184.2 million) on a consolidated basis, [...]
SEOUL, July 15 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, said Thursday it has signed a memorandum of understanding with Japan’s largest mobile carrier KDDI to find new business applications for 5G network technology and strengthen cooperation to prepare for future 6G networks. Under the agreement, the two aim to [...]
SEOUL, July 14 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, said Tuesday that it will introduce the ‘U Our Store Package’ for restaurants. Along with a restaurant franchise The Born Korea, the mobile carrier created the IT package based on the requirements of running a food business. The smart CCTV [...]
SEOUL, July 1 (Korea Bizwire) — LG Uplus Corp., one of three mobile carriers in South Korea, is aiming to boost its profile by expanding media and business-focused services beyond its established focus in telecommunications, its chief has said. Hwang Hyeon-sik, CEO of LG Uplus, said in a press conference Wednesday that he aims to [...]
SEOUL, June 15 (Korea Bizwire) — LG Uplus Corp., a major South Korean mobile carrier, said Tuesday it has joined hands with IT affiliate LG CNS Co. to develop call center services that use artificial intelligence (AI) technology. The service incorporates AI technology, such as speech recognition and synthesis as well as natural language processing, [...]
SEOUL, May 12 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest mobile carrier, said Wednesday its first-quarter net profit rose 35 percent from a year earlier on the back of growth in 5G network subscriptions. Net income for the January-March period stood at 200.9 billion won (US$178.9 million), compared with 148.8 billion won the [...]
SEOUL, May 11 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, said Tuesday it will invest more than 300 billion won (US$267.9 million) to build a new internet data center amid growing user demand. The company said in a regulatory filing that it will invest 318.1 billion won for a new [...]