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LG Uplus Turns to Black in Q4 on 5G User Growth, Logs Record Annual Operating Profit

LG Uplus Turns to Black in Q4 on 5G User Growth, Logs Record Annual Operating Profit

SEOUL, Jan. 28 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest mobile carrier, said Friday it shifted to black in the fourth quarter from a year earlier on the back of growth in media service and 5G network subscriptions. Net income for the October-December period stood at 101.8 billion won (US$84.5 million), marking a [...]

LG Uplus Commercializes World’s First PUF-based USIM

LG Uplus Commercializes World’s First PUF-based USIM

SEOUL, Oct. 12 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, has announced the world’s first commercialization of a Physical Unclonable Function (PUF)-based Universal Subscriber Identity Module (USIM) in collaboration with security solutions company ICTK Holdings. PUF is a technology that prevents counterfeits or modifications using the difference in microstructure of [...]

LG Uplus Seeks to Boost Smart Factory Biz

LG Uplus Seeks to Boost Smart Factory Biz

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 [...]

LG Uplus Teams Up with Japan’s KDDI to Develop 5G, 6G Tech

LG Uplus Teams Up with Japan’s KDDI to Develop 5G, 6G Tech

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 [...]