SEOUL, Feb. 14 (Korea Bizwire) — South Korea’s No. 3 mobile carrier LG Uplus Corp. said Thursday that it has struck a deal to buy a majority stake in leading cable TV operator CJ Hello to bolster its presence in the media and content market. The board of directors of LG Uplus approved the purchase [...]
SEOUL, Feb. 11 (Korea Bizwire) — LG Uplus Corp., currently the fourth-largest pay TV provider in South Korea, has decided to take over CJ Hello, the country’s No. 3 player in the pay TV market. The merger with CJ Hello, which is owned by CJ E&M, a unit of food and entertainment conglomerate CJ Group, [...]
SEOUL, Jan. 22 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Tuesday it will complete building its 5G infrastructure in major cities by the end of 2019 to get ahead in the next-generation wireless network market. Following the launch of the world’s first 5G network with SK Telecom Co. and [...]
SEOUL, Oct. 30 (Korea Bizwire) — Chinese smartphone producer Huawei Technologies Co. said that it would cooperate with telecommunications giant LG Uplus Corp. by offering the source code for its 5G transmitters if requested. Shawn Meng, the head of Huawei Korea, said that he would be willing to submit the layout and source code when [...]
SEOUL, Oct. 23 (Korea Bizwire) — A decision on LG Uplus Corp.’s plans to import 5G network equipment from Huawei Technologies Co. into the South Korean market is expected this week, as LG Uplus plans to address a parliamentary audit committee on Friday. Sources say that Ha Hyun-hwoi, Vice Chairman and CEO of LG Uplus, [...]
SEOUL, Sept. 18 (Korea Bizwire) — With 5G telecommunications technology to be implemented starting next year, telecom operators are looking far and wide for “killer” content to be featured on their platforms in a bid to entice consumers to make the switch to 5G service. The most viable content options thus far are gaming and [...]
SEOUL, Sept. 11 (Korea Bizwire) — Paris Croissant Co., the operator of South Korea’s leading bakery chain, Paris Baguette, said Tuesday that it launched a test operation of robots at its outlets as local retailers accelerate their push for automation. According to the company, seven Paris Baguette outlets in Seoul began the two-month trial run [...]
SEOUL, Jun. 21 (Korea Bizwire) — LG Uplus Corp. said Thursday it will release a new fan equipped with the Internet-of-Things (IoT) technology under cooperation with Shinil Industrial Co., a local appliance manufacturer. LG Uplus said the new IoT fan will connect to its “IoT@home” application, allowing users to easily activate and control the product. [...]
SEOUL, April 13 (Korea Bizwire) — While South Korea’s three big mobile carriers SK Telecom, KT and LG Uplus have trimmed weekly hours and are introducing various working arrangements for greater work-life balance, those on the front lines of the mobile industry are still struggling to do likewise. Double digit working hours are the norm, [...]
SEOUL, March 27 (Korea Bizwire) — The arrival of baseball season has South Korean mobile carriers SK Telecom, KT and LG Uplus gearing up their marketing efforts employing cutting edge technology such as IoT, fifth-generation wireless networks (5G) and augmented reality to win the hearts of fans. With cumulative attendance figures of over 8 million [...]