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 [...]
SEOUL, Feb. 3 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Friday its 2022 net profit fell from a year earlier due to increased financial costs. Its net income reached 662.6 billion won (US$540.8 million) for 2022, down 8.5 percent from a year ago, the company said in a regulatory [...]
SEOUL, Jan. 11 (Korea Bizwire) – LG Uplus Corp., South Korea’s third-largest wireless carrier, said Tuesday the personal information of 180,000 customers has been leaked. “We have acknowledged that personal data of some customers have been leaked,” LG Uplus said in a message posted on its website. “We apologize for causing concern to our customers.” [...]
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 [...]