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 [...]
SEOUL, Sept. 8 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest mobile carrier, has unveiled a new home training service called Cocore Gym that enables users to exercise and check biometric information through their TV at home as well as to compete with other users. The new home training service operates through a connection [...]
SEOUL, Aug. 24 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest mobile carrier, said Wednesday it has rebranded its K-pop content platform and has newly enabled official foreign language support for foreign users. The company’s U+ Idol Live platform has been renamed as Idol Plus and its menu and subtitles now officially support English, [...]
SEOUL, July 6 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest mobile carrier, said Wednesday it has reached a tentative deal with Finnish tech giant Nokia Corp. to cooperate in research and development (R&D) projects for next-generation wireless standards. According to LG Uplus, the two signed a memorandum of understanding Tuesday, calling for R&D [...]
SEOUL, June 24 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, said Thursday it had developed a new technology to prevent the hacking of intelligent CCTV systems in collaboration with Internet of Things (IoT) security specialist ICTK Holdings. Intelligent CCTV refers to an artificial intelligence (AI) service that analyzes video images [...]
SEOUL, June 7 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest mobile carrier, said Tuesday it plans to release a limited Samsung Galaxy S22 smartphone model themed on the newly released “Diablo Immortal” mobile game by Blizzard Entertainment Inc. LG Uplus said it plans to exclusively sell 100 units of the Galaxy S22 Diablo [...]
SEOUL, May 18 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, on Tuesday unveiled the Uplus Metaverse platform which includes Uplus Virtual Office for office workers and Uplus Kids Zoo for children. Uplus Virtual Office offers a virtual experience of commuting to work, engaging in small talk, meetings, video conferences and [...]
SEOUL, May 13 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest mobile carrier, said its first-quarter net profit slumped 15.2 percent from a year earlier due to decreased profits related to handset sales. LG Uplus logged a net profit of 170.4 billion won (US$132.2 million) on a consolidated basis in the three months ending [...]
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 [...]
SEOUL, Nov. 5 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest mobile carrier, said Friday its third-quarter net profit fell 47.7 percent from a year earlier due mainly to the sale of its business unit. Net profit for the three months that ended in September fell to 211 billion won (US$177.1 million) from a [...]