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 [...]
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 [...]
SEOUL, Sept. 26 (Korea Bizwire) — LG Uplus Corp., a major South Korean mobile carrier, said Sunday it will offer Disney+ through its internet protocol television (IPTV) platform as the flagship streaming service from U.S. media giant Walt Disney Co. is set to launch in the country in November. The carrier said it has signed [...]
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 [...]