LG Uplus has a reasonably stable balance sheet with net debt of KRW 5.7 trillion as of the end of 2023 and a net debt/EBITDA ratio of 1.6, which is within the typical telecom company range of 1-2.

SEOUL, South Korea, Nov. 13, 2024 /PRNewswire-PRWeb/ -- Telco Alternative Credit Evaluation (TelcoCB), in collaboration with South Korea's major telecommunications providers (SK Telecom, KT, LG U+) ...

LG Uplus on Thursday launched its self-developed artificial intelligence (AI) service, ixi-O, joining an intensifying competition for AI services among Korean telecom companies.

PLUS: LG struts catwalk in stretchy screen; Samsung’s strike nears end; Vietnam warns Chinese e-commerce players; and more ...

LG Uplus is set to spend billions of dollars on becoming an AI-focused company, just like its South Korean telco peersThe ...

LG Uplus CEO Hwang Hyeon-sik said Thursday the company would invest up to 3 trillion won ($2.15 billion) in the telecom carrier's artificial intelligence business over the next four years. The ...

LG Display introduced the first stretchable display that can expand by 50 percent, marking the highest elongation rate in the industry. Stretchable Display from LG The 12-inch prototype screen ...

Yoo Sang-im, Minister of Science and ICT, met with representatives of the three telecommunications companies and said they ...

LG CNS is set to launch a software solution for virtual power plant (VPP) businesses, to seize opportunities in the rapidly ...

LG Uplus Corp (XKRX:032640) reported a 1.6% growth in service revenue on a consolidated basis and 2.1% on a standalone basis year-over-year. The company launched Ixi Gen, a generative AI specialized ...