| Mobile Web

Search results for B2B AX

Telecommunications & Media

KT Q1 operating profit falls 29.9 percent on cost burden, seeks rebound with AX

KT posted first-quarter consolidated revenue of 6.78 trillion won and operating profit of 482.7 billion won, down 1.0 percent and 29.9 percent from a year earlier. It cited base effects from a one-off gain last year and higher costs, including a customer reward programme and some expenses linked to an incident. KT said growth in wireless and fixed-line services and expansion of its AI transformation business were positive signs, and it plans to step up AX initiatives.

AI & Enterprise

Korea\'s top three telecoms bet future on AI as focus shifts from networks

South Korea\'s telecommunications industry is rapidly shifting its centre of gravity to artificial intelligence, with SK Telecom, KT and LG Uplus all declaring a transformation into AI companies. SK Telecom is pushing a full-stack AI strategy spanning infrastructure, models and services, while KT is accelerating a B2B-focused push to become an \"AX\" platform company. LG Uplus is positioning itself as an AI software company through its ixi-O agent, stressing safety and security. Industry officials say the next test is profitability.

Telecommunications & Media

LG Uplus to work with IBK System to develop finance-focused AI

LG Uplus will cooperate with IBK System to develop artificial intelligence services optimized for the financial sector. The two companies signed a memorandum of understanding on April 6 at IBK System\'s headquarters in central Seoul. They plan to combine LG Uplus\' AI technology with IBK System\'s financial domain capabilities to build agent-type AI applicable to loan screening and platforms supporting small business financing. The development will use LG Uplus\' B2B AX platform.