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AI & Enterprise

N2SF shift opens public-sector security SaaS market, Monitorlab to step up push

Monitorlab plans to push its Security Service Edge platform into South Korea\'s public sector, citing growing opportunities as the National Network Security Framework, or N2SF, is introduced. CEO Lee Gwang-ho said government policy now supports public agencies adopting security as a service, though hurdles remain. The company said multiple certifications are still required and costly. Monitorlab is also working with LG Uplus and is seeking growth overseas, while highlighting generative AI security as a new driver.

Telecommunications & Media

LG Uplus AI data centre growth and cost efficiency lift operating profit to record quarterly high

LG Uplus said it posted its highest-ever quarterly operating profit, driven by growth in its AI data centre business and cost efficiency. Second-quarter revenue fell 3.9 percent from a year earlier, while service revenue rose 2 percent and operating profit climbed 13.1 percent. The company said it is building a 200-megawatt Paju AI data centre and plans to expand AI solutions. Mobile and smart home revenue also increased.

Telecommunications & Media

LG Uplus posts record Q2 operating profit, says enterprise infrastructure drove gains

LG Uplus said it posted a record quarterly operating profit in the second quarter, helped by growth in its AI data centre business and cost efficiency. Revenue fell 3.9 percent from a year earlier, but service revenue rose 2 percent and operating profit climbed 13.1 percent. The company said enterprise infrastructure revenue increased, including AI data centre sales. Mobile and smart home revenue also rose, and it announced additional share buybacks and a higher interim dividend.