| Mobile Web

Search results for DBO

AI & Enterprise

LGU+ steps up AI data centre business, targets 5 trillion won in orders by 2030

LGU+ is expanding its artificial intelligence data centre infrastructure business and plans to target the next-generation AI infrastructure market with group affiliates. It aims to reach 5 trillion won in cumulative orders by 2030. The company unveiled its strategy at a construction site in Paju, introducing a modular build method, securing 200MW of power, and building a hyperscale hybrid cooling structure. It also plans to shift toward an \"AI factory operator\" model.

Telecommunications & Media

Korea\'s three mobile carriers post mixed Q1 results, bet on AI growth after hacking fallout

South Korea\'s three mobile carriers reported mixed first-quarter results. LG Uplus improved performance on balanced growth across businesses, including AI data centres. SK Telecom showed a clearer recovery from the previous quarter, citing improved AI profitability and a rebound in its wireless business after a SIM hacking incident. KT\'s profitability weakened despite expanding AX, as a one-off property-sale base effect and customer compensation costs weighed.

Telecommunications & Media

LG Uplus posts 272.3 billion won Q1 operating profit

LG Uplus reported a first-quarter operating profit of 272.3 billion won, up 6.6 percent from a year earlier, as growth in its AI data centre, smart home and mobile businesses supported earnings. Revenue rose 1.5 percent to 3.80 trillion won and service revenue increased 3.3 percent to 3.04 trillion won. The company also pointed to ROI-focused cost control and AI-based efficiency efforts, while marketing costs rose 11.7 percent.