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AI & Enterprise

VR, AR and XR showcased together as MSIT holds Korea Metaverse Festival 2026

South Korea’s Ministry of Science and ICT is holding the 2026 Korea Metaverse Festival from June 10 to 12 at COEX in Seoul, showcasing trends in VR, AR, XR, digital twin and AI-based content. The event features 140 companies and 270 booths across governance, business, innovation and experience zones. It includes smartglasses trials, a global conference, a job fair and a graduate programme performance-sharing session.

AI & Enterprise

LG Uplus reaches deal to export ixi-O AI call service to Malaysia

LG Uplus said on Tuesday it has agreed with Malaysian telecoms operator Maxis to commercially launch its AI call service ixi-O in Malaysia. It said the deal is the first case in which its strategy to expand AI services globally has led to talks on an actual business. Executives from both companies met in Kuala Lumpur to discuss local commercialisation plans. LG Uplus plans to launch the service this year, tailored to local usage.

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.