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AI & Enterprise

SK Shieldus expands senior digital care business with NHN Waffleat partnership

SK Shieldus said on May 18 it will work with NHN Waffleat to expand AI-based care services and daily safety projects under its ADT Caps physical security brand. The companies plan to build a strategic cooperation framework to meet demand for digital care. Their first project is a Ministry of Health and Welfare AX Sprint smart-home pilot. Through 2027, they will test an AI and IoT smart-home care model for 400 households in Gyeonggi and South Jeolla.

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.