Korea Joongang Daily
Korea JoongAng Daily

Korea's antitrust watchdog mulls fines against telecom giants for price fixing

Korea's antitrust regulator is mulling fines of up to 5.5 trillion won ($4.1 billion) against the country's three major telecom companies over alleged price fixing.

2024-10-07

LG Uplus logs 15.9% drop in net profit in the first quarter

An increase in operational costs resulted in an on-year contraction in net profit to 130.4 billion won in the January-March period.

2024-05-09

LG Uplus launches new AI-powered services for small businesses

LG Uplus, Korea’s third-largest mobile carrier, released a slate of AI-powered services targeting small business owners on Monday.

2024-04-01

LG Uplus to exclusively provide broadcasting line for 2024 Paris Olympics

LG Uplus officials monitor a broadcasting relay line control system displayed on electronic boards at the telecommunication service provider's office building in Anyang, Gyeonggi.

2024-03-25

LG celebrates Twins' win with 29 percent themed mega sale

In celebration of its recent baseball triumph in the Korean Series for the first time in 29 years, LG unveiled heavy discount events across its affiliates, from electronics to cosmetics, on Thursday.

2023-11-16

LG Uplus sees 8.3% decrease in Q3 net profit on electricity costs

LG Uplus, a mobile carrier, said its third-quarter net profit decreased 8.3 percent on year despite overall growth in sales due to increased operating costs, such as electricity rates, in particular.

2023-11-07

LG Uplus arrives in freight delivery business

LG Uplus is the latest mobile carrier to enter the freight delivery business to digitalize the sector with the release of its own platform designed to function as a middleman between carriers and freight brokers.

2023-10-16

Digital driver's license to expand as verification method

The digital driver's license provided by the country’s three wireless carriers will extend its use as a self-verification method in fields such as the medical, financial and public sectors.

2023-10-12

Watcha files complaint accusing LG Uplus of theft

Watcha, a Seoul-based streaming service provider, has filed a complaint accusing LG Uplus of stealing its technology, including content recommendation algorithms and platform service management data.

2023-10-11

LG Uplus introduces new 5G plan with data refunds

Mobile carrier LG Uplus has introduced a new 5G subscription plan that refunds users for any unused data, targeting young consumers. The company offers 16 different plans with varying data amounts, and subscribers can switch options anytime.

2023-10-05