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LG Uplus Eyes Growth Momentum in 5G: Report

LG Uplus earlier said it aims to complete building its 5G infrastructure in major cities by the end of 2019

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LG logo, wikimedia

LG Uplus Corp would expedite deployment of the 5G network and develop various services to create new business opportunities, CEO Ha Hyun-hoi said on Friday.

South Korea’s No. 3 mobile carrier will offer a wide range of media services to gain a competitive edge in its 5G business, based on a wider customer base following its acquisition of the nation’s No. 1 cable operator, CJ Hello, in February, he said.

“5G service will change the everyday lives of our customers, creating new business opportunities not only in the (business to customer) business but also in the (business to business) areas, including autonomous vehicles, smart factories and smart cities,” Ha said in a shareholder meeting at the company’s headquarters here, Yonhap news agency reported.

“We will pro-actively respond to the fast-changing business environment and concentrate on key services for sustainable growth.”

Latest technology of 5G
5G Technology.

The telecom company logged sales of 12.1 trillion Won ($10.6 billion) in 2018. It offered 400 Won in dividends for per share, the same as 2018.

LG Uplus has been teaming up with Chinese network manufacturer Huaweito deploy the next-generation cellular technology in the nation.

Also Read- Photo-Messaging App Snapchat To Launch In-App Gaming Platform

Huawei’s gear is used in about 95 per cent of 15,000 5G base stations established in the nation so far, according to the firm.

LG Uplus earlier said it aims to complete building its 5G infrastructure in major cities by the end of 2019. (IANS)

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5G Smartphones Likely to Hit Market in April: Report

LG Electronics introduced its first 5G smartphone with a detachable secondary screen at the Mobile World Congress (MWC) Barcelona last month

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Latest technology of 5G
5G Technology.

Premium smartphones that run on a 5G network are expected to hit the market in April, a few weeks later than their original release schedule, due to problems with parts supply and test runs, industry sources have said.

Samsung Electronics Co. is expected to release its 5G version of the Galaxy S10 either early next month or in mid-April, with LG Electronics Inc also forecast to sell the V50 ThinQ that supports 5G networks around mid-April, according to the sources, yonhap news agency reported late on Monday.

Smartphone, 5G
5G to make way in Smartphone market in April. Pixabay

Samsung Electronics unveiled its latest flagship smartphone, the Galaxy S10, along with a 5G variant during its Unpacked events held simultaneously in San Francisco and London last month.

Also Read- Samsung Galaxy S10+: Another Great Android Flagship (Tech Review)

LG Electronics introduced its first 5G smartphone with a detachable secondary screen at the Mobile World Congress (MWC) Barcelona last month. (IANS)