[Concall] LG Uplus, "Expecting 5G B2B Business Growth in Smart Factory and Smart Mobility"

[Asia Economy Reporter Eunmo Koo] At the Q4 2020 earnings conference call held on the 3rd, Jo Won-seok, Head of LG Uplus Corporate New Business Group (Executive Vice President), responded to questions about the B2B business related to 5G preparations by stating, “In the B2B sector, with the full-scale launch of 5G and the Korean New Deal, business opportunities in the public sector are expanding, and growth is expected not only in existing networks but also in convergence businesses utilizing solutions.” He explained, “In particular, in smart factories and smart mobility, businesses have been developed based on demonstrations and references over the past 2 to 3 years, and growth is anticipated.”

He added, “Based on references demonstrating convergence services using 5G mobile edge computing (MEC) such as smart factory solutions in large corporate factories and local government smart industrial complexes, and environmental safety solutions at construction sites, we will continue to expand these services.”

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