LG Uplus Invests 318.1 Billion KRW in Building Internet Data Centers
[Asia Economy Reporter Kang Nahum] LG Uplus announced on the 11th that it has decided to invest 318.1 billion KRW to build a new Internet Data Center (IDC) in Anyang, Gyeonggi Province.
The facility investment accounts for 4.16% of the company's equity capital, and the investment period is from the 1st of next month until the end of 2023.
Hot Picks Today
!["South Korea Shows Similar Trend to Developed Nations"...Obesity Analysis of 232 Million People Worldwide [Reading Science]](https://cwcontent.asiae.co.kr/asiaresize/93/2021101517002868714_1634284829.jpg)
"South Korea Shows Similar Trend to Developed Nations"...Obesity Analysis of 232 Million People Worldwide [Reading Science]
- South Korea Overtakes Japan in a Decade: "This Time for Real"... Record-High Q1 Current Account Surplus Driven by Semiconductor Boom
- High-Net-Worth Investors Increase Stock Holdings: "Samsung and SK hynix Are Basic, Now Searching for the Next Opportunity" [Investment Strategies of the Wealthy] ⑧
- "You Don't Need to Go to the Gym": The Best Exercises for Lowering Hypertension
- "My Wife Is Missing"... Woman in Her 50s Still Unaccounted for Nearly a Month After Climbing Bukhansan Mountain
The company explained the purpose of this investment as "the construction of a new IDC center due to increased customer demand."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
