LG Uplus, "Strengthening 5G and 6G Collaboration with Japan's KDDI"
LG Uplus-KDDI Sign Comprehensive MOU for Strategic Cooperation
Collaborate to Secure 5G New Business and Network Competitiveness... Joint Response to Preempt 6G Technology
[Asia Economy Reporter Eunmo Koo] LG Uplus announced on the 15th that it has signed a strategic business agreement (MOU) with Japanese telecommunications operator KDDI to discover new 5G businesses and jointly respond to 6G.
Through this MOU, the two companies plan to strengthen cooperation in various fields, including discovering new 5G businesses. By establishing a collaborative system between international telecommunications operators, they aim to share innovative ideas for network technologies, solutions, and wired and wireless businesses, and work together for commercialization.
They will also cooperate on 6G, which has begun discussions to secure future competitiveness. 6G is the next-generation mobile communication network scheduled to be commercialized after 5G, and global operators are actively developing technologies and setting standards to secure leadership in the global market. LG Uplus and KDDI will jointly respond not only to 6G technology development but also to future international standardization.
KDDI is the largest telecommunications operator in Japan by revenue. As of 2020, its annual revenue reached approximately $49.4 billion (about 56 trillion KRW), and it has more than 60 million mobile subscribers. Since 2015, the two companies have collaborated for six years on ▲joint procurement of communication devices ▲XR (mixed reality) ▲smart drone development ▲shift work, among other areas. LG Uplus expects that the cooperation system with KDDI will become even stronger through this MOU. Going forward, the two companies plan to expand global cooperation by strengthening collaborative relationships with telecommunications operators in other countries.
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Jongwook Park, Chief Strategy Officer (CSO) of LG Uplus, said, “With the signing of this MOU, we have expanded cooperation with KDDI in 5G services and new business areas,” adding, “Furthermore, we will jointly lead global innovative technologies in areas such as 6G networks, cloud, and O-RAN.”
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