LG U+ has relocated its headquarters from Namsan to Yongsan, ushering an “Era of LG U+ Yongsan.”
LG U+ executives and staff moved into the newly built headquarters on April 6. LG U+, born through a merger between Dacom and PowerComm, had been staying in a rental building and finally moved into the new location in early April. The new headquarters has a 21-story structure and four basement floors with 55,000 sq. meters of floor space. The seventh floor and upper floors are set aside for office space, and the third floor and lower floors will be for such amenities as a fitness center, a children’s daycare and a library.
Dacom, the predecessor of LG U+, located at the former site of the new LG U+ headquarters, made feats, launching the nation’s first data communication services, releasing the PC communication network Cheolian and an online game/shopping mall, and launched Asia’s second high-speed Internet network.
The new headquarters is outfitted with double-deck elevators, eco-friendly energy conservation systems and other ICT technologies, as the predecessor of LG U+ was known for its success in the ICT arena.
LG U+ is now determined to yield fruits in 5G and IoT sectors.
“Recognizing the heritage of the former site, once the birth place of the 30-year Korean communication industry, all LG LU+ executives and staff aim at rising to a global leader in 5G and IoT fields,” LG U+ officials said.
LG U+ has been recognized as a Long-Term Revolution (LTE) leader as the company built the world’s first 4G LTE network — a standard for wireless communication of high-speed data for mobile phones and data terminals across the nation — and successfully demonstrated the three different band Carrier Aggregation (3CC-CA) technology.
LG U+ is accelerating efforts to develop a 5G technology, to be commercialized by 2020. The telecom service provider plans to strengthen its position as a next-generation ICT leader by releasing IoT services covering communications, security, life and home appliances.
LG U+ has also launched IoT-related services.
Its Home Boy, Gas Rock and Home CCTV "Momca" service are a part of its smart home system solutions that integrate telecom, security, live and electronics to enhance the quality of live through the IoT technology, the company said.
LG U+ Vice Chairman Lee Sang-cheol predicted the future of IoT at a meeting with reporters at the World Mobile Congress 2015 in Barcelona, Spain on March 3: “The development of ICT will evolve into the Internet of Thinking (IoTh) via the IoT, ultimately leading to the Internet of Brain (IoB),” he said.
Concerning the IoT sector on which LG+ has been working so far, he said IoT services will give two hours back to housewives, and they could be optimized at any time and at any place.
LG U+ showcased dozens of technologies, including the home appliance solution dubbed “Home Manager” and the “Magic Mirror,” which can diagnose skin ailments. They also unveiled a next-generation 5G network technology.
The Korean telecom company plans to come up with more than 10 services, including a technology to remove waste lighting and stand-by electricity via the smartphone and a security package of spotting and informing home intruders and gas leakages, he said.
While delivering his New Year’s message on Jan. 2, LG U+ Chairman Lee declared the year 2015 as the first year of becoming a “New Life Creator,” with a focus on creating value, shifting from service providers to customers.
Lee expounded the characteristics of the new ICT era: “me-centric” safety, video content containing emotion and expanded infrastructure for Internet of Things (IoT), connected with numerous sensors in real time, on the cloud and Big Data.
In particular, Lee said, “Let’s spearhead global change with an extraordinary creative spirit and become a ‘new life creator’ that makes each customer’s life safer and more affluent and touches his or her emotions.”
In order to become a “new life creator,” he stressed humility, courage and wisdom as the blueprint for becoming a company capable of creating new lives. He urged his executives and staff members to challenge and take the initiative without fear — even though they are faced with new environment and markets.
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