LG Uplus struck an MOU with Bigwave Robotics, a robotic automation platform operator, to strengthen its presence in the robotics business, the telecom service provider said on March 9.
Among those on hand at the signing ceremony were Executive Vice President Im Jang-hyuk of the Corporate New Business Group at LG Uplus and President Kim Min-kyo of Bigwave Robotics.
Myrosol (My Robot Solution), being operated by Bigwave Robotics, is a platform designed to suggest optimal robot solutions tailored to customers’ situation and environment.
If customers photograph and upload processes they want to automate, the platform can match up with optimal supply companies and minimize inefficient costs and communication by analyzing more than 3,000 automation database sets according to success, failure and delay case scenarios.
Bigwave Robotics plans to explore new customers through the network LG Uplus built during the implementation of diverse solution projects.
Under the deal, LG Uplus will offer seamless service robots based on LTE and 5G telecom without blind spots to the whole of outlets and industry.
Both companies will also jointly develop related robot solutions through verification of new business models, and expand a share in the robot market by cooperating in overall areas necessary for customers’ introducing service robots, such as customer consulting, robot pilot operation, installation and maintenance/repair.
LG Uplus Executive Vice President Lim said, “We’ve decided to collaborate with Bigwave Robotics which has offered innovative services in the robot market and secure rich customer data.”
LG Uplus plans to expand a market share by releasing products to more customers based on its differentiated services and close cooperation, he added.
LG Uplus tops 1 Trillion Won in Operating Profit, its Best-Ever Performance
LG Uplus posted 286.6 billion won in operating profit in the fourth quarter of last year.
The telecom service provider saw its operating profit top 1 trillion won for the whole of 2022 for the first time since its founding.
The figure was an outstanding growth for LG Uplus, which chalked up 285.7 billion won in operating profit in 2011.
Models with LG Uplus introduce 8 “Studio X+U,” and Tving’s original “Our Game: LG Twins.”
‘Our Game: LG Twins,’ Produced by Studio X+U, Makes Debut on March 30
LG Uplus said on March 8 “Studio X+U,” produced by LG Uplus’ content maker body, will be released on Tving, a Korean OTT streaming platform on March 30.
Tving’s original “Our Game:LG Twins” is a sport documentary portraying LG Twins in 2022, a baseball team which attracted a cumulative 32 million spectators, the most in Korean sports history.
LG Uplus gave in-depth coverage to LG Twins for the production of the documentary. More than 100 experts were mobilized for the large project to cover a baseball club, and a combined 144 games were filmed, involving about 2,500 hours.
The documentary’s data stood at 1.2 petabyte, equivalent to filing 132,000 4K (UHD) movies, or 78 times more than the data owned by the Library of U.S. Congress.