LG Uplus Corp. is a publicly owned South Korean telecommunications company founded in 1996. Originally known as LG Telecom, the company's primary service is pay television, although it also operates as a mobile network operator. As of 2023, LG Uplus had over 1850 employees, headquartered in South Korea, and generated revenue exceeding $1 billion. The company is a subsidiary of LG Corporation.

2024 Revenue

Founded

1996

Headcount

1,845

Headquarters

South Korea

Primary Segment

Pay TV services

Ownership

Publicly Owned

News Summary:

LG U+ operates 13 data centers in South Korea as of April. Employees tested 411 set-top boxes for functionality at the Daejeon R&D Center's "Terminal Software (SW) Scenario Laboratory." This laboratory contains set-top boxes and monitors, allowing for simultaneous viewing of multiple TV channels. A customer reported instances of TV screen interference and Wi-Fi disruption coinciding with refrigerator operation. LG U+ is expanding globally, beginning with pop-up shops featuring its character "Pi" in Japan, including locations in Yokohama and Tokyo.

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LG U+ offers 3 products in the media and telecoms services industry. LG U+'s product portfolio comprises of pay TV services and broadcast television and radio.
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LG U+'s revenues were $10.7B in 2024. Caretta Research has split LG U+'s revenue into 2 different product categories, the largest of which is pay TV, which represents 56% of LG U+'s revenue.
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Examples of LG U+'s suppliers include Sumavision Technologies, Google and Quber.

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LG U+ currently holds broadcasting rights for sports competitions including baseball.

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