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LG Uplus to spur generative AI service for new growth: CEO

Korea Economic Daily LogoKorea Economic Daily2 mo ago

LG Uplus to spur generative AI service for new growth: CEO - Korea Economic Daily

Quick Summary:

LG Uplus Corp., a leading mobile carrier in South Korea, is accelerating its generative artificial intelligence business as a new growth driver amid a slowdown in the traditional telecommunication industry.“We will launch a generative AI ixi-Gen in the first half of the next year.

As a chatbot service for our telecom and internet protocol TV (IPTV) businesses, its major role will be customer support and personalized product recommendations,” said LG Uplus Chief Executive Hwang Hyeon Sik in an interview with The Korea Economic Daily on Monday.

With the launch of the generative AI, the company will step up its digital transformation in earnest.“We are planning to secure future growth engines in AI-powered contact centers, freight brokerage platforms and electric vehicle charging businesses,” the CEO added.


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Article Details

Category: Economy

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-11-28 @ 14:35:38 (2 months ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 398 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 18641989

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About Korea Economic Daily

Korea Economic Daily Logo

Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 1 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 23 hours ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

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