The Korea Herald
AsiaPac · 13 mins ago
LG Uplus posts record profit on AI data center growth
LG Uplus posted a record quarterly operating profit in the second quarter as rapid growth in its artificial intelligence data center business and cost-cutting efforts offset a decline in overall revenue, the company said Thursday. Operating profit rose 13.1 percent on-year to 344.5 billion won ($243.4 million), while revenue fell 3.9 percent to 3.69 trillion won. Service revenue, which excludes handset sales, increased 2 percent to 3.08 trillion won, and net profit edged up 0.3 percent to 217.7
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