LG Uplus tapped its feet in East Asia

lg uplus expands 5g software

South Korea’s LG Uplus Corp. is making advancement in 5G software products exports as it placed Japan and Taiwan on priority over China in supply of 5G-powered virtual reality content.

KDDI, Japan’s second largest wireless carrier has around 57 million subscribers in Japan started its 5G service last month , and Taiwan industry leader Chunghwa Telecom with more than 10 million subscribers plans to commercialize the network in July.

It was last year that LG Uplus signed the first contract with China Telecom, one of the top three wireless carriers in China to export its 5G content. Including the latest two contracts, the total volume of the four deals is estimated to have reached $10 million, industry sources believed. If a deal under negotiation with a European firm goes through, the company would achieve at least $20 million in export this year.

LG Uplus has the largest number of AR and VR content among the three major telcos. Overseas firms set to commercialize the 5G service are seeking to provide the company’s high quality content. Last year, more than 30 global telco giants including America’s AT&T, Britain’s Vodafone, and Finland’s Elisa visited the company to experience its 5G service.