LG Uplus gains edge with AI-powered security strategy

Amid growing concerns over cyber threats and the telecom industry's transformation toward artificial intelligence (AI), LG Uplus is emerging as one of the most notable beneficiaries. As its AI-driven security strategy gained users' attention in the aftermath of a major data breach incident at its biggest rival, LG Uplus is expected to see strong second-quarter earnings and a substantial user influx, with analysts casting positive outlooks on the company's sustainable profitability. NH Investment & Securities on Tuesday estimated LG Uplus’ annual operating profit is expected to reach 1.1 trillion won ($793.36 million), up 28.1 percent year-on-year. It further projected that the telecom company will post a second-quarter operating profit of 298.1 billion won, outpacing brokerages' consensus of 269 billion won. "As the investment cycle on 5G is in the twilight, the telecom sector continues to enjoy favorable market conditions," NH Investment & Securities analyst Ahn Jae-min said. "In addition, the recent cybersecurity breach at a competitor has resulted in a steady influx of new subscribeWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times