The Ministry of Science and ICT (MSIT) announced on June 27 that it has completed the allocation of private 5G frequencies and registration as private 5G common carriers for LG Electronics and Mega Zone Cloud.
With this frequency allocation and private 5G common carrier registration, LG Electronics, a leading Korean digital company that has accumulated technology in robots and home appliances, and Mega Zone Cloud, Asia's largest Internet-based cloud management and operation provider and the first Korean startup in the Internet-based cloud industry, will promote new businesses in various fields such as manufacturing, logistics, and hospitals through private 5G.
As of July 1, 2023, private 5G frequencies have been assigned to 39 locations in 23 companies.
LG Electronics will build a performance testbed for artificial intelligence (AI), autonomous mobile robots (AMR), intelligent surveillance cameras (CCTV), and the cloud based on a private 5G network at LG Digital Park in Pyeongtaek, Gyeonggi-do, to verify its products. In the future, it is expected to spread its services to various fields such as domestic and overseas manufacturing, logistics, and medical care.
Mega Zone Cloud will provide customers with an intelligent logistics system that analyzes and manages information collected from intelligent surveillance cameras (CCTV) and sensors through a private 5G network to the Internet-based cloud, and plans to introduce various services such as robot-human collaboration and the prevention of human safety accidents through the convergence of the Internet-based cloud and private 5G in the future.