Seoul, August 26, 2019 – Quectel Wireless Solutions, the leading global supplier of Internet of Things (IoT) modules announced that on July 1, it has signed a Memorandum of Understanding (MoU) with LG U+, one of South Korea’s major mobile carriers, in order to strengthen bilateral collaboration regarding M2M module products for 4G LTE
“Mobile subscribers would benefit from 5G in different ways which can be summarized as better User Experiences. However, the greater impact is on Machines, to make the world highly connected and ultra-smart,” said Mr. Cho Weon-Seok, Vice President of LG U+. “LG U+ is well positioned in 5G market place in Korea and we have strong feeling that the MoU with Quectel will intensify our efforts to leverage LG U+’s unique value proposition in 5GNR in order to provide OEMs and end customers a very unique 5G experience. We are impressed by Quectel’s incredible technical strength as well as its international business understanding. We will collaborate with Quectel to jointly tackle lucrative 5G market.”
“LG U+ is a giant MNO with proven success story of being a pioneer in offering new technologies and solutions to Korean market. As we are entering the 5G era, LG U+ is again pushing the IoT and connectivity frontiers even further,” said Mr. Norbert Muhrer, Quectel Senior Vice President of Global Sales, who added that “We are certain and very excited that the collaboration will make a big difference in cutting-edge 5G Use cases such as C-V2X, VR/AR, Smart Factory, Surveillance System, to name a few.”
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About Quectel Wireless Solutions
Quectel Wireless Solutions is the leading global supplier of 5G, LTE, LTE-A, LPWA, GSM/GPRS, UMTS/HSPA(+) and GNSS modules. As a professional IoT technology developer and cellular module supplier, Quectel is able to provide one-stop service for IoT cellular modules. Quectel products have been widely applied in IoT/M2M fields including smart payment, telematics and transport, smart energy, smart city, security, wireless gateway, industry, healthcare, agriculture and environment monitoring. For more information, visit Quectel's website, LinkedIn, Facebook and Twitter pages.
About LG U+
We make life ever more convenient with cutting-edge telecommunications services. LG U+ was established on July 11, 1996 and has been transforming the lives of customers since. We strive to develop telecommunications services, hi-speed internet, VoIP and IPTV services as well as other data services. In fact, we are first in the world to establish a nationwide LTE network with super high-speed services of the highest quality. Continuing into the era of 5G and IoT, LG U+ continues to create higher standards of service and make our customers happy. For more information, visit LG U+ website.