Quectel Wireless Solutions 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 and 5GNR services.
Mr. Cho Weon-Seok, Vice President of LG U+, said:
“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.”
“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.”