[Korea ohahreum financial newspaper reporter] LG U + has teamed up with Softbank Ventures went home and abroad, and actively support promising ICT ventures. Internet of Things (IoT), artificial intelligence (AI), LG U + Mine is aiming to achieve first place in new businesses such as big data strategies that are leading the 4th Industrial Revolution through it.
LG U + announced on May 29 that it invested 10 billion to participate in strategic investors "SB Champ Global Fund to create new Softbank Ventures.
Softbank Ventures, a subsidiary of SOFTBANK Korea within the holding company of the SOFTBANK Group Korea, bought about 220 domestic and foreign investment as a promising venture company that has information and communication technology (ICT) specializes in venture capital.
Softbank SB Global Fund Champ Ventures creates a new key in addition to LG U + it has the participation of Softbank Group and Softbank Korea, the total fund size amounts to 121 billion won. Softbank Ventures recently held among fund investors who participated in the Conference organized Seocho headquarters.
LG U + excavations focused on the AI, Big Data, IoT, IPTV, robotics, virtual reality (VR), Augmented Reality (AR) 4 car industry at home and abroad as a promising venture company to lead the revolution, including through the Fund participate actively nurturing It plans to.
In particular, this fund participation is part of the evaluation of domestic and foreign companies as well as LG U + in the "open and sharing" should be mutual cooperation with leading venture firms make the fourth round of industrial revolution.
Along with LG U + plans to pursue a wide range of cooperation in the Softbank group side and future business areas to gauge the funds involved. Softbank Group is a global network side as the strength, to be able to continue to cooperate in breach of international business companies are expected.
LG U + affiliate promotion charge gimyonghwan managing director, "Softbank will work closely with the Ventures provides the opportunity to develop potentially endless ventures to grow aggressively," said "Through this experience with large corporations and venture to Win I hope to be able to contribute to the composition, "he said.
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