Exterior view of the LG Uplus headquarters building. /Courtesy of LG Uplus

LG Uplus said on the 26th that, ahead of the Chuseok holiday, it will make early payments of 35 billion won in delivery proceeds to help more than 1,300 small and medium-sized partner companies secure liquidity.

LG Uplus will make early payments in 100% cash of delivery proceeds to partner companies responsible for supplying wireless repeaters and wired network equipment, network construction, and IT development and operations.

Han Sang-eon, who oversees shared growth/strategic procurement at LG Uplus, said, "We hope that the early payment of delivery proceeds will help partner companies secure stable liquidity and overcome difficult business conditions," adding, "As a top-tier company on the shared growth index, we will continue to pursue mutual benefit and shared growth with our partners."

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