LG U+ to invest an additional 1.3 trillion won in Paju AIDC, with 90 billion won in treasury stock buybacks

LG Uplus will invest an extra 1.3489 trillion won in phase 2 of its Paju AI data center, covering new buildings and related infrastructure.

The expansion underscores the company’s continued push to build out AI data center capacity.

At the same time, LG Uplus approved a 90 billion won treasury share buyback.

The company also set an interim dividend of 270 won per share, about 8% higher than last year.