The agreement, made during the annual Consumer Electronics Show (CES) held here from January 8-11, is aimed at investing in the development of VR content during the first half of the year, LG Uplus said.
The content will be viewed through LG Uplus platforms and Google-owned global video streaming service YouTube.
LG Uplus will be responsible for the planning and production of the VR content and commercialisation rights in South Korea, while Google will acquire global distribution rights through YouTube, company officials said.
Over the past few year, Google has taken several initiatives to make VR content more popular on YouTube.
To make it easier and less expensive to create in VR, the tech giant introduced the VR180 format.
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