- CEO
- Shin-Gyun Hyun
- Full Time Employees
- 6,890
- Sector
- Technology services
- Industry
- Information technology services
- Address
- LG Science Park Seoul SL South Korea 07795
- IPO Date
- Feb 5, 2025
- Business
- LG CNS Co., Ltd. (KRX: 064400) provides comprehensive information technology services and solutions, including consulting, system integration, outsourcing, enterprise resource planning, IT infrastructure, cloud computing, artificial intelligence and big data platforms; smart city, smart factory, smart logistics and transportation solutions such as fleet management systems and mobility-as-a-service; blockchain platforms including Monachain and token-as-a-service; security solutions like SecuXper; digital transformation services for finance, public sectors and customer experience; as well as software-as-a-service offerings such as SINGLEX for supply chain and business management, Factova for smart factories, and generative AI platforms including DAP, AgenticWorks and a:xink. The company, founded in 1987 as a joint venture between LG Corporation and Electronic Data Systems and headquartered in Seoul, South Korea, operates globally with subsidiaries and development centers, serving industries including public services, finance, manufacturing, logistics and telecommunications across South Korea, Southeast Asia and other international markets. A subsidiary of LG Corporation, LG CNS listed on the Korea Exchange's KOSPI market in February 2025 through an initial public offering that raised approximately KRW 1.2 trillion, marking Korea's largest IPO since 2022, with proceeds allocated to data center upgrades, mergers and acquisitions, and bond repayments; in 2019, LG sold a 35% stake to Macquarie Group for KRW 1 trillion under a condition to list by April 2025. Recent developments include partnerships for hyperscale AI data centers, such as a joint venture with Indonesia's Sinar Mas Group for a $300 million facility in Jakarta starting construction in 2025 and targeting completion by 2027, and a memorandum of understanding with Vietnam's VNPT and Korea Investment Real Asset Management for an AI data center and smart engineering projects; a cloud ERP migration project with Indonesia's Korindo Group; unveiling of agentic AI platforms AgenticWorks and a:xink in August 2025; a strategic investment and partnership with U.S. robotics startup Skild AI in June 2025; plans to establish an R&D center in Silicon Valley; and joining SAP's Regional Strategic Services Partner Initiative in Asia Pacific.