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KRX:064400

7 stories mentioning KRX:064400Updated 26m ago

Every FINWIRES story that references KRX:064400, newest first.

Asia

LG CNS, Doosan Sign Deal for AI, Robotics, Data Center Business Collabs

LG CNS (KRX:064400) and Doosan Corp. (KRX:000150) signed a memorandum of understanding to collaborate on new businesses such as AX, RX, data centers, and cloud, the South Korean AI and cloud computing firm said Friday.Under the agreement, the two firms will establish a business cooperation promotion body and finalize detailed operating plans within a month of the MoU signing to bring together their core competencies, the release said.Shares of LG CNS fell nearly 5% at market close.

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Asia

Inswave Systems Wins Web Terminal Switching Contract from LG CNS

South Korean software company Inswave Systems (KOSDAQ:450520) secured a web terminal switching contract from LG CNS (KRX:064400), according to a Tuesday filing with the Korea Exchange.The contract, valued at 9.88 billion won, is valid till Dec. 31, 2027.Shares of LG CNS fell nearly 6% at market close.

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Asia

LG CNS, Kurly to Bring Humanoid Robots to Logistic Hubs; Shares Plunge 7%

LG CNS (KRX:064400) and e-commerce company Kurly signed a memorandum of understanding to bring humanoid robots to logistics centers and logistics automation, according to a Monday release.The two parties will test humanoid robots at logistics centers, aiming for worker safety and workload reduction.The project includes proof-of-concept trials to evaluate robot performance, including accuracy and speed, using LG CNS' PhysicalWorks, a robot learning and operation platform, it said.Shares of the South Korean artificial intelligence and cloud computing company fell over 7% in recent trade.

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Asia

LG CNS Secures Deal for Korea Electric Power Corp's Sales, Distribution System

LG CNS (KRX:064400) secured an information strategic planning consulting project for Korea Electric Power Corp's (KRX:015760) next-generation sales and distribution system.The South Korean artificial intelligence and cloud computing company said Tuesday it will overhaul the operational framework of the electric utility's sales and distribution system to support and boost its public services.Shares of LG CNS added nearly 4% while those of Korea Electric Power fell about 5% at market close.

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Asia

Wise iTech Wins KRW3.93 Billion Contract for Second Phase of Bank of Korea's IT Outsourcing Program

Wise iTech (KOSDAQ:065370) secured the second phase of the Bank of Korea's IT outsourcing program from LG CNS(KRX:064400), according to a Monday filing with the Korea Exchange.The contract, valued at 3.93 billion won, is valid till April 30, 2029.Shares of LG CNS rose more than 1% at market close.

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Asia

LG CNS' Net Attributable Income Jumps 42% in Q1

South Korean AX specialist LG CNS (KRX:064400) posted first-quarter net income attributable to shareholders of 80.5 billion won, up 42% from 56.8 billion won a year earlier, according to a Thursday filing with the Korea Exchange.Sales rose 8.6% year over year to 1.314 trillion won from 1.211 trillion won.Shares of LG CNS fell nearly 3% at market close.

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Asia

LG CNS, OpenAI to Expand ChatGPT Edu in Education AX Market

LG CNS (KRX:064400) and OpenAI signed a reseller agreement to expand ChatGPT Edu in the education AX market, the South Korean AX specialist said in a Monday release.ChatGPT Edu supports several tasks such as generating lecture materials, organizing research data and reports, and providing personalized tutoring. The product also offers enterprise-grade security, the release said.Key universities such as Arizona State University, the University of California, San Francisco System, and Harvard University have already adopted ChatGPT Edu. Looking ahead, LG CNS plans to offer introductory tour programs for ChatGPT Edu across major universities in the Seoul metropolitan area, along with conducting AI education seminars, it said.LG CNS may partner with universities and OpenAI to develop ChatGPT Edu-based AI curricula and host hackathons, the release said.

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