LG CNS Q1 operating profit surges 19 pct on AI, cloud growth
· Source: ajupress.com
In short
South Korean IT services firm LG CNS reported a 19.4% surge in first-quarter operating profit to 94.2 billion won, driven by strong demand for AI and cloud services. The AI and cloud division accounted for 58% of total revenue, while the company is also expanding into physical AI and robotics through strategic investments.
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Tags: AI, cloud, logistics, robotics, automation, supply chain