[Breaking] LG CNS Signs 189.7 Billion Won 'Physical AI Infrastructure' Supply Contract with LG Electronics... Equivalent to 3.1% of Revenue
LG CNS announced on the 7th that it has signed a supply contract worth approximately 189.7 billion won for 'Physical AI infrastructure' with LG Electronics. **C
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LG CNS announced on the 7th that it has signed a supply contract worth approximately 189.7 billion won for 'Physical AI infrastructure' with LG Electronics.
Contract Overview
- Contract Name: LG Electronics Physical AI Infrastructure Contract
- Contract Amount: 189,747,247,549 won (excluding VAT)
- Supply Region: Domestic
- Counterparty: Affiliate company LG Electronics
- Contract Period: August 1, 2026 – July 31, 2029
- Contract (Award) Date: July 5, 2026
- Payment Terms: Includes an advance payment, with payments made on a monthly basis
This amount represents 3.10% of LG CNS's most recent consolidated revenue for 2025 (6,129,542,717,919 won).
The company also disclosed the contract amount converted to USD 123,872,077. The conversion was calculated using the initial posted exchange rate of Hana Bank on the disclosure date of July 7, 2026 (1 USD = 1,531.8 won), and the amount excludes value-added tax.
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