Hyun Shin-kyun, CEO of LG CNS, emphasized in his 2025 New Year’s address that "let's accelerate our preparation for the future and create growth starting with a successful initial public offering (IPO)." To achieve this, he presented securing leadership in AI transformation (AX), strengthening future growth engines, and innovating business methods as key management principles for 2025.
On the 2nd, Hyun said to employees, "I would like to express my gratitude for the dedicated efforts of our employees who achieved solid growth while maintaining business advantages amid last year's global economic downturn and fierce competition," and added, "As uncertainties in the management environment are expected to continue this year, let’s transform into "Business Value Creators" that grow together with our customers and accelerate innovation to secure overwhelming competitive advantages."
He stated that to secure leadership in AI transformation (AX), LG CNS will comprehensively promote "Application with AI," which combines the company’s strengths in system integration (SI) capabilities, industry and business expertise, and cloud technology with AI. This strategy aims to discover differentiated new services and strengthen its position in the market.
Additionally, based on the achievements gained in the global market last year, he urged to strengthen future growth engines. Hyun noted, "In 2024, we achieved visible results with the global launch of LG CNS’s own solution "PerfecTwin" and the marketing optimization platform "MOP2", as well as the establishment of a joint venture (JV) with Indonesia's Sinarmas," and stated, "We will continuously push forward with global market entry as a core driver for future growth."
Moreover, he emphasized that fundamental competitiveness must be reinforced through innovation in business methods. He added, "We must establish an implementation system for business from the perspectives of quality and expense, and enhance competitiveness through productivity improvement utilizing AI," suggesting that we should expand core capabilities by business to maintain technological leadership.
LG CNS will conduct demand forecasting for institutional investors from the 9th to the 15th and plans to receive public subscription on the 21st and 22nd. The funds secured through this IPO will be primarily utilized for strengthening core capabilities in digital transformation (DX) areas such as AI, cloud, and smart factories, as well as for future growth investments.