[Market Focus] LG CNS Surges on News of Official OpenAI Partnership

LG CNS is showing a strong performance in early trading, rising by over 7%, following the news of being selected as an official partner of OpenAI.

As of 9:09 a.m. on January 16, LG CNS was trading at 72,900 won on the Korea Exchange, up 4,800 won (7.05%) from the previous day.

According to the information and communications technology (ICT) industry, LG CNS was recently selected as an official partner for 'ChatGPT Enterprise' by OpenAI, the operator of ChatGPT. With this partnership, the company will support the introduction of enterprise ChatGPT, which offers enhanced security and is tailored for practical business use by companies, distinguishing it from personal accounts.