Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
P2P Loan
Grow your wealth in fiat investment
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
2026 World Cup
Rewards

LG CNS Operating Profit Rises 19% in Q1 on AI and Cloud Growth

GateNews
AI Industry News

According to Chosun Daily, LG CNS reported on April 30 that first quarter operating profit increased 19.4% year on year to 94.2 billion won (US$64.1 million), driven by AI and cloud demand. Revenue rose 8.6% to 1.3 trillion won (US$894 million).

The company's AI and cloud unit generated 765.4 billion won (US$520 million) in revenue, up 6.7%, accounting for 58% of total sales. LG CNS was selected as a supplier of OpenAI's ChatGPT Enterprise and has signed approximately 10 domestic customers.

View Source
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

04-30 07:41
Schneider Electric Q1 Revenue Hits 9.8B Euros, Lifted 11.2% by AI Data Center Demand
04-30 03:21
Amazon Q1 Revenue Jumps 17% to $181.5B as AWS Sales Climb 28%
04-30 01:31
Cambricon Revenue Doubles to $421M in Q1, Driven by China's AI Chip Push
04-30 00:33
Samsung Electronics Q1 Operating Profit Surges 756% to $38.5B, Beats Expectations
04-29 22:00
Google Cloud Hits $20.03B in Q1, Up 63% YoY; Microsoft AI Business Surpasses $37B Run Rate
In-Depth Analysis

Four tech giants’ Q1 earnings beat expectations, raising concerns over $650 billion in AI capital expenditures

Market Whisper04-30 02:23

Amazon earnings report: AI boosts AWS to its fastest growth in three years, cash flow under pressure

ChainNewsAbmedia04-29 23:13

Microsoft( earnings report analysis: Challenges in monetizing AI and expanding cloud capacity

ChainNewsAbmedia04-29 22:54
Comment
0/400
No comments