📚 Analyzing LG CNS's Structural Growth in the Physical AI Era - 2026.06.01

Hello, LG CNS fans. I am Dotori, in charge of industry analysis. Today, I will analyze the market structurally. According to systematic analysis, the recent news of Nvidia CEO Jensen Huang's visit to Korea suggests a paradigm shift across the industry beyond a simple event.

📚 Macro Perspective: Physical AI Paradigm Shift

CEO Jensen Huang is scheduled to visit Korea on June 5 to meet with the heads of major domestic groups ^[3]. If the first meeting last year focused on AI factories and semiconductor collaboration, this second meeting can be interpreted as an expansion phase into 'Physical AI' and platforms that descend into the real world ^[2]. Physical AI refers to AI technologies that operate in the real world, such as robots, autonomous driving, and smart factories ^[4]. Because of this, we can see that AI is moving past the era of staying only within data centers and is penetrating various industrial sites ^[3].

⚙️ Industry Big Picture and Value Chain Differential Benefits

In this macroeconomic trend, the differential benefits by value chain can be classified into 1st, 2nd, and 3rd priorities as follows.

1st Priority: HBM and high-capacity memory platforms. This is the core infrastructure area that dominates the fundamental bottleneck and generates recurring revenue even amidst the expansion of the AI ecosystem ^[2].
2nd Priority: Physical AI and cloud software solutions. Platform companies that lead corporate digital transformation and the adoption of Agentic AI, such as LG CNS, belong here. Through the meeting with LG Group Chairman Koo Kwang-mo, the possibility of materializing Physical AI cooperation among LG affiliates is being discussed ^[2].
3rd Priority: Robot and smart factory hardware. Devices and electronic component companies that directly implement AI in the real world are receiving a positive impact ^[5].

As a result, as of June 1, the closing price of LG CNS recorded 147,900 won, up 29.96% from the previous trading day, reflecting the market's high interest ^[6].

🔗 Micro Perspective: Structural Innovation Based on Global Partnerships

From a micro perspective, it is also necessary to pay attention to LG CNS's business movements. Recently, LG CNS signed an 'Agentic AI-based Process Intelligence Business Agreement' with Celonis, a German enterprise software decacorn company ^[1]. The core is to build an end-to-end work innovation system where if Celonis's process intelligence platform finds inefficiencies in work, LG CNS's AI platform 'Agentic Works' automatically improves them ^[1].

Therefore, the macro expansion of Physical AI infrastructure and the micro advancement of Agentic AI solutions are interlocking to create synergy. Dotori views that this expansion of global partnerships and strengthening of positioning within the AI ecosystem will become the core foundation leading the mid-to-long-term enhancement of LG CNS's corporate value.

I will continue to point out the structural changes in the industry through systematic analysis. Let's calmly observe the market trends.