ANN/THE KOREAN HERALD – Korean IT solutions company, LG CNS entered into a three-way collaboration with New York City (NYC) in the United States (US) and the American Chamber of Commerce (AMCHAM) in Korea. They agreed to jointly focus on advancing the digital transformation of New York.
The collaboration was formalised through a memorandum of understanding signed at New York City Hall. The signing ceremony saw the presence of LG CNS Chief Executive Officer (CEO) Hyun Shin-gyoon, New York City Mayor Eric Adams and AMCHAM Chairman James Kim.
“With this digital transformation partnership, we have made a meaningful step forward in providing excellent opportunities for New Yorkers,” said NYC Mayor Eric Adams, adding, “We will wait for the day to welcome the world’s leading IT solutions provider LG CNS in NYC.”
“We will support NYC to drive sustainable growth with digital transformation technologies,” LG CNS CEO Hyun Shin-gyoon said.
Under the strategic technology partnership, LG CNS, as an expert in digital innovation, will implement cutting-edge artificial intelligence, digital twins, the Internet of Things and blockchain technologies in New York, the largest city in the US by population, the company said. In addition to opening up internship opportunities for university students in New York, the Korean company will also support minority and women-owned business enterprises designated by the city, the company added.
LG CNS also said it is discussing a plan to launch a new office in New York with the city officials and AMCHAM, and that it will make a decision after a thorough review.
Starting with this partnership, LG CNS will expand its smart city, e-government and cloud computing businesses into North America, the company said.
