The LG Cup is sponsored by the LG Group of Korea. The LG Cup was created after the Kiwang title from Korea was abolished. There are 16 players who compete in a preliminary, and another 16 players are invited. The latest edition had 256 competitors in the preliminary, the biggest in history. The players are invited from the following WeiQi/Go/Baduk associations.
2 from the holder and runner-up of the previous year.