LG Cup (Go)

The LG Cup is organized by the Chosun Ilbo newspaper and sponsored by the LG Group of Korea.[1] The LG Cup was created after the Kiwang (기왕; 棋王) 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.
• 6 from South Korea
• 3 from Japan
• 3 from China
• 1 from Chinese Taipei
• 1 wildcard

The final is a best-of-three match. The komi is 6.5 points, and each player has 3 hours main time and five 40-second byoyomi periods. The winner's purse is 300,000,000 won and the total prize pool is 1.3 billion won.[2]