LS Group
Type | Public |
---|---|
Industry | Conglomerate |
Founded | 1936 |
Headquarters | Anyang, South Korea |
Key people | Ja-Yol Koo (Chairman & CEO, LS Corp.) Ja-Yub Koo (Chairman & CEO, LS Cable & System) Ja-Hong Koo (Chairman & CEO, LS-Nikko Copper) |
Revenue | US$25,175 million (2010) [1] |
US$775 million (2010) | |
Total assets | US$19,170 million (2010) |
Subsidiaries | LS Cable, LS Industrial Systems, LS-Nikko Copper, LS Mtron |
Website | lsholdings.com |
LS Group | |
Hangul | LS그룹 |
---|---|
Revised Romanization | LS Geurup |
McCune–Reischauer | LS Kŭrup |
LS Group is a South Korean chaebol (conglomerate). It is composed of LS Corp. (see below), E1 (LPG), and YESCO (LNG). "LS Corp." is a holding company, which comprises LS Cable & System (power & communications cables), LS ELECTRIC (electrical equipment & automation systems), LS-Nikko Copper (copper smelter & refiner) and LS Mtron (machinery & components). The company is controlled by the Koo family, the founding family of LG Group.
LS Group was spun off from LG Group in 2003. In 2010, LS Group and its subsidiaries have approximately US$25.2 billion in revenue worldwide with about 100 subsidiaries in 25 countries.
LS stands for "Leading Solution".[citation needed]
Group families[]
- LS Corp
- LS Cable & System (LS Cable & System, GCI, Alutek, Pountek, Kospace, LS Global, etc.)
- Gaon Cable (Gaon Cable, Weduss)
- LS ELECTRIC (Formerly LS Industrial Systems / LG Industrial Systems) (LS IS, LS Metal, Planet, LS Mecapion, LS Sauter, LS Power Semitech, Trino)
- LS-Nikko Copper (LS-Nikko Copper, GRM, Torecom, Recytech Korea, Wahchang, Sunwo)
- LS Mtron (Daesung Electric/Deltech, Casco, Nongaon Gyeongju, Nongaon Pyeongtaek)
- LS Cable & System (LS Cable & System, GCI, Alutek, Pountek, Kospace, LS Global, etc.)
- E1 (E1, E1 Logistics, E1 Container Terminal, Dongbang City Gas)
- LS Networks (Prospecs)
- YESCO (YESCO, YESCO Service, Daehan GM, Hansung Group)
- LS I&D (Superior Essex)
Training Facility[]
LS Group operates their own training facility near Ansung in Gyeonggi Province for its employees.
See also[]
References[]
- ^ Based upon a KRW=USD exchange rate of 1,100KRW per USD,the spot rate as of December 31, 2010.
- Chaebol
- Electronics companies established in 1936
- Manufacturing companies established in 1936
- South Korean company stubs