LS Group

LS Group is a South Korean chaebol (conglomerate) mostly in electrics, electricity, materials and energy sectors.[2] 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 Corporation
TypePublic
IndustryConglomerate
Founded1936 (1936)
HeadquartersAnyang, South Korea
Key people
Ja Eun Koo (Chairman, LS Group)

Christopher Koo (Chairman & CEO, LS Corp.)
Ja-Yub Koo (Chairman, LS Cable & System)
Ja-Kyun Koo (Chairman, LS ELECTRIC)
Ja-Chul Koo (Chairman, YESCO Holdings)

Ja-Yong Koo (Chairman, E1)
RevenueUS$25.18 billion (2010) [1]
US$775 million (2010)
Total assetsUS$19.17 billion (2010)
SubsidiariesLS Cable & System
LS Mtron
Websitelsholdings.com

LS Group was spun off from LG Group in 2003.[3]

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 MnM (Formerly LS-Nikko Copper) (LS MnM, GRM, Torecom, Recytech Korea, Wahchang, Sunwo)
    • LS Mtron (Daesung Electric/Deltech, Casco, Nongaon Gyeongju, Nongaon Pyeongtaek)
  • E1 (E1, E1 Logistics, E1 Container Terminal, Dongbang City Gas)
  • YESCO (YESCO, YESCO Service, Daehan GM, Hansung Group)
  • LS I&D (Superior Essex)

See also

References

  1. Based upon a KRW=USD exchange rate of 1,100KRW per USD,the spot rate as of December 31, 2010.
  2. "Koo Ja-yeol selected as chairman of LS Group". Yonhap. Seoul. November 11, 2012.
  3. Seo, Jee-yeon (May 10, 2016). "Legacy of LS Group founders creates 'cousinhood' management". The Korea Herald.
  • Official website
  • Business data for LS Corp.:
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