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LS Group

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LS Corporation
Company typePublic
IndustryConglomerate
Founded1936; 88 years ago (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 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 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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