LS Group

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 Industrial Systems (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-Yol Koo (Chairman & CEO, LS Corp.)
Ja-Yub Koo (Chairman & CEO, LS Cable & System)
Ja-Hong Koo (Chairman & CEO, LS-Nikko Copper)
RevenueUS$25,175 million (2010) [1]
US$775 million (2010)
Total assetsUS$19,170 million (2010)
SubsidiariesLS Cable, LS Industrial Systems, LS-Nikko Copper, LS Mtron
Websitelsholdings.com
LS Group
Hangul
LS그룹
Revised RomanizationLS Geurup
McCune–ReischauerLS Kŭrup

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".

Group families
  • LS Corp
    • LS Cable & System (LS Cable & System, GCI, Alutek, Pountek, Kospace, LS Global, etc.)
      • Gaon Cable (Gaon Cable, Weduss)
    • LS Industrial Systems (Formerly 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 (LS Mtron, Daesung Electric/Deltech, Casco, Nongaon Gyeongju, Nongaon Pyeongtaek)
      • LS Tractor
  • E1 (E1, E1 Logistics, E1 Container Terminal, Dongbang City Gas)
  • 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
  1. Based upon a KRW=USD exchange rate of 1,100KRW per USD,the spot rate as of December 31, 2010.


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