LS Group

{{short description|South Korean conglomerate}}

{{Infobox company

| logo = LS logo.svg

| logo_size = 150px

| name = LS Corporation

| type = Public

| foundation = {{start date and age|1936}}

| location = Anyang, South Korea

| subsid = LS Cable & System
LS Mtron

| 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)

| industry = Conglomerate

| assets = US$19.17 billion (2010)

| revenue = US$25.18 billion (2010) Based upon a KRW=USD exchange rate of 1,100KRW per USD, the spot rate as of December 31, 2010.

| net_income = US$775 million (2010)

| homepage = [http://lsholdings.com/en/main/index.asp lsholdings.com]

}}

LS Group is a South Korean chaebol (conglomerate) mostly in electrics, electricity, materials and energy sectors.{{cite news |author= |date=November 11, 2012 |title=Koo Ja-yeol selected as chairman of LS Group |url=https://en.yna.co.kr/view/AEN20121111000600320 |work=Yonhap |location=Seoul |access-date=}} 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.{{cite news |last=Seo |first=Jee-yeon |date=May 10, 2016 |title=Legacy of LS Group founders creates 'cousinhood' management |url=https://www.koreaherald.com/view.php?ud=20160510001012 |work=The Korea Herald |location= |access-date=}}

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) (LSITC, 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)
  • LS Networks (Prospecs)
  • YESCO HOLDINGS (YESCO, YESCO Service, Daehan GM, Hansung Group)
  • LS I&D (Superior Essex)

See also

References

{{reflist}}