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LS Group

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South Korean conglomerate
LS Corporation
Company typePublic
IndustryConglomerate
Founded1936; 88 years ago (1936)
HeadquartersAnyang, South Korea
Key peopleJa 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)
Net incomeUS$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. 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.

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)
  • YESCO HOLDINGS (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.

External links

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Business Groups with a total asset exceeding 0.5% of the nominal GDP for 2024, as designated by KFTC
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