LS Group

Last updated
LS Corporation
Type Public
IndustryConglomerate
Founded1936;86 years ago (1936)
Headquarters Anyang, 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

Contents

(Chairman, E1)
Revenue US$25.18 billion (2010) [1]
US$775 million (2010)
Total assets US$19.17 billion (2010)
Subsidiaries LS Cable & System
LS Mtron
Website lsholdings.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

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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 .