![]() | |
Type | Public |
---|---|
Industry | Conglomerate |
Founded | 1936 |
Headquarters | Anyang, South Korea |
Key people | Ja Eun Koo (Chairman, LS Group) Christopher Koo (Chairman & CEO, LS Corp.) 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.
Otis Worldwide Corporation is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment.
LG Electronics Inc. is a South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a part of LG Corporation, the fourth largest chaebol in South Korea, and often considered as the pinnacle of LG Corp with the group's chemical and battery division LG Chem. It comprises four business units: home entertainment, mobile communications, home appliances & air solutions, and vehicle components. LG Electronics acquired Zenith in 1995 and the largest shareholder of LG Display, world's largest display company by revenue in 2020. LG Electronics is also the world's second largest TV manufacturer behind Samsung Electronics. The company has 128 operations worldwide, employing 83,000 people.
Electrical wiring is an electrical installation of cabling and associated devices such as switches, distribution boards, sockets, and light fittings in a structure.
GoldStar was a South Korean electronics company established in 1958. The corporate name was changed to LG Electronics and LG Cable on February 28, 1995, after merging with Lucky Chemical. LG Cable was spun off from LG Electronics and changed its name to LS Cable in 2005.
GS Group is a South Korean conglomerate. GS comprises GS Holdings, subsidiaries & affiliates including GS Caltex, GS Retail, GS Shop, GS EPS, GS Global, GS Sports and GS E&C among others. The asset size is 65.4 trillion KRW at the end of 2019 placing GS as the 8th largest chaebol in Korea excluding the public business companies.
LS Mtron Co., Ltd. is a South Korean heavy machinery and electronic components manufacturer company headquartered in Anyang, Gyeonggi, South Korea. Its products include tractors, injection molding machines, and electronic components. LS Mtron is a member of LS Group, which was spun off from LG Group in 2003.
LS Cable & System is a South Korea-based industrial corporation with global operations and one of the biggest cable manufacturers worldwide. Its products comprise power and telecommunication cables and systems, as well as integrated modules and other related industrial materials. LS Cable & System furthermore provides engineering services, installation and commissioning of high voltage and extra high voltage landlines as well as turnkey submarine cabling project execution.
TYM CORPORATION is a South Korean agricultural machinery manufacturing company headquartered in Seoul, South Korea with operations in more than 40 countries. The company began in 1951, founded in Busan, South Korea, as the Tong Yang Moolsan and was renamed "TYM" in 2020. TYM designs, produces, and sells tractors, combines, cultivators, rice transplanters and diesel engines.
Korea Electric Power Corporation, better known as KEPCO or Hanjeon, is the largest electric utility in South Korea, responsible for the generation, transmission and distribution of electricity and the development of electric power projects including those in nuclear power, wind power and coal. KEPCO, through its subsidiaries, is responsible for 93% of Korea's electricity generation as of 2011. The South Korean government owns a 51.11% share of KEPCO. Together with its affiliates and subsidiaries, KEPCO has an installed capacity of 65,383 MW. On the 2011 Fortune Global 500 ranking of the world's largest companies, KEPCO was ranked 271. KEPCO is a member of the World Energy Council, the World Nuclear Association and the World Association of Nuclear Operators. As of August 2011, KEPCO possesses an A+ credit rating with Fitch Ratings, while Moody's has assigned KEPCO an A1 stable rating.
YESCO is a privately owned manufacturer of electric signs based in Salt Lake City, founded by Thomas Young in 1920. The company provides design, fabrication, installation and maintenance of signs.
Sumitomo Electric Industries, Ltd. is a manufacturer of electric wire and optical fiber cables. Its headquarters are in Chūō-ku, Osaka, Japan. The company's shares are listed in the first section of the Tokyo, Nagoya Stock Exchanges, and the Fukuoka Stock Exchange. In the period ending March 2021, the company reported consolidated sales of US$26,5 billion.
ILJIN Group is a Korean chaebol (conglomerate).
Elsewedy Electric Co S.A.E. is an Egyptian multinational electrical company. It was founded in 1938 by the Elsewedy family.
Furukawa Electric Co., Ltd. is a Japanese electric and electronics equipment company.
Hanwha Group is a large business conglomerate (chaebol) in South Korea. Founded in 1952 as Korea Explosives Co., the group has grown into a large multi-profile business conglomerate, with diversified holdings stretching from explosives, their original business, to retail and financial services. In 1992 the company adopted its abbreviation as its new name: "Hanwha".
Kodenshi AUK Group is a conglomerate of two companies, Kodenshi Corporation based in Kyoto, Japan and AUK Corporation based in Iksan, South Korea.
Superior Essex is the parent brand of Essex Furukawa Magnet Wire, Superior Essex Communications, and Essex Brownell. It has over 3,000 employees in 11 countries. Essex is among the leading global manufacturers of magnet wire. It is active in the electrification of the automotive, energy, and industrial sectors.
LG Household & Health Care is a major South Korean consumer goods company that manages cosmetics, household goods, and beverages business. It is also the South Korean bottler of the Coca-Cola system.
LG Corporation (Korean: 엘지), formerly Lucky-Goldstar from 1983 to 1995, is a South Korean multinational conglomerate founded by Koo In-hwoi and managed by successive generations of his family. It is the fourth-largest chaebol in South Korea. Its headquarters are in the LG Twin Towers building in Yeouido-dong, Yeongdeungpo District, Seoul. LG makes electronics, chemicals, and telecommunications products and operates subsidiaries such as LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LG Chem, and LG Energy Solution in over 80 countries.
Koo Cha-kyung was a South Korean business executive. He was the chairman of LG Group from 1970 until his retirement in 1995. He took the company public in 1970 and was chairman during the company's growth from 26 billion won to 30 trillion won.