 | |
| Company type | Public |
|---|---|
| Industry | Conglomerate |
| Founded | 1936 |
| Headquarters | Anyang, South Korea |
Key people | Ja Eun Koo (Chairman, LS Group)
Christopher Koo (Chairman & CEO, LS Corp.) |
| 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]
- ^ Based upon a KRW=USD exchange rate of 1,100KRW per USD, the spot rate as of December 31, 2010.
- ^ "Koo Ja-yeol selected as chairman of LS Group". Yonhap. Seoul. November 11, 2012.
- ^ Seo, Jee-yeon (May 10, 2016). "Legacy of LS Group founders creates 'cousinhood' management". The Korea Herald.