LS Electric Co Ltd - Company Profile
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LS Electric Co Ltd (LS Electric) is engaged in the development and provision of power supply technology and automation solutions. The company's main activities include offering power devices, systems, and solutions necessary for electricity transmission and supply, as well as automation solutions for industrial operations. LS Electric's major products and services encompass Smart Power Solutions, Smart Automation Solutions, and Smart Railway Solutions. It also provides maintenance and installation services. The company's products are utilized by customers across various industries, including energy, industrial automation, and transportation, to enhance efficiency and safety. LS Electric operates through a global network of subsidiaries and branches, facilitating distribution and support for its products worldwide. The company markets its products in China, the Middle East, and Southeast Asia. LS Electric is headquartered in Anyang-si, Gyeonggi-do, South Korea.
LS Electric Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Smart Power Transmission: | Maintenance and Installation Services |
| Smart Grid | EPC Services |
| Transformers | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In April, LS Power Solution secured a contract to deliver ultra-high voltage transformers in North America for an AI data center power infrastructure project. |
| 2026 | Contracts/Agreements | In March, the company collaborated with Daegu City to expand a Korea- AI factory. |
| 2026 | Contracts/Agreements | In January, the company secured a contract to supply extra-high-voltage transformers to a European renewable energy firm. |
Competitor Comparison
| Key Parameters | LS Electric Co Ltd | WEG SA | Omron Corp | DAIHEN Corp | Iljin Electric Co Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | Brazil | Japan | Japan | South Korea |
| City | Anyang | Jaragua Do Sul | Kyoto | Osaka | Hwaseong |
| State/Province | South Hamgyong | Santa Catarina | Kyoto | Osaka | - |
| No. of Employees | 3,493 | 47,529 | 26,614 | 4,606 | - |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ja-Kyun Koo | Chairman; Chief Executive Officer | Executive Board | 2005 | - |
| Dong-Whi Koo | Executive Director-Vision Management | Senior Management | 2023 | 44 |
| Dong-Hyun Kim | Executive Director-ESG | Senior Management | 2022 | - |
| Song Won-ja | Director | Non Executive Board | 2022 | 57 |
| Choi Jong-won | Director | Non Executive Board | 2020 | 68 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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