LS Electric Co Ltd - Company Profile
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LS Electric Co Ltd (LS Electric) is a provider of power and automation solutions. The company provides smart transmission, smart distribution, and smart industrial automation solutions. LS Electric also provides maintenance and installation services. It serves customers in power and industrial sectors across Asia Pacific, Europe, North America and other regions. The company has R&D and production facilities in China and South Korea. LS Electric is headquartered in Anyang, Seoul, South Korea.
LS Electric Co Ltd premium industry data and analytics
Products and Services
Products | Services |
---|---|
Smart Power Transmission: | EPC Sservices |
Smart Grid | Maintenance and Installation 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 |
---|---|---|
2024 | Contracts/Agreements | In March, the company announced a collaboration with LG Electronics to cooperate in the smart factory business. |
2024 | Corporate Changes/Expansions | In February, LS e-Mobility Solutions opened a new manufacturing plant in Mexico focused on producing safety components for electric vehicles. |
2024 | Contracts/Agreements | In January, the company secured a contract worth approximately US$90 million to deliver power equipment to a new renewable energy site in the US. |
Competitor Comparison
Key Parameters | LS Electric Co Ltd | WEG SA | Omron Corp | DAIHEN Corp | Nissin Electric Co Ltd |
---|---|---|---|---|---|
Headquarters | South Korea | Brazil | Japan | Japan | Japan |
City | Anyang | Jaragua Do Sul | Kyoto-Shi | Osaka-Shi | Kyoto-Shi |
State/Province | Seoul | - | Kyoto | Osaka | Kyoto |
No. of Employees | 3,493 | 40,793 | 28,034 | 3,732 | 5,183 |
Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Ja Gyun Gu | Chairman; Co-Chief Executive Officer | Executive Board | 2005 | 65 |
Dong Hwi Gu | Co-Chief Executive Officer; Director; Vice President | Executive Board | 2023 | 40 |
Dong Hyeon Kim | Co-Chief Executive Officer; Director; Vice President | Executive Board | 2023 | 60 |
Sang Beom Lee | Assistant Managing Director; Chief Financial Officer | Senior Management | 2023 | 58 |
Jong Wu Kim | Chief Operating Officer; President | Senior Management | 2022 | 62 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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