- Business
- LS Corp. (006260.KS), founded in 1936 and headquartered in Seoul, South Korea, serves as the holding company of the LS Group, overseeing subsidiaries engaged in electric power, automation, machinery, materials, and energy businesses primarily in South Korea and internationally across regions including North America, Europe, Asia, and the Middle East. The company offers electric power transmission and distribution products such as power and telecommunication cables, switchgears, switchboards, electronic meters, and extra-high-voltage transformers; industrial automation solutions including AC drives, inverters, and programmable logic controllers; energy distribution services encompassing LNG and LPG; materials like electronic copper cathodes, copper rods, precious metals, and rare metals; and machinery components such as agricultural tractors exported to over 40 countries, injection molding systems, and magnet wires. Key subsidiaries include LS Cable & System, LS Electric, LS-Nikko Copper, and LS Mtron, targeting industries from renewable energy infrastructure and smart grids to global agriculture and base materials for future technologies. Recent developments feature a 150 billion won investment announced in November 2025 to expand LS Cable & System's submarine power cable manufacturing facility in the United States; LS Electric's acquisition and capacity expansion of KOC Electric in 2025, tripling ultra-high-voltage transformer production; and Essex Solutions' full vertical integration of magnet wire operations following the April 2024 buyout of Furukawa Electric's stake, alongside preparations for a potential Nasdaq IPO in 2025.