- CEO
- Young-Ho Hong
- Full Time Employees
- 122
- Sector
- Electronic technology
- Industry
- Electronic components
- Address
- Anyang-si South Korea
- IPO Date
- Dec 12, 2023
- Business
- LS Materials Co., Ltd. is a South Korea-based manufacturer of advanced energy storage devices and engineered aluminum materials, specializing in medium- and large-sized ultracapacitors and high-strength industrial components for clean energy, transportation, and digital infrastructure. The company operates through three principal business segments: Ultracapacitors, Aluminum Materials, and Landscape Materials. Its core product and service portfolio includes medium- and large-scale ultracapacitor (supercapacitor) cells and multi-cell modules; LS UltraGrid megawatt-level grid stabilization and power management systems; rapid-response power spike mitigation and uninterruptible power supply (UPS) modules for artificial intelligence (AI) data centers; pitch control and auxiliary power storage units for wind turbines and photovoltaic systems; energy recapture and rapid-charging power packs for automated guided vehicles (AGVs), rail transit, and heavy machinery; high-strength aluminum billets, rods, and custom extruded profiles; lightweight electric vehicle (EV) battery housing enclosures and structural frame components; desulfurization canisters and modules for hydrogen fuel cell power systems; and civil engineering products comprising modular aluminum bridges and highway soundproof acoustic barrier frames. Headquartered in Anyang-si, Gyeonggi-do, South Korea, and operating production facilities in Gumi, the company was incorporated in 2021 following a spin-off of the ultracapacitor division from LS Mtron Co., Ltd., building upon research and development initiatives established in 2002 under LG Cable. LS Materials operates as a subsidiary of LS Cable & System Ltd. within the LS Group and serves commercial, industrial, utility, and automotive clients across South Korea, North America, Europe, and Asia. In recent strategic and operational developments, LS Materials completed its initial public offering on the KOSDAQ market in December 2023 under the ticker symbol KRX:417200. The company established HAIMK Co., Ltd., a joint venture with Austria-based Hammerer Aluminium Industries (HAI), and completed construction of a specialized automated aluminum extrusion manufacturing facility in Gumi in 2025 to scale production of lightweight EV battery pack components. Furthermore, the company expanded its technological footprint into AI computing infrastructure by commercializing specialized power stabilization ultracapacitors, entering a power management partnership with Vertiv Korea, and initiating deliveries of hydrogen fuel cell desulfurization equipment modules to North American data centers through its subsidiary LS Alsco Co., Ltd., alongside securing ultracapacitor component contracts for advanced clean energy and nuclear fusion demonstration initiatives.