LS Overview

History

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History

2005~2010
New name,new start,new advance
Renamed 'LS' along with LG Cables group in March 14, 2005, we set up the management philosophy as 'Always with our customers', and the mid and long term management goal as 'Excellent quality and product development power'.
We plan to be the Korea's first enterprise, the World's first enterprise, and future-leading enterprise through Total Solution system industry based on IT technology growing out of simple device manufacture.
(LG Group was divided into LG Group focusing on electronics and chemistry, GS Group focusing on oil refining and construction, and LS Group focusing on cables and industrial systems.)

 

Sep.2010 Ground-breaking ceremony for the HVDC factory in Busan which was to be built first-ever in the country

Sep.2010 Won Best Brand Award Trusted by Consumers in Smart Grid section

Aug.2010 Cheongju and Cheonan LS Center obtained Greenhouse Gas Inventory Certification

Jul.2010 LS R&D Center opened in Beijing, China

May.2010 Get the largest number of Green Certification as the first company in Korea

Apr.2010 Establishment of factory in Busan

Apr.2010 Establishment of LS Metal

May.2010 Establishment of LS Hukai Electric

May.2010 Establishment of LS Sauter
Jun.2009 Underwriting agreement of METRONIX.CO.,LTD.

Jun.2009 Establishment of LS Power Semitech J/V

Apr.2009 Incorporation of PLANET INT
Nov.2008 Groundbreaking Ceremony for Busan Factory
Oct.2008 Opening of China R&D Center in Shanghai

Sep.2008 Recipient of Best Korean Company Award
(selected as the best company in the industry)

May. 2008 New Vision“Innovators of Innovation”(2015) Announced
Sep.2007 Recipient of Korean Quality Grand Award

Oct.2008 Agreement reached on joint development of intelligent power chip modules with Semikron, Germany

Feb.2007 Founding of LS Industrial Systems (ME) FZE in Dubai, UAE
Nov.2006 Recipient of Korean Quality Grand Award

Mar.2006 RFID Tag Production Line Launched
Sep.2005 Establishment of Electric & Automation Equipment factory in Wuxi China

Mar.2005 Company name changed to LS Industrial Systems, Co., Ltd