LS Cable & System

LS Cable & System Ltd.
legal form	Limited
founding	May 1962
Seat	Anyang , South Korea
management	Ja-Yeop Koo (Chairman & CEO); Ja-Eun Koo (President & CEO);
Number of employees	9168 (2011)
sales	$ 7.67 billion (2011)
Branch	electric wire
Website	www.lscns.com

LS (Leading Solution) Cable & System, Ltd. ( Korean : LS 전선, 엘에스 전선) is a Jaebeol (conglomerate) from South Korea and the largest cable manufacturer in the country and one of the largest manufacturers in the world . LS Cable & System is thus one of the companies with the highest market value in Korea . LS Cable & System is a manufacturer of cables and systems for power distribution in the low-voltage, medium-voltage and high-voltage segments (including submarine cables ) as well as for data transmission.

LS Cable & System (short: LS C&S) is headquartered in Anyang , South Korea and has nine domestic factories, including six in Gumi , two in Donghae and one in Anyang. LS C&S also has nine other factories in China, Malaysia, Vietnam and India.

LS C&S also owns Superior Essex , an enamelled copper wire and data cable manufacturer with 21 factories across North America, Europe and China. LS C&S sales offices are located in Asia, Europe, the Middle East, Africa and America. The Korean manufacturers JS Cable, Gaeon Cable, Pountek, Global Cable Incorporated, Kospace and Alutek also belong to LS C&S.

LS Tower, headquarters of LS Cable & System in Anyang , South Korea

history

LS-Cable sticker showing the renaming from LG Cable to LS Cable

LS Cable & System was founded in May 1962 as Korea Cable Industry, but then became Goldstar Cable in January 1969 and was later known as LG Cable until November 2003 as part of the LG (LG = Lucky Goldstar) Group. In March 2005 LS Cable & System became an independent cable company under the name LS Cable as part of the newly established LS Group . In June 2008, LS Cable & System Superior bought Essex , an enamelled copper wire manufacturer based in Atlanta , USA, for approximately $ 900 million to expand its influence in North America and Europe. In March 2011, LS Cable was renamed LS Cable & System.

On April 2, 2014, the European Commission fined eleven manufacturers a total of almost 302 million euros in a cartel for high-voltage energy cables (underground cables and underwater cables). LS Cable received a fine of around € 11.35 million.

Products

Power cables and systems

345 kV high voltage cables from LS Cable & System, manufactured in Gumi , South Korea

Low Voltage, Medium Voltage, High Voltage & Extra High Voltage Power Distribution Cables & Systems
Submarine cables, accessories, systems, technical planning, installation & commissioning
Industrial and special cables & systems
Overhead line
Busduct and accessories

Telecommunication cables, components and solutions

Fiber optic, fiber optic cable
Components and devices
LAN cable, radio cable
FTTH, system integration

Integrated modules and cables

Industrial cables & modules
Automotive cables & solutions
Shrink tubing components
High voltage plug

Industrial material

Wire rod manufactured by LS Cable & System in Gumi , South Korea

Wire rod
aluminum
Rubber floors

Enamelled copper wire and copper data transmission cable

Enamelled copper wire
Copper data cable

subsidiary company

Asia

China: LSHQ (75.1% owned by LS C&S) in Yichang , LSIC (100%) in Beijing , Shanghai , Guangzhou and Xi'an , LSCNST (87.5%) in Tianjin , LSCNSW (100%) in Wuxi
India: LSCNSD in New Delhi , LSCNSI (100%) in Haryana
Japan: LSCNSJ in Tokyo
Korea: JS Cable (69.9%), Gaeon Cable, Pountek (100%), Global Cable Incorporated (98.2%), Kospace (99.2%) and Alutek (100%)
Malaysia: LSCNSM (100%) in Penang
Vietnam: LS-VINA Cable & System (84.8%) in Haiphong , LSCNSV (100%) in Ho Chi Minh City