LS Eco Energy discusses cooperation on rare earth supply chain with Vietnamese government

2025-05-23

Photograph) Koo Bon-kyu, CEO of LS Cable & System (right), and Nguyen Hoang Long, deputy minister of industry and trade, at a meeting held at the Ministry of Industry and Trade in Hanoi, Vietnam, on the 22nd ■ LS Eco Energy meets with Vietnam's…

LS Cable & System strengthening ASEAN strategy as CEO Koo Bon-kyu attends Eric Trump’s dinner

2025-05-22

Photograph) Koo Bon-kyu, CEO of LS Cable & System (fourth from the left) and Le Manh Hung, Chairman of PetroVietnam (third from the left), at a meeting held at the PetroVietnam headquarters on the 21st. ■ Intensive discussion of HVDC submarine…

LS Materials establishes Asia’s first high-strength aluminum parts mass production system

2025-05-15

Photograph) Rob Van Gils, CEO of HAI, Yang Geum-hee, Vice Governor of Economic Affairs of Gyeongsangbuk-do, Koo Bon-gyu, CEO of LS Cable & System, and Kim Jang-ho, Mayor of Gumi (from the fourth left), at the completion ceremony of LS Materials'…

LS Marine Solutions records record-high Q1 sales

2025-05-08

Photograph) LS Marine Solution's cable laying vessel GL2030 ■ Sales increased by 225%, reflecting achievement of cable laying in Jeonnam offshore wind power project ■ LS Marine Solutions signs KRW 22.7 billion contract for offshore wind power in…

LS Eco Energy achieves record-high Q1 performance

2025-05-07

Photograph) LS Eco Energy's Vietnamese production corporation ■ Best-ever Q1 sales, operating profit and net income ■ Continued recovery of domestic demand in Vietnam, exports of ultra-high voltage cables to Europe ■ LS Eco Energy responding…

LS Cable & System wins Supply Chain Advancement Award at IPF 2025, North America’s largest offshore wind power conference

2025-05-01

Photograph) Koo Bon-kyu, CEO of LS Cable & System, gives the keynote speech at the IPF 2025 opening ceremony. ■ Koo Bon-kyu, CEO of Korea’s first award winner LS Cable & System, presents company’s long-term vision in keynote speech…

LS Cable & System begins construction of largest submarine cable plant in U.S., marking first investment by Korean company during Trump's second term

2025-04-29

Photograph 1) Glenn Youngkin, Governor of Virginia, Koo Bon-gyu, CEO of LS Cable & System, and Rick West, Mayor of Chesapeake (from fifth right), take photos at the LS GreenLink groundbreaking ceremony held in Chesapeake, Virginia, on the 28th…

LS Marine Solutions enters Taiwan offshore wind power market with first overseas power grid order

2025-04-28

Photograph) LS Marine Solutions' submarine cable laying vessel Miraero ■ Company signs contract to lay submarine cable worth KRW 22.7 billion in first overseas power grid project ■ First overseas expansion of Korea's submarine cable layer expected…

LS Eco Energy completes cable supply to solar power plant in Philippines

2025-04-16

Photograph) Interior facilities of LS-VINA, LS Eco Energy's Vietnamese production subsidiary ■ Following wind power project, solar power project further expands company's infrastructure portfolio in Southeast Asia ■ Accelerates push into Southeast…

LS Eco Energy to accelerate Southeast Asia's eco-friendly power grid by supplying cables to Philippine wind farm

2025-04-11

Photograph) LS-VINA, LS Eco Energy's Vietnamese production corporation ■ LS-VINA to supply MV power cables to Kalayaan 2 project in Philippines ■ Market expected to grow as Philippines plans to increase share of renewable energy to 50% by 2040…

LS Cable & System wins KRW 200 billion ultra-high voltage cable project in Singapore

2025-04-10

Photograph) An employee of LS Cable & System tests an ultra-high voltage cable at the company’s Gumi plant. ■ Project to be carried out on turnkey basis, from manufacturing to laying of underground transmission cables ■ Submarine cable…

LS Cable & System strengthens global competitiveness by producing submarine cables using solar power

2025-04-07

Photograph ) Solar power generation system installed at LS Cable & System’s Donghae plant ■ Solar power generation with scale equivalent to annual power usage of 1,200 households ■ Leading ESG management as first Korean cable manufacturer…

LS Eco Energy to relocate headquarters to Donghae-si, Gangwon-do, to expand submarine cable business

2025-04-03

Photograph) LS Cable & System’s Donghae plant ■ Collaboration with LS Cable & System lays foundation for synergy in submarine cable business  ■ Company plans to expand energy portfolio to focus on renewable energy and offshore wind…

LS Cable & System strengthens quality testing base with KERI agreement to respond to surging HVDC orders

2025-04-01

Photograph) Kim Hyung-won, head of LS Cable & System's Energy/Construction Division (right), and Park Yong-hwan, head of the High Power Evaluation Division at the  Korea Electrotechnology Research Institute (KERI) headquarters in Changwon,…

LS Marine Solution to rebuild submarine cable laying vessel GL2030 into largest in Korea

2025-03-26

Photograph) LS Marine Solution's cable laying vessel GL2030 ■ LS Marine Solution plans to strengthen large-scale submarine cable laying capabilities by doubling loading capacity ■ Plans to secure competitiveness to win large-scale offshore wind power…

LS Cable & System to expand offshore wind power business with subsidiaries

2025-03-24

Photograph) LS Materials employees explain exhibited products to visitors at the InterBattery 2025 exhibition hall at COEX on the 5th. ■ LS Cable & System plans to strengthen overall offshore wind power value chain, from submarine cables to…

LS Cable & System signs HVDC supply contract with UK National Grid

2025-03-14

Photograph) Lee Sang-don, director of LS Cable & System's European Regional Division (right), signs an HVDC framework contract with National Grid officials. ■ Contract guarantees opportunity to participate in 40 trillion won submarine and…

LS Eco Energy begins supplying power cables to largest IDC in Philippines, taking its first step into IDC power grid market

2025-03-10

Photograph 1) Panoramic view and interior facilities of LS-VINA   Photograph 2) LS Eco Energy's production corporation in Haiphong, Vietnam ■ Vietnamese subsidiary LS-VINA plays leading role in entering Southeast Asian IDC market ■ Growth…

LS Cable & System and LS Eco Energy to enter US solar power market with first supply of aluminum power cables

2025-03-06

Photograph) LS-VINA, LS Eco Energy's production company in Vietnam ■ US EPC company to import cables for solar power plants ■ Manufacturers plan to expand exports of telecommunication cables, power cables and more to U.S. ■ LS Eco Energy expects…

LS Materials to unveil new products for AIDC, renewable energy, and electric vehicles at InterBattery 2025

2025-03-05

Photograph) LS Materials employees explain exhibited products to visitors at the InterBattery 2025 exhibition hall at COEX on the 5th. ■ AIDC power stabilization solution based on ultra-fast charging/discharging capability and high output …

LS Eco Energy Strengthens Cooperation for Submarine Cable Project in Vietnam

2025-02-27

Photograph) Aerial View of the Vietnam Submarine Cable Factory Planned by PTSC and LS Eco Energy ■ Cooperating with Vietnamese state-owned energy company for establishment of submarine cable supply chain  ■ Planning to participate in Vietnam…

LS Eco Energy Strengthens Cooperation with Vietnam for Rare Earth and Electric Power Infrastructure

2025-02-25

Photograph) LS Cable & System CEO Bon-kyu Koo, LS Eco Energy CEO Sang-ho Lee, LS Marine Solution CEO Byeong-ok Kim, Vietnamese Industry and Trade Minister Nguyen Hong Dien and related officials take a photo at a meeting for “strengthening…

LS Cable & System and LS Marine Solutions sign MOU with UK's Balmoral Comtec for floating offshore wind farm project

2025-02-13

Photograph)  Koo Bon-kyu, CEO of LS Cable & System, Bill Main, CEO of Balmoral Comtec, and Kim Byung-ok, CEO of LS Marine Solution (from left), attend the signing ceremony for the MOU for cooperation on a floating offshore wind power project…

LS Materials receives bronze rating from global ESG rating agency

2025-02-12

Photograph) LS Materials CI and EcoVadis’ bronze rating mark ■ Global competitiveness enhanced with high scores in all ESG areas including environment, labor, and ethics ■ Accelerating entry into AIDC and renewable energy power stabilization markets…

LS Eco Energy achieves best-ever performance

2025-02-05

Photograph) Panoramic view of LS Eco Energy’s production plant in Vietnam ■ All-time highs in sales, operating profit, and net profit ■ Exports of ultra-high voltage cables and communication cables to Europe and United States drive growth…

LS Marine Solutions accelerates growth based on highest ever sales

2025-02-03

Photograph 1) GL2030, a cable laying vessel owned by LS Marine Solution Photograph 2) LS Marine Solutions CI     ■ Sales surge 84%, reflecting performance of cable construction for Jeonnam Offshore Wind Power Project ■ Expecting to…

LS Marine Solutions to expand domestic and international subsea businesses in line with relocation of headquarters

2025-01-22

Photograph 1) (From the far right) Koo Bon-kyu, CEO of LS Cable & System/LS Marine Solutions, Kim Byeong-ok, CEO of LS Marine Solutions, Kim Hyeong-won, head of the Energy/Construction Division of LS Cable & System, and Lee Sang-ho, CEO…

Gaon Cable accelerates leap to global company with highest recorded sales

2025-01-20

Photograph 1) Panoramic view of Gaon Canle's Gunpo factory in Gyeonggi Province Photograph 2) Gaon Canle's CI  ■ Sales of KRW 1.6469 trillion recorded in 2024, up 10% year-on-year, showing continuous growth for 5 consecutive years…

LS Cable & System leads power grid innovation with successful completion of Jeju-Mainland Submarine Cable Connection Project 3

2024-12-06

Photograph) Kim Dong-cheol, president of KEPCO (third from the left) and Kim-Hyeong-won, head of the Energy/Construction Division of LS Cable & System, receive appreciation plaques at the completion ceremony for the Wando-Jeju Submarine Cable Construction…

LS Materials releases LS UltraGrid, leads power stabilization market

2024-11-29

Photograph) CEO Hong Young-ho (fourth from the left), chief operating officer (COO) Lee Hee-young and other executives of LS Materials take a commemorative photo at the LS UltraGrid First Shipment Ceremony held at Intec FA (partner) in Yongin-si, Gyeonggi-do,…

LS Marine Solutions completes construction of submarine cable for Jeonnam offshore wind farm

2024-11-26

Photograph) GL2030, a cable laying vessel owned by LS Marine Solution     ■ First completed offshore wind farm project demonstrates technical prowess and construction capabilities  ■ Jeonnam Offshore Wind Power Complex 1 takes first…

LS Marine Solution-LS Cable & System selected as preferred bidder for Taean Offshore Wind Power Submarine Cable Project

2024-11-21

Photograph) Koo Bon-gyu, CEO of LS Cable & System/LS Marine Solution (left), and Jeong Gwang-jin, CEO of Taean Wind Power Co., Ltd., take a commemorative photo at the ceremony for selecting the preferred bidder for the Taean Offshore Wind Power Submarine…

LS Cable & System signs letter of intent for cooperation with CIP on Korea's largest floating offshore wind farm project

2024-11-20

Photograph) Koo Bon-kyu, CEO of LS Cable & System (left), and Jonathan Spink, CEO of Haewoori Offshore Wind Co., Ltd., pose for a commemorative photo at the signing ceremony for the ‘Letter of Intent for Cooperation on the Haewoori 3 Offshore…

Gaon Cable acquires 100% stake in cable production company to strengthen US localization strategy

2024-11-19

Photograph) Panoramic view of LSCUS USA  ■ To acquire 82% of LSCUS shares owned by LS Cable & System, expand overseas business centered on North America ■ To secure new growth engines with high-voltage and submarine cables, targeting sales…

LS Cable & System-LS ELECTRIC win CES Innovation Award for innovative future superconductivity technology

2024-11-15

Photograph) Schematic diagram of LS Cable & System – LS Electric’s “Superconductivity Solution for IDCs” ■ World's first IDC solution combining superconducting cable and fault current limiter wins two awards ■ Transmits…

LS Cable & System signs MOU with Equinor for cooperation on world's largest floating offshore wind power project

2024-11-06

​ Photograph 1) Koo Bon-kyu, CEO of LS Cable & System (center), Torgeir Nakken, general director of Equinor (left), and Embret Jonsgaard, purchasing director of Equinor, take a commemorative photo after signing an MOU for cooperation on the…

LS Eco Energy achieves highest ever results for 3 consecutive quarters

2024-10-17

Photograph 1) Panoramic view of LS Eco Energy’s production plant in Vietnam Photograph 2) LS Eco Energy CI   ■ Year-on-year increase of 33% in sales, 14% in operating profit and 227% in net profit ■ Exports of high-voltage…

Sales and operating profit nearly double in Q3, leading to highest ever quarterly profit

2024-10-15

Photograph 1) GL2030, a cable laying vessel owned by LS Marine Solution Photograph 2) LS Marine Solutions CI     ■ Sales and operating profit grew 86% and 77% year-on-year, respectively ■ Jeonnam offshore wind power project and overseas…

LS Cable & System becomes first global cable company to obtain international compliance management certification

2024-10-10

Photograph) Kim Byeong-ok, CSO and head of LS Cable & System's Management Support Division (right), and Lim Seong-hwan, CEO of BSI Korea, take a commemorative photo at the ISO 37301 certification ceremony held at LS Cable & System's…

LS Marine Solution to acquire LS Buildwin for launch as professional cable installer

2024-10-07

Photograph 1) GL2030, a cable laying vessel owned by LS Marine Solution Photograph 2) LS Marine Solutions CI     ■ Integrating marine and land cable construction capabilities to secure global competitiveness ■ Koo Bon-kyu, CEO of…

LS Materials signs MOU with Vertiv on data center power solutions

2024-09-04

Photograph) Hong Young-ho, CEO of LS Materials (left), and Kim Song-yop, CEO of Vertiv Korea, take a commemorative photo at the IDC Business Cooperation Agreement (MOU) signing ceremony held at LS Materials headquarters in Anyang, Gyeonggi Province…

Gaon Cable acquires G&P, aims to strengthen competitiveness through vertical integration

2024-09-03

Photograph 1) Panoramic view of Gaon Canle's Gunpo factory in Gyeonggi Province Photograph 2) Gaon Canle's CI  ■ Maximizing quality and production efficiency from wire materials to finished products through integrated management …

LS Cable & System announces global submarine cable and IDC solution strategy on Value-Up Day, declaring goal of ’KRW 10 trillion in sales by 2030’

2024-09-05

Photograph 1) Koo Bon-kyu, CEO of LS Cable & System, gives a welcoming speech at the Value-Up Day event held on the 5th at FKI Tower in Yeouido, Seoul. Photograph 2) Attendees at the Value-Up Day event held on the 5th at FKI Tower in Yeouido,…

LS Cable & System aims to enter hydrogen value chain by promoting domestic production of non-metallic hydrogen pipes

2024-08-27

Photograph) LS Cable & System's R&D Lab ■ Aiming to secure hydrogen transport safety, maximize construction efficiency, and reduce construction costs ■ To enhance safety with real-time diagnostic technology based on optical cables ■ To provide…

LS Cable & System and LS Electric showcase latest electricity technology at world's largest electric systems exhibition

2024-08-26

Photograph) Visitors looking at the LS Cable & System/LS Electric exhibition booth at the International Council on Large Electric Systems (CIGRE) held in Paris, France, on the 25th (local time). ■ Companies to attend CIGRE 2024 in France from 25th…

LS Cable & System and LS Eco Energy sign MOU with Export-Import Bank of Korea to accelerate rare earth and electric drive systems business

2024-08-25

Photograph) A commemorative photo taken after the signing of the ‘Business Agreement for Fostering the Rare Earth and Electric Drive Industry’ at the head office of the Export-Import Bank of Korea in Seoul on the 23rd. From right, Koo Bon-kyu,…

LS Eco Energy to supply ultra-high voltage cables for urban development in Vietnam

2024-08-22

Photograph 1) Panoramic view of LS Eco Energy’s production plant in Vietnam Photograph 2) LS Eco Energy CI   ■ Cables to be used in airport and industrial complex development projects of Vietnam Electricity (EVN) ■ LS only…

LS Marine Solution incorporates LS Buildwin…under the leadership of Koo Bon-kyu

2024-08-19

Photograph 1) LS Marine Solution’s cable laying vessel GL2030 Photograph 2) LS Marine Solutions CI   ■ Integrating submarine and underground cable construction capabilities, and enhancing expertise and efficiency ■ Securing global…

LS Materials Selected as ‘A Company with Excellent Labor-Management Culture’ by the Ministry of Employment and Labor

2024-08-13

Photograph) Attendees are taking a commemorative photo at the ‘Company with Excellent Labor-Management Culture’ certification ceremony held at the headquarters of LS Materials in Anyang, Gyeonggi-do on the 13th. (From left) Lee Hee-young,…

LS Eco Energy supplies large-scale overhead lines to Vietnam Electricity

2024-08-09

Photograph 1) Panoramic view of LS Eco Energy’s production plant in Vietnam Photograph 2) LS Eco Energy CI   ■ Connecting half of the country, anticipating to resolving power shortage in the north ■ Vietnam's only extra-high…

LS Marine Solution Launches Korea’s First Offshore Wind Power Support Vessel Business

2024-08-08

Photograph 1) Attendees of the business agreement ceremony held at the head office of DFO in Taichung, Taiwan, on the afternoon of the 7th (local time) pose for a photo. From left: LS Eco Energy CEO Lee Sang-ho, LS Marine Solution Head of Business…

LS Cable & System Commences Construction of Bus Duct and Battery Part Plants in Mexico, to Accelerate Entry into North American Market

2024-08-04

Photograph) Attendees of the bus duct plant construction groundbreaking ceremony held at an industrial complex in Corregidora, Queretaro, Mexico, on the 2nd (local time) pose for a photo. From the third from the left: LS EVM Management Director…

LS Cable & System Strengthens Family-friendly Management by Expanding Childbirth and Childcare Support Systems

2024-07-31

Photograph) LS Cable & System employees having a good time with their children Photograph) LS Cable & System employees having a good time with their children ■ To increase monetary gifts for childbirth and shorten working hours during…

LS Cable & System – LS Electric Launches World’s First Superconductivity Solution for IDCs

2024-07-22

Photograph) Schematic diagram of LS Cable & System – LS Electric’s “Superconductivity Solution for IDCs” ■ Superconducting cable and fault current limiter for large-capacity power supply to inner city areas  ■ To strengthen…

LS Eco Energy Achieves Record-high Half-yearly Operating Profit

2024-07-18

Photograph 1) Panoramic view of LS Eco Energy’s production plant in Vietnam Photograph 2) LS Eco Energy CI   ■ Achieved record-high operating profit margin and net profit margin with performance led by exports to Europe…

LS Marine Solution Achieves Record Performance in First Half of Year, Sales Soar with Offshore Wind Power Plant Project

2024-07-16

Photograph 1) LS Marine Solution’s cable laying vessel GL2030 Photograph 2) LS Marine Solutions CI ■ Half-yearly sales doubled year-on-year, quarterly operating profit and net profit turned to surplus  ■ Expects to win large-scale…

LS Cable & System Warns of Legal Action Against Taihan Cable for Alleged Technology Theft

2024-07-15

Photograph) LS Cable & System’s Donghae Plant ■ Taihan Cable & Solution suspected of stealing drawings and layout of submarine cable manufacturing facility  ■ Warned of strong legal action in Korea and abroad if charge is confirmed …

LS Cable & System Achieves Domestic Production of Rigid Bar for Metros

2024-07-11

Photograph) Attendees of the Performance Sharing Meeting for the Domestic Production and Verification of Rigid Bar for Metro held at the head office of the Busan Transportation Corporation in Busan City on the 10th pose for a photo. (From the fourth…

LS Eco Energy Announces Mid to Long-term Strategies for “Growth without a Chasm”

2024-05-30

    Photograph) LS Eco Energy CEO Lee Sang-ho  announcing the company’s mid to long-term growth strategies and vision at the LS Eco Energy Value-up Day event held in Yeouido, Seoul, on the 30th ■ To increase sales by 2.5 times to…

LS Cable & System Building Largest Submarine Cable Plant in U.S. with Investment of Approx. KRW 1 Trillion

2024-07-10

​ Photograph 1) Bird’s-eye view of the plant of LS Greenlink, LS Cable & System’s U.S. subsidiary, in Virginia, U.S.  Photograph 2) The attendants of the governor presentation event held by Hampton Roads Planning District Commission…

LS Eco Energy Accelerating U.S. Power Cable Market Entry by Acquiring UL Certification

2024-07-09

Photograph 1) Panoramic view of LS Eco Energy’s production plant in Vietnam Photograph 2) LS Eco Energy CI     ■ Will expand product lineup for export to U.S., increase exports by providing substitute for Chinese products…

LS Eco Energy Establishes Rare Earths Logistics Hub through Cooperation with Donghae City

2024-07-05

  Photograph) LS Eco Energy CEO Lee Sang-ho (left) and Donghae City Mayor Shim Gyu-eon pose for a photo at the MOU signing ceremony for investment in the port-style free trade zone of Donghae Port held at Donghae City Hall in Gangwon Province…

LS Cable & System to supply submarine cables worth KRW 100 billion to western U.S.

2024-07-02

  Photograph) LS Cable & System is constructing submarine cables at the U.S. offshore wind farm. ■ Following the first supply to the western U.S., additional orders are expected through strengthened cooperation with power grid companies…

LS Cable & System Donates KRW 100 Million to Donghae City for Project to Overcome Low Birth Rates, etc.

2024-07-01

  Photograph) Director Yeo Sang-cheol of the Donghae Plant of LS Cable & System and Donghae City Mayor Shim Gyu-eon pose for a photo at the donation ceremony held at Donghae City Hall on the 1st. ■ Supporting childcare for infants and toddlers…

LS Eco Energy Secures Rare Earth Refining Technology

2024-06-26

  Photograph) LS Eco Energy CEO Lee Sang-ho (right) and Director Jeong Gyeong-wu of the Resource Utilization Division of KIGAM pose for a photo at the business agreement ceremony held on the 25th at KIGAM. ■ Will internalize production technology…

LS Cable & System Supplies Large-scale Power System to Canadian Battery Plant

2024-06-24

​ Photograph) LS Cable & System employees installing bus ducts ■ Will supply bus ducts to plant of NextStar Energy ■ Demand increasing rapidly following construction of EV, battery and semiconductor plant, and IDC ■ Will target global market…

LS Cable & System to supply submarine cables worth KRW 280 billion to the world’s first ‘Artificial Energy Island

2024-06-20

Photograph) A bird's eye view of the world's first artificial energy island, Princess Elizabeth Island ■ A cable supply contract signed with a Belgian electric power company (ELIA) ■ Artificial Energy Island is an ‘energy hub’ that…

LS Materials Launches World’s First Cell-module Integrated UC

2024-06-19

Photograph) CellDule, the first cell-module integrated ultracapacitor (UC) in the world, developed by LS Materials ■ Simplified processes in comparison to existing cell products, price competitiveness secured ■ Volume and weight reduced by at least 30%,…

LS Eco Energy Supplies Large-scale Power System to IDC in Vietnam

2024-06-18

  Photograph 1) An operator inspecting a bus duct at LSCV, LS Eco Energy’s production corporation in Ho Chi Minh City, Vietnam      Photograph 2) LS Eco Energy’s Vietnamese production corporation   ■ Will…

LS Eco Energy starts negotiations on the land for submarine cable project in UK

2024-06-12

Photograph) Lee Sang-ho, CEO of LS EcoEnergy, and Amelia Henning, CEO of GIG are taking a commemorative photo at GIG headquarters in London, England on the 11thafter negotiationsfor leasing the submarine cable project site.  ■As demand for…

LS Cable & System starts in mass production of 525kV HVDC cable for their first time

2024-06-10

Photograph) Kim Hyung-won, Director of LS Cable & System's Energy/Construction Division, Ko Eui-gon, Head of Submarine Cable System Sales Division of LS Cable & System (Managing Director), Johannes Kammer, associate director 2 GW for…

LS Marine Solutions signs MOU with KRISO for exploration and development of seabed resources

2024-06-04

Photograph) Signing ceremony for the ‘MOU on the exploitation and development of seabed resources’. Lee Seung-yong, CEO of LS Marine Solutions (right), and Jeon Bong-hwan, Director of the Marine Public Digital Research Division at the…

LS Cable & System plans to invest KRW 100 billion to expand submarine cable factory in Donghae City

2024-06-03

Photograph) Attendees at the Investment Agreement Ceremony for the Expansion of LS Cable & System’s Factory held at the Gangwon Provincial Office on the 3rd. (From the third left) Gangwon Province Governor Kim Jin-tae, LS Cable & System…

LS Cable & System to build new bus duct factory in Mexico

2024-05-23

Photograph) Participants of the consultation on factory construction held at the governor's office in Queretaro, Mexico, on the 21st (local time). (From the third left) LSCUS CEO Byeon Jeong-il, Queretaro Governor Mauricio Kuri, LSCUS Sales…

LS Eco Energy achieves highest ever Q1 operating profit

2024-04-24

Photograph 1) Panoramic view of LS Eco Energy’s production plant in Vietnam Photograph 2) LS Eco Energy CI ■ Operating profit increased by 84% and net profit by 1,240% year-on-year  ■ Expansion of exporting extra-high voltage…

LS Cable & System accelerates submarine cable business with KRW 136.5 billion in support from U.S. government

2024-04-20

Photograph) LS Cable & System installing submarine cables at an offshore wind farm in the U.S. ■ Green energy & carbon neutrality support plan under IRA announced ■ As investment in U.S. submarine business ramps up, decisions on factory…

LS Materials begins construction of EV parts plant in Gumi, aiming for mass production early next year

2024-04-17

Photograph) Groundbreaking ceremony for HAIMK EV aluminum parts factory held at Gumi National Industrial Complex in Gyeongbuk on the 17th. (From the second left) LS Materials CEO Hong Young-ho, LS Cable & System CEO Koo Bon-kyu, HAI CEO Rob…

LS Materials develops high-power load control system

2024-04-15

​ Photograph) An employee of LS Materials is inspecting the high-power load control system.     ■ Utilizes ultra capacitor (UC) to supply MW-class power in 0.1 seconds ■ Introduces stable power supply system for voltage and frequency fluctuations…

LS Eco Energy supplies high voltage cables to Denmark

2024-04-11

Photograph 1) Panoramic view of LS Eco Energy’s production plant in Vietnam Photograph 2) LS Eco Energy CI ■ For underground power grids connected to North Sea offshore wind farm ■ Started exporting to Denmark in 2017, now ranks…

LS Eco Energy to promote superconducting cable business in Vietnam

2024-04-02

Photograph) Lee Sang-ho, CEO of LS Eco Energy (right), and IE Director Tran Ky Phuc taking a commemorative photo after signing the ‘MOU on a superconducting cable business’ at the Institute of Energy (IE) under Vietnam Energy (EVN) on…

LS Cable & System to begin full-scale production of new copper materials for copper foil

2024-03-25

Photograph)  Park Jong-bae, head of the Jeonbuk headquarters of the Korea Industrial Complex Corporation, Kim Gwan-young, Governor of Jeonbuk Province, Lee Sang-ho, CEO of Korea Future Materials Co.,LTD, and Kang Im-jun, Mayor of Gunsan-si…

LS Eco Energy to supply high voltage cables to Singapore Power

2024-03-05

Photograph) LS Eco Energy's employees producing high-voltage cables. ■ Accelerating business expansion through cooperation with Singapore market leader LS Cable & System ■ Improving performance through increased sales of high voltage cables…

LS Cable & System to establish rare earth magnet JV for electric vehicles

2024-02-14

Photograph 1) Commemorative photo taken at the ‘Permanent Magnet Business Joint Venture (JV) Business Agreement (MOU)’ ceremony held at LS Yongsan Tower in Seoul on the 14th. Lee Sang-ho, CEO of LS Eco Advanced Materials (left), and…

LS Marine Solutions shows highest performance in 22 years, visible synergy with LS Cable & System

2024-01-31

Photograph 1) Submarine cable laying vessel GL2030 of LS Marine Solutions Photograph 2) LS Marine Solutions CI ■ Record-breaking performance in just one year since acquisition of LS Cable & System, establishment of ‘submarine materials…

LS Materials to pursue EV battery parts business in earnest

2024-01-30

Photograph) A scene of officials taking a commemorative photo at the signing ceremony for the ‘Memorandum of Understanding (MOU) on Investment in Aluminum Materials for Electric Vehicles’ held at Gumi City Hall on the 30th. From left,…

LS Eco Energy enters into large purchase contract for rare earth oxides to take lead in supply chain

2024-01-10

Photograph) A scene of officials taking a commemorative photo at the ‘Rare Earth Oxide Purchase Agreement Ceremony’ held at the Trade Representative Office of the Vietnamese Embassy in Seoul on the 10th. From left, Koo Bon Kyu, CEO of…

LS Cable & System founds art troupe for disabled

2023-12-21

  Photograph) A scene of members giving a commemorative performance at the founding ceremony of the disabled art troupe for LS Cable & System held at LS Tower in Anyang, Gyeonggi-do, on the 20th ​ ■ Founding ceremony held at LS Tower on…

LS Cable & System Develops World’s First New Copper Foil Material

2023-12-20

Photograph 1) Employees of LS Cable & System inspecting the new copper foil material CuFlakeTM Photograph 2) Employees of LS Cable & System inspecting the new copper foil material CuFlakeTM Photograph 3) World’s first new copper foil…

LS Cable & System Company Newsletter Wins an Award at Korea Communication Awards 2023

2023-12-18

Photograph) Image of the LS Cable & System company newsletter ‘Open Mind’ ■ Contributed to the vitalization of the organizational culture as a communication channel between executives and employees for approximately 50 years ■ Business…

LS Cable & System signs Project Agreements for the European North Sea offshore wind HVDC grid connections

2023-12-07

Photograph) A panoramic view of LS Cable & System HVDC factory in Donghae, Gangwon-do ■ In May, it signed long-term cooperation agreements covering four projects worth KRW2 trillion, and now subsequently finalizes two contracts out of four projects.…

LS Cable & System Launches World-Fastest PoE Cables for 5G

2023-12-04

Photograph) An employee of LS Cable & System inspecting the PoE cable at the data center. ■ Single cable can provide power (100 W) and communication (5 Gbps) over 180 m ■ Supports high-quality, high-performance IP cameras, CCTVs, and IoT ■ Replaces…

LS Cable & System Asia Records ‘All-time High Quarterly’ Operating Profits for 3Q

2023-11-02

Photograph) Panorama of LS Cable & System Asia’s Vietnamese production corporation LSCV ■ Quarterly operating profits surpass 10 billion won for first time ever with record quarterly operating profit rate of 6.6% ■ Increased export of extra-high…

LS C&S Obtains International Certification for Turnkey Project Management and Improves Global Submarine Business Capacity

2023-10-30

Photograph 1) LS C&S Technology Development HQ Director In-ho Lee (CTO, executive director, left) and LRQA CEO Il-hyeong Lee take a commemorative photograph for the acquisition of international certification for turnkey project management (ISO21502)…

LS Materials Targets Listing on the Stock Exchange within the year, Submits Securities Report

2023-10-23

Photograph 1) Employees of LS Materials manufacturing capacitors at Gunpo Factory. Photograph 2) LS Materials CI ■ First affiliate to list as eco-friendly business following spin-off from LS Group, growing into “keyplayer in the carbon neutrality…

PetroVietnam subsidiary PTSC

2023-10-12

Photograph) CEO of LS C&S Asia Lee Sang-ho and the President of PTSC Le Manh Cuong take a commemorative photograph at LS Yongsang Tower in Yongsan-gu, Seoul. ■ Discovery of business opportunity with PetroVietnam subsidiary PTSC ■ Submarine cable…

LS Cable & System Implements Latest Production Equipment and Improves Submarine Cable Quality

2023-10-10

Photograph) An employee is working with copper conductor production equipment at LS Cable & System Gyeongbuk Gumi Factory. ■ Manufacturing cable conductors with diameters that double the previous size ■ Large-size cables due to commercialization…

LS C&S to Unveil Electric Vehicle/Charging Infrastructure Solutions at ‘K-BATTERY SHOW 2023’

2023-09-13

Photograph) View of the LS C&S booth at K-BATTERY SHOW 2023  ■ Business development focused on new growth engine and expansion of businesses with affiliates ■ New products to be unveiled at the exhibition include busducts and ultra-fast…

LS Marine Solution Selected as Submarine Cable Maintenance Provider in Asia-Pacific Region

2023-09-08

Photograph) LS Marine Solution submarine optical cable layer ‘Segyero’ ■ Secured fixed sales of 13 billion won for next five years ■ Building trust with major communication carriers in various countries based on 30-year history LS Marine…

LS Marine Solution Signs Contract to Lay Submarine Cables at Bigeumdo Island

2023-08-29

Photograph) LS Marine Solution Submarine Cable Layer GL2030 ■ LS C&S wins bid for turnkey contract and LS Marine Solution to participate in cable laying process ■ Plans to expand into projects overseas in Taiwan and other locations with LS C&S…

LS C&S Becomes Majority Shareholder of LS Marine Solution as It Grows Submarine Business Value Chain

2023-08-17

Photograph 1) Employees of LS Marine Solution resolving to make a new beginning at the Busan office.  Photograph 2) LS Marine Solution CI logo ■ Secured 45.69% stake in KT Submarine and passed decisions on changing company name and other matters…