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LS Group is a Korean Jaebeol (conglomerate). It is composed of LS Corp. (see below), Gaon Cable, E1 (LPG), YESCO (LNG) and LS Asset Management (formerly Delta Asset). "LS Corp." is a holding company, which comprises LS Cable (power & communications cables; #3 cable mfg. in the world), LS Industrial Systems (electrical equipment & automation systems), LS-Nikko Copper (copper smelter & refiner) and LS Mtron (machinery & components). LS Group was 'spun off' from LG Group in 2003. LS has approximately $20bn in revenue worldwide with about 40 subsidiaries. The Company is controlled by the Koo family, the founding family of LG Group. LS means "leading solution". [edit] Group families
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