history overview management philosophy lg has been divided into three groups, lg, ls and gs based on...
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HistoryOverviewManagement Philosophy
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LG has been divided into three groups, LG, LS and GS based on their business specialties in March, 2005
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From the No.1 domestic company to the world class enterprise in industrial electric, electronic, material and energy field
Total Sales : 18 Billion USDOperating Income : 700 million USDTotal Asset : 15 Billion USD (2009.12.31)
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LS has provided Leading Solutions to customers and contributed to society
“Always with Our Customers”
A company that contributes
to the societyA company where people can realize
their dreams
To providecustomers with
Leading Solution
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HistoryCEOFinancial HighlightsWith Superior EssexNetwork
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“Toward the True Global Leading Company”
1960 70’s∼ 1980 2002∼
Globalization
2003 2009∼
Expansion
•1982 R&D center established•1994 Construction LGMW and LGME plants completed, joint ventures in Malaysia •1997 Construction of LG-VINA Cable plant completed, a joint venture in Vietnam
Begin & Growth
•1962 Established•1966 Completion of cable plant in Anyang, Korea•1977 IPO
•2003 Separated from LG Group•2005 Construction of the LS Industry Complex completed, in China •2008 Acquired Superior Essex•2009 Acquired LS HongQi Cable•2009 Completion of submarine cable plant in Donghae, Korea
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Achieved sales growth and operating income through business innovation and globalization.
SalesUnit: USD Million
Total 5,664
2009
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Achieved sales growth and operating income through business innovation and globalization.
Operating IncomeUnit: USD Million
Total 152
2009
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LS Cable acquired Superior Essex to enhance the global leadership,and is now the 3rd largest wire & cable maker in the world
Maximizing synergy between LS Cable & Superior Essex
1) Building full lineup in energy business 2) Expanding global market presence
- A $1.8 billion global cable market leader
Leading Market Share Positions
• No. 1 Global magnet wire producer
• No. 1 N.A. magnet wire distributor
• No. 2 Global magnet wire enamels
• No. 2 European magnet wire enamels
• No. 1 N.A. copper Communications OSP producer
Revenue by Segment (2008)
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ProductionIndustrial cable & moduleAutomotive wire & cableTube componentsBusduct systemRubber tiles
ProductionSubmarine power cableIndustrial specialty cable
ProductionOptical fiber, Optical fiber cable Aluminum materials
ProductionPower cable system (HV/ MV)OHTL, OPGWMagnet wires, Copper rodUTP, RF
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Production LSCW : Automotive wire & cable, Busduct, Electronic wire & cable, HV AccessoriesLSCT : Magnet wireLS-VINA : Extra-high voltage cable, ACSR, OPGW, SCRLSCV : Medium & low voltage cable, UTPLSCM : Margnet wireLSCI : RF feeder cable
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