LS Electric Co Ltd - Company Profile
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Business Description
LS Electric Co Ltd (LS Electric) provides smart transmission, smart distribution and smart industrial automation solutions. The company manufactures, sells and maintains electronic instruments, copper pipes and automatic machinery.
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R&D Overview
R&D efforts focus on aerating existing businesses, securing growth for the green and next-generation businesses, and maximizing R&D performance and efficiency. It focuses on development projects to design for producing new or substantially enhanced products. In FY2022, it spent KRW73,085 million on R&D, which was 2.2% of its revenue and increased 11.2% YoY. It operates R&D centers in Anyang, Cheongju, Cheonan, and Busan, Korea, and additional R&D center in the plant in Wuxi, China.
Business Segments
Overview
Offers automation control, large-scale manufacturing facilities and process control to diverse industrial fields. Its key solutions include variable frequency drive, programmable logic controller, human machine interface, servo drive & motor, distributed control system and remote terminal unit.
Performance
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Overview
Offers top low and medium voltage electrical equipment for electricity users. Its key products include vacuum circuit breakers, air circuit breakers, molded case circuit breakers and magnetic contactors.
Performance
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Overview
Offers ultra-high voltage power transmission & distribution system equipment such as gas insulated switchgear (GIS). Its key products include gas insulated switchgear, power transformers, remote monitoring & diagnosis equipment, HVDC and switchgear.
Performance
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Overview
Consists of smart grid solutions, photovoltaic system and solutions for railway system.
Performance
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