LG Cable Group, a midsize family-run conglomerate, changed its name to LS Group Wednesday, becoming South Korea´s 15th-largest business group by assets.
LG Cable GROUP, whose flagship IS THE LEADING electric cable maker LG Cable Ltd., was spun OFF FROM LG GROUP IN 2003. Unveiling its NEW corporate identity, a GROUP official said THE NEW NAME signifies THE GROUP´s commitment TO providing business solutions.
"LS stands for leading solution, which means that our business focus will expand to provide a range of solutions, including communication services," he said.
THE official said THE GROUP will officially USE its NEW NAME AFTER obtaining approval AT an annual shareholders meeting IN March. THE GROUP has 16 subsidiaries whose total assets amount TO 5.1 trillion won.
GHP (Gas Engine Driven Heat Pump) developed by LS Cable
2005-10-12LS Group plans to build the global production base in china
2005-09-28LS Industrial Systems completed the first mass production line of RFID readers
2005-05-12Ultra Capacitor developed by LS Cable
2005-05-09LS Group announced New Corporate Identity
2005-03-14