The motto of the company is: “ Enable the Cabled World!”LS Cable & System says it tries to realize the higher cabled value.
The company, established in 1962, says that it has been contributing to building power grids and communication networks first in Korea and then in countries all over the world by developing, producing and providing cables and related solutions used in daily life and throughout many industries. Furthermore, the company said, it has set the stage for industrial and economic development by capitalizing on our innovative technology to supply various special industrial cables and industrial materials.
Traditionally, LG (originally ‘Lucky-Gold Star Busienss Group and ranking third in Korea after Samsung and Hyundai) has a business philosophy of Inhwa meaning “Harmony with People” and many people in Korea have a classification rule when they view the Jaebeol business groups in Korea.
Samsung, Korea’s top-rate conglomerate, gives the image of a kind of “cleanliness” but at the same time a sense of ‘frigidity.’
The people at LS Cable & System say that they are now supplying state-of-the-art products, such as submarine, extra-high voltage, high temperature superconducting and communications cables to power authorities, heavy electric equipment makers and common carriers around the world. Their r products can be seen throughout the Americas, Europe, the Middle East and Asia, so we are now recognized as a leading manufacturer serving global industries both in name and reality.
Based on their corporate philosophy, “LS Cable & System Way,” they say that they will go beyond simply generating profits to develop forward thinking competencies by innovating our business models, developing environment-friendly high-quality products and reinforcing our partnerships with stakeholders as the best partner that will maximize customer values. “We will open a brighter future by innovating and investing in technologies that push the envelope and developing the best total solutions,” vow the management of the company.
The Management philosophy of the company, as was briefly introduced afore, is “Partnership,” which is the management philosophy of LS, which it hopes will creat a ‘Greater Value Together.’
LS Partnership is about LS people with a strong sense of integrity and the highest degree of competence that are essential in achieving excellent results through mutual respect, cooperation and a sense of ‘growing constantly with all partners together.’
LS partnership becomes the core of all LS people’s thoughts and actions and the driving force that enables sustainable growth going beyond LS’s past successes.