LS Cable & System Ltd.
LS Cable & System
LS Cable & SystemLS is South Korea's largest wire and cable manufacturer, founded in 1962 in Anyang, Gyeonggi Province, South Korea. With revenue of ₩7.58 trillion (approximately $5.2 billion), the company operates 35 manufacturing subsidiaries across 19 countries, employing more than 10,000 people. Listed via its parent LS Corp on the Korea Exchange (KRX: 006260).
Strengths: An unprecedented ₩7.63 trillion backlog of uncompleted orders locks in multi-year revenue visibility. The company's $50 million expansion of its North Carolina factory demonstrates aggressive in-region-for-region strategy. Its strategic partnership with Australia's Lynas Rare Earths for permanent magnet supply shows exceptional supply chain foresight.
Weaknesses: South Korea's small domestic market forces direct competition with global giants in every export market. The heavy capital expenditure program strains free cash flow. Relative underinvestment in fiber optic and telecom cables limits diversification.Read MoreShow Less
Strengths: An unprecedented ₩7.63 trillion backlog of uncompleted orders locks in multi-year revenue visibility. The company's $50 million expansion of its North Carolina factory demonstrates aggressive in-region-for-region strategy. Its strategic partnership with Australia's Lynas Rare Earths for permanent magnet supply shows exceptional supply chain foresight.
Weaknesses: South Korea's small domestic market forces direct competition with global giants in every export market. The heavy capital expenditure program strains free cash flow. Relative underinvestment in fiber optic and telecom cables limits diversification.
Listed market data
006260 · KRX · weeklyHistory →- Market cap
- $5 B
- Share price
- KRW 215000.00
- 1Y change
- +2.9%
- Recent change
- +6.2%
- Since first close
- +864.1%
- Revenue (TTM)
- $25.5 B
10-30 → 11-02
from 2000-01
Financial history
Full market history- 2026-11KRW 215000.00$5 B-5.7%
- 2026-10KRW 228000.00$6.2 T0.0%
- 2026-09KRW 228000.00$6.2 T-26.1%
- 2026-08KRW 308500.00$8.4 T-1.0%
- 2026-07KRW 311500.00$8.5 T+16.7%
- 2026-06KRW 267000.00$7.3 T-26.9%
- 2026-05KRW 365500.00$10 T-18.0%
- 2026-04KRW 446000.00$12.2 T-1.5%
- 2026-03KRW 453000.00$12.4 T+77.0%
- 2026-02KRW 256000.00$7 T-10.0%
- 2026-01KRW 284500.00$7.8 T+24.2%
- 2025-12KRW 229000.00$6.3 T—
Ownership & Control
Latest available filings- Controlling entity
- Publicly held — no controlling shareholder disclosed
- Company type
- Manufacturer
- Insiders
- 33.11%
- Institutions
- 35.27%(127 holders)
- Free float
- 52.73%
Percentages are of total shares outstanding, aggregated from 13F-style filings via Yahoo Finance. Institutional figures reflect US-filed positions and may undercount owners filing elsewhere. No figure is shown where none is disclosed.
In the press
All coverage →5 latest headlines- LS Cable to build $147 million rare earth permanent magnet plant in Gumi, South Korea - KED Globalwww.kedglobal.com2026-09-30
- LS Cable & System plans $689 million manufacturing complex in Chesapeake - 13newsnow.comwww.13newsnow.com2026-08-26
- LS Marine Solution Begins Submarine Cable Installation Project in Malaysia - THE ELEC, Korea Electronics Industry Mediawww.thelec.net2026-10-14
- LS Cable & System details China-free supply chain strategy for $689M Greenbrier manufacturing complex - WTKRwww.wtkr.com2026-09-02
- K&L Gates Advises LS Cable & System on Landmark US$689 Million Virginia Manufacturing Investment - K&L Gateswww.klgates.com2026-09-01
• Extra-high voltage and submarine power transmission cables
• Medium and low-voltage building and industrial power cables
• Building busway bus duct systems for commercial and data center power distribution
• Fiber optic communication cables for telecom and data center networks
• Specialty cables for renewable energy offshore wind, solar farms
• Cable accessories including joints, terminations, and connectors
Quick Facts
Headquarters
Anyang, South Korea
Founded
1962
Employees
10,000+
Revenue
₩7.58T (~$5.2B)
Market cap
$5 B
Factories
Heavy chemical asset manufacturing
Presence
Global
Listing
KRX: 006260 (parent LS Corp)
Categories
12 categories · scroll for more
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Data Sources & Methodology
This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.
VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.
Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.
Key references: Official Website , persistencemarketresearch.com, matrixbcg.com, matrixbcg.com, live.euronext.com