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Industry
LS Electric to work with Motif Technologies on AI-driven manufacturing process upgrades
LS ITC, the IT services unit of LS Electric, has partnered with Motif Technologies, which has capabilities to develop its own AI models, to expand the use of AI in manufacturing sites. The two companies signed a memorandum of understanding on applying customised AI to production sites. They plan to identify AI use cases that can be applied to actual manufacturing processes and to verify feasibility through step-by-step validation.
Industry
LS Q2 operating profit 595.6 billion won, up 153 percent year on year
LS said on Thursday its second-quarter operating profit rose 153 percent from a year earlier to 595.6 billion won, while revenue climbed 40 percent to 11.02 trillion won, both record highs for a quarter. First-half operating profit totalled 1.07 trillion won, exceeding last year’s full-year result, with revenue up 39 percent to 20.53 trillion won. The company cited AI data centre expansion and power-grid replacement projects.
Industry
LS accelerates U.S. localisation and AI innovation amid power supercycle tailwinds
LS set out a two-track strategy to expand its power business while stabilising new businesses despite global uncertainty. Chief Executive Myung Noh-hyun (명노현) told the company’s 57th annual general meeting on March 26 that priorities this year include settling U.S. localisation investment, early stabilisation of battery materials and electric-vehicle parts businesses, and embedding AI-based innovation. The company cited record 2025 results and said it will also seek higher dividends linked to performance.
