[Asia Economy Reporter Changhwan Lee] LS Industrial Systems will change its company name to 'LS Electric.'


LS Industrial Systems announced on the 27th that it plans to handle the agenda for the name change at the 46th regular general shareholders' meeting to be held on the 24th of next month at LS Tower in Anyang, Gyeonggi Province.



The company explained, "We are already conducting various businesses related to electrical energy, such as DC solutions and smart energy," adding, "We plan to strongly expand our business in the global market going forward, and we judged that a new company name encompassing this is necessary, so we decided to change it."


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