ShinDaesung Electric Co., Ltd. (Changed from LS Automotive)

Company Name : ShinDaesung Electric Co., Ltd. (LS Automotive)
CEO : Yoon Seonguk
Group : LS
Type of business : Production of new other auto parts
Business contents : Manufacturing automotive parts(BEC/junction Box), motor for electric car, electronic control unit, sensor
Form of company : Major company
Established dated : 2nd March 1973
Number of Employee : 1,191 (2017)
Sales turnover : KRW 655,110,490,000(2017)
Business profit : KRW 39,975,940,000(2017)
Capital : 2,091,510,000 KRW (2018)
Representative Tel. +82-31-494-1141
Web site: http://www.lsautomotive.com
Address : 205, Manhae-ro, Danwon-gu, Ansan-si, Gyeonggi-do, Republic of Korea

(Refer to site http://www.saramin.co.kr)

I found that LS Automotive changed to ShinDaesung Electronics and LS Automotive to LS Automotive technologies. Both are in the same group but it seems physically each company is different. So I decided to add the information of ShinDaesung Electronics.

However both companies indicates the same website: www.lsautomotive.com

As I checked in www.saramin.co.kr web site,

At March 2nd 1973, Samwon Electronic Industrial company was established.
The company name changed to Daesung Electric Ind. Co., Ltd. at Feb. 1974.
Later again the company name changed to Daesung Electric Co., Ltd. at May. 1994.
And again changed to Daesung Electric Ind. Co., Ltd. at Apr. 1997. (I don’t understand why they changed to old name)

Eventually in 2016, Daesung Electric Ind. Co., Ltd. changed the name to LS Automotive.

But now I checked that ShinDaesung Electric is the recent name.
Shin means “new” in Chinese letter.

I guess that LS Automotive which was Daesung Electric Ind. Co., Ltd. established LS Automotive Technology by giving its shares.
Share please if you know more details about it.

Thank you for visit the website.