Latest news with #LS
Korea Herald
4 days ago
- Automotive
- Korea Herald
LS Electric ramps up Vietnam strategy as ASEAN demand surges
Korean firm highlights power conversion, smart factory solutions at Vietnam's premier electrical industry expo Korea Herald correspondent HANOI, Vietnam — LS Electric presented its advanced electric solutions for sustainable energy transition at Elecs Vietnam 2025, underscoring the growing importance of the ASEAN region as its second-largest market after North America. 'Southeast Asia stands out as a crucial market for us and continues to grow,' said Kim Jong-woo, chief operating officer of LS Electric, during a media briefing at the company's exhibition booth on Wednesday. 'In Vietnam, where we expanded our production facility three years ago, we are now increasing its manufacturing capacity. Our goal in Southeast Asia is to win more local projects by expanding local production capabilities, like we've done in Vietnam.' Highlighting 'K-electricity' as a new buzzword following 'K-food' and 'K-culture,' Kim added that LS Electric aims to strengthen its production, engineering and service maintenance capabilities to drive both organic and inorganic growth in the ASEAN market, which also serves as a strategic export hub for North America and the Middle East. LS Electric was the first among Korean heavy electrical equipment manufacturers to enter Vietnam, making its debut in the 1990s. It has since maintained dominance in the local low-voltage power equipment market, boasting a 45 percent market share as of last year. Tran Viet Cuong, deputy director of Consrich Vietnam, a power distribution panel manufacturer, said his company has maintained business ties with LS Electric for over 20 years, primarily due to its strong brand recognition. 'Although we've also used products from HD Hyundai Electric, LS Electric's Korean rival, which is more competitively priced, LS still has a stronger presence in Vietnam,' Cuong noted. 'LS Electric also stands out for its delivery speed. Even during the COVID-19 pandemic, while Japan's Mitsubishi faced production delays, LS maintained efficient operations through its local distribution network.' Building on the trust of its client companies, LS Electric is pioneering the next-generation electric solutions market in Vietnam. This sector is also in line with the Vietnamese government's commitment to expanding power infrastructure as a key driver of economic growth. Notably, the power equipment supplier focuses on 'energy storage systems,' a crucial component for stabilizing the rising power demand. The ESS largely consists of a battery and power conversion systems. 'While battery manufacturers are venturing into the ESS sector, it has traditionally been the domain of electric companies, which are in charge of the PCS to ensure stable management of the power system,' said an LS Electric official. LS Electric's Bac Ninh facility in Hanoi supplies PCS for Samsung SDI's Samsung Battery Box, a utility-scale ESS that is fully contained within a standardized shipping container. LS Electric also looks to provide smart factory solutions, already integrated in its Cheongju plant in South Korea, for Vietnamese manufacturing companies, including real estate developers. Last year, the company signed an agreement to build a smart factory for Becamex's industrial complex in Binh Duong. 'We are already targeting smart factory markets in Europe, particularly Germany,' said another LS Electric official. 'Our solutions enable full automation of the equipment, with facility data being uploaded via (Internet of Things) for monitoring within a digital twin. This setup allows for remote quality inspections and operations. It can improve the efficiency of the equipment by accumulating and analyzing collected data.'
Korea Herald
10-07-2025
- Business
- Korea Herald
LS Electric to showcase next-gen power solutions at Elecs Vietnam 2025
LS Electric said Thursday it is participating in the upcoming Elecs Vietnam 2025 exhibition, bolstering its efforts to penetrate the ASEAN power solutions market. At the event, scheduled for July 16 to 18 at the Saigon Exhibition and Convention Center in Ho Chi Minh City, LS Electric will present its next-generation power management system integrated with a smart grid distribution solution and ultra-high voltage transformers. Leveraging its world-leading manufacturing capabilities in power electronics-based inverters known for high energy efficiency, the company plans to showcase an advanced energy storage system platform alongside locally tailored ESS products. A key feature of this platform is the modularization of its power electronics building block in 200-kilowatt units, allowing for easy power scaling and flexible applicability without needing to redesign the entire system. Additionally, LS Electric will unveil IoT-based digital technology solutions for energy optimization, including its digital twin smart factory platform, 'Smart Management Insight,' asset management systems, the energy efficiency management platform 'GridSol CUBE,' and the power facility integrated management platform 'GridSol CARE.' The company will also introduce the 'LS SHE (Safety, Health, Environment) with AI' platform, an artificial intelligence-based safety control solution that integrates and analyzes real-time data from smart safety devices and camera monitoring. LS Electric aims to expand its presence in the ASEAN power infrastructure market, capitalizing on Vietnam and Indonesia as strategic bases. Vietnam, in particular, has been pushing for renewable energy generation projects under its 8th Power Development Plan, launching policies to build smart grids for enhanced efficiency and stability. Since entering Vietnam in the mid-1990s, the company has maintained its leadership position with a market share exceeding 40 percent in the low-voltage power equipment sector since 2013. In 2023, LS Electric significantly increased its production capacity in Vietnam from $25 million to $40 million annually by relocating its Bac Ninh facility to the Yen Phong Industrial Complex. The company has diversified its business across the entire power system industry by acquiring Symphos, an Indonesian power equipment supplier, and expanding into high-end products such as ultra-high voltage gas-insulated switchgear. 'We aim to solidify our position as the leading company in Vietnam -- a top-three market for Korean power suppliers -- and firmly establish our business capabilities for ASEAN customers,' stated an official from LS Electric. 'With aggressive investments in local power systems and high-end strategic products such as transformers and ESS, we will deepen our reach into the ASEAN region, emerging as a global data center hub.'
Miami Herald
08-07-2025
- Automotive
- Miami Herald
GM L92 Engine Teardown Reveals Its Most Destructive Weak Point
Based on the LS small block engine family, GM's 6.2-liter L92 V8 was first used in the automaker's line of SUVs and trucks in 2007, including premium models such as the Cadillac Escalade and GMC Yukon Denali. Its all-aluminum block, solid internals, and the absence of cylinder deactivation systems like Active Fuel Management (AFM) in later iterations made this version of the L92 a favorite among enthusiasts for its durability and straightforward reliability. In fact, it's common to see these engines racking up hundreds of thousands of miles with minimal issues. However, even the most dependable engines have their breaking points. Our favorite mechanical CSI, I Do Cars, got its hands on an L92, which came from a 2009 Yukon Denali that had reached 268,000 miles before catastrophic failure. The vehicle was abandoned and purchased with zero history, so it's high time to discover what caused its demise. Things looked grim from the get-go. The engine had multiple holes in the block, a cracked oil pan, and was packed with carbon deposits. The spark plugs told nothing different – one was completely flattened, and the others exhibited evidence of extreme oil burning. Internally, things only got worse. A piston had been obliterated, its connecting rod snapped, and debris had scattered throughout the oiling system and crankcase. The cylinder head showed deep pitting in the combustion chamber, and the valvetrain was bathed in varnish, clear-cut evidence of prolonged poor maintenance. However, the most telling clue came in the form of a tiny fragment: a piece of a valve seat – a known, if uncommon, issue in GM's rectangle-port LS heads like the L92's. Once the seat dislodged, it held the valve open just long enough for the piston to strike it, shattering both and triggering a chain reaction that destroyed nearly everything inside. So what causes valve seats to drop in the first place? Overheating. The aluminum cylinder heads and steel valve seats expand at different rates, and when temps spike – often from low coolant, poor airflow, or simply neglect – the seats can loosen. Once that happens, it's only a matter of time. I Do Cars notes that early detection can prevent total loss, but in this case, the signs were either ignored or went unnoticed. The L92 may be a tank, but even tanks are no match when the temperature goes excessively up. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Time of India
03-07-2025
- Politics
- Time of India
Four months after elections, MCG House yet to meet in Gurgaon
Gurgaon: Lok Sabha speaker Om Birla on Thursday spoke about the importance of regular meetings among elected representatives in municipal corporations. Ironically, this was being said when one of the two municipal corporations of the city — MCG — failed to conduct its inaugural House meeting since the election results were announced on March 12, although a special budget meeting took place on April 8. The LS speaker — while addressing national conference of urban local bodies (ULBs) in Manesar — said he saw in several municipalities that House meetings "did not happen for a year". You Can Also Check: Gurgaon AQI | Weather in Gurgaon | Bank Holidays in Gurgaon | Public Holidays in Gurgaon Birla said meetings should occur every one to two months to discuss the city's challenges. Regular meetings hold the officials accountable and bring more transparency, he said. "When elected officials pose questions during these sessions, it enhances transparency and accountability within municipal corporations. Through observations across various municipal corporations, it is evident that meetings are either not conducted for extended periods, sometimes up to a year, or when convened, they are disrupted, leading to agenda approvals without proper deliberation. It is crucial to maintain regular meeting schedules, preferably every one to two months. The meetings should incorporate a zero hour. Moreover, proper discussion should be held on the budget," the LS speaker said. MCG mayor Raj Rani Malhotra could not be reached despite repeated attempts. The councillors told TOI they have been regularly enquiring about the House meetings. However, the meeting schedule has not been fixed yet. Councillor Kuldeep Yadav, who was present at the ULB conference, said, "Every councillor wants the House meetings to happen every month. A meeting of the councillors with the city mayor should happen every fortnight. However, nothing is being done about it. A special budget meeting was held for budget approval. The councillors are keen to address ward-specific concerns through regular House meetings." Councillor Pardeep Padam said, "After the national conference of the ULB gets over, some of the councillors have decided to meet the mayor and MCG officials to push for the House meeting. It has been more than three months since we were elected, but a House meeting to discuss our ward issues has not taken place yet."
Time of India
02-07-2025
- Politics
- Time of India
Akhilesh Yadav to move into new office-cum-residence in Azamgarh
1 2 Varanasi: Built on a campus of over 3 bigha area (81,000 sq ft), a two-storey building will be the residence of Samajwadi Party president Akhilesh Yadav in Anwarganj area of Azamgarh district, into which he will formally move at noon on Thursday and address party workers. Busy with finalisation of preparations for the housewarming ceremony under supervision of local SP MP Dharmendra Yadav at Anwarganj, the party's district president, Hawaldar Yadav, said, "Our leader has often said that if Etawah was like a heart for him, Azamgarh is its beat. And now he will even have a new residence here." According to Hawaldar, most of the 3 bigha area is open, while a two-storey building with a sloped roof has residential space on the upper floor, while the party office will run on ground floor. The building comprises about six rooms and two halls, including one for meeting with party workers. Painted white, the new premises is located around 3 km from the main city and 6 km from Manduri airstrip. For the Saifai Yadav clan, Azamgarh turned into a safe castle due to vote bank. In the previous 18 general elections and three by-elections for Azamgarh LS seat, Yadav candidates emerged victorious 15 times, while Muslim candidates emerged victorious thrice, including in two by-elections. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo Non-Yadav and non-Muslim candidates won this seat in 1952, 1957, and 1984. Even the Bharatiya Janata Party won this seat in a general election once fielding turncoat politician and jailed MLA Ramakant Yadav and a by-election fielding Bhojpuri cine star Dinesh Lal Yadav Nirahua. In view of the same equations, SP founder, late Mulayam Singh Yadav, made Azamgarh axis of his east UP politics. Due to around 40% OBC and almost 20% Muslim population, even in neighbouring districts Mau, Ambedkarnagar, Ghazipur and Jaunpur, he used to create a cascading effect of the tempo maintained by him there at assembly and LS seats of these districts too. After winning the 2014 LS election from Azamgarh, Mulayam spared it for Akhilesh in 2019. After winning the 2019 LS poll from Azamgarh, Akhilesh surrendered it in 2022 to return to the UP assembly. But before quitting the Azamgarh LS seat, he fulfilled demand of his party leaders and supporters to have a house in the district. Hawaldar said the land for this home was purchased in 2020. The association shown by Akhilesh with east UP helped him and his alliance win around 31 seats of 61 assembly constituencies in 10 districts of this region. In 2024, SP not only wrested the Azamgarh seat from BJP but also performed well in all neighbouring LS seats, including Ghazipur, Ballia, Mau, Jaunpur, and Chandauli. Get the latest lifestyle updates on Times of India, along with Doctor's Day 2025 , messages and quotes!
