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Daesung Electric changes name to LS Automotive

In November 2016, Daesung Electric Co., Ltd. announced that it has adopted a new company name, LS Automotive Co., Ltd. Daesung Electric was formed in 1973 and joined the LS Group in 2008. Its sales in 2016 are expected to reach KRW 900 billion. (From a press release on November 3, 2016)
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