LS Group, a major South Korean conglomerate specializing in cable and industrial electric machinery, aims to double its total assets to 50 trillion won ($37 billion) by 2030. The company is focusing on expanding its existing businesses amidst the rise of artificial intelligence while also investing in critical sectors like batteries, electric vehicles (EVs), and semiconductors. Since Koo Ja-eun became chairman in January 2022, he has committed over 20 trillion won in investments to achieve this goal. Koo emphasized the importance of leveraging AI, such as the development of LS GPT for employees, to enhance work processes and establish stronger partnerships. The company recently released its first sustainability report, which highlights efforts towards achieving carbon-free electricity and expanding business operations. It outlines the establishment of the LS-L&F Battery Solution joint venture to produce precursor materials for secondary batteries and mentions the expansion of semiconductor materials production. Additionally, LS e-Mobility Solutions has completed an electric vehicle relay manufacturing plant in Mexico, which increases its production capacity significantly. As LS Group continues to report record earnings and pursue initial public offerings (IPOs) for its subsidiaries, analysts believe they are well-positioned to meet their ambitious Vision 2030 objectives.