LS Electric Launches Smart Wireless Lighting Business, Targeting 30% Energy Savings

MOU Signed with LS Sauter and Merlot Lab

Finance|
|
By Yoo Hyun-wook
||
LS Electric announced on the 26th that it signed a memorandum of understanding (MOU) with LS Sauter and Merlot Lab at LS Tower in Anyang, Gyeonggi Province, to cooperate on energy savings and operational efficiency projects using smart wireless lighting systems. LS Electric Executive Vice President Park Woo-beom (center), LS Sauter CEO Kim Sung-yong (left), and Merlot Lab CEO Shin So-bong pose for a photo after signing the MOU. Photo courtesy of LS Electric - Seoul Economic Daily Finance News from South Korea
LS Electric announced on the 26th that it signed a memorandum of understanding (MOU) with LS Sauter and Merlot Lab at LS Tower in Anyang, Gyeonggi Province, to cooperate on energy savings and operational efficiency projects using smart wireless lighting systems. LS Electric Executive Vice President Park Woo-beom (center), LS Sauter CEO Kim Sung-yong (left), and Merlot Lab CEO Shin So-bong pose for a photo after signing the MOU. Photo courtesy of LS Electric

LS Electric is fully expanding its smart wireless lighting business, which can reduce lighting energy consumption by at least 30%.

LS Electric said Thursday that it signed a memorandum of understanding (MOU) with LS Sauter and Merlot Lab on Wednesday at LS Tower in Anyang, Gyeonggi Province, to cooperate on energy savings and operational efficiency projects using smart wireless lighting systems. The signing ceremony was attended by Park Woo-bum, executive vice president of LS Electric; Kim Sung-yong, CEO of LS Sauter; and Shin So-bong, CEO of Merlot Lab.

LS Electric will lead customer development, business planning, and AI-based feature development, while LS Sauter will handle equipment integration, data collection, system construction, and operations and maintenance. Merlot Lab will be responsible for lighting device hardware development and OEM production, control software, communication technology support, and quality assurance.

Smart wireless lighting features built-in communication modules that enable individual control without separate communication wiring. Compared with conventional wired control methods, it offers easier installation and maintenance, and can flexibly accommodate changes in spatial structure or equipment expansion.

By illuminating only the necessary areas and maintaining only the required brightness, the system can cut lighting energy consumption by at least 30%, making it attractive to customers seeking both energy efficiency and reduced operating costs. Beyond simple lighting control, it can also collect and analyze various operational data, making it highly useful for building smart factory and smart building environments.

LS Electric plans to target industrial sites where power consumption and operational efficiency are critical, including data centers, factories, buildings, and logistics centers. "As AI data centers and smart factories spread, demand for energy efficiency and operational optimization is rapidly increasing," an LS Electric official said. "Through an integrated solution combining smart wireless lighting with the factory energy management system (FEMS) lease business, we will simultaneously support customers in reducing energy costs and improving operational efficiency."

Companies in this story

Original reporting by Yoo Hyun-wook for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

AI KEY

Preview
Korean Corporate Intelligence HubKOSPI · KOSDAQ · 12 sectors

A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.

Korea Chaebol Tree

Preview
Families Behind the GroupsKFTC May 2026 · DART filings

An English-first interactive map of Samsung, SK, Hyundai, LG and Lotte — built for foreign investors, correspondents and analysts. Korea translates companies into English. We translate the families behind them.

SIGNAL

Pre-register
English Edition · Capital MarketsM&A · IPO · PE · Fund Flows

Pre-register for SIGNAL English Edition — a premium subscription bringing Korean capital markets coverage (M&A, IPOs, private equity, fund flows) to global institutional investors. First access to the 50% introductory rate.