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Jan. 1968
Started to produce Elevators and Escalators in Korea
Jan. 1978
Started to export under ”°Goldstar”±trademark
Oct. 1985
Started to produce Gearless Elevators (DC control
Apr. 1987
Developed VVVF Controlled Elevators
Apr. 1989
Installed new Elevator Test Tower (114M, ChangwonFactory)
Dec. 1992
Acquired ISO 9001 Certificate
Sep. 1993
Produced VVVF Controlled Gearless Elevators (up to 420m/min)
Jan. 1994
Changed trademark with ”°LG”±
Nov. 1996
Acquired ISO 14001 Certificate
Oct. 1997
Established the second factory in Dalian, China to meet the demands of China market
Aug. 1998
Produced 100,000 units of Elevator and Escalator
Dec. 2001
Found SIGMA Elevator Company and ”°SIGMA”±trademark for overseas market
Sep. 2005
Achieved 100 million USD booking in overseas markets in the year 2005
Oct. 2005
Changed the manufacturing company's name from OTIS-LG to Otis Elevator Korea due to LG's selling its stakes to Otis
As of 2006

Exported over 53,715 units (accumulated) across 75 countries outside of Korea