Otis Korea (LG-Otis) + Sigma
Otis Korea (LG-Otis) + Sigma: 1,600 employees, $671M revenue. Verified contacts, financials & market intelligence on KR's elevator sector. Free profile on Ve…
2 public people · 0 tender wins · 15 verified market signals
| Country | KR |
|---|---|
| Region | APAC |
| Headquarters | 6F Two IFC, 10 Gukjegeumyung-ro, Youngdeungpo-gu, Seoul 150-945, Korea (Source: sigmaelevator.com) |
| Employees | 1,600 |
| Fleet (est.) | ~135,000 units |
| Reported revenue | $671,131,500 USD (FY2025) |
| Equipment brands | Otis |
| Website | https://otis.com |
Public people
- Patrick Yeung — MD Otis Japan
- Nick Choi — MD, Otis Korea/Sigma
Market signals
- We're proud to support the future of urban living in Seoul.
Otis Korea has been selected by IPARK Hyundai Development Company to provide 59 elevator and escalator systems for the Seoul One I-Park residential project. The systems include SkyRise, Gen3, Link escalators, and Compass 360 destination …
- Helping busy office buildings get future-ready ✔️
Otis Korea will modernize 29 elevators at ASEM Tower in World Trade Center Seoul, equipping them with the Otis ONE™ IoT digital platform for real-time monitoring and predictive maintenance. This aims to enhance reliability and operationa…
- Congratulations to our Otis Korea team on being selected to support the Seoul One I-Park development.
Projects like this are a reflection of how cities are evolving, becoming more dynamic, connected
Congratulations to our Otis Korea team on being selected to support the Seoul One I-Park development. Projects like this are a reflection of how cities are evolving, becoming more dynamic, connected, and more dependent on seamless moveme…
- 𝗢𝘁𝗶𝘀 𝗞𝗼𝗿𝗲𝗮’𝘀 𝗟𝗮𝗻𝗱𝗺𝗮𝗿𝗸 𝗥𝗲𝘁𝗿𝗼𝗳𝗶𝘁 𝗦𝗶𝗴𝗻𝗮𝗹𝘀 𝗮 𝗕𝗶𝗴𝗴𝗲𝗿 𝗘𝗹𝗲𝘃𝗮𝘁𝗼𝗿 𝗠𝗼𝗱𝗲𝗿𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗖𝘆𝗰𝗹𝗲
A major elevator project in Seoul is highlighting where
𝗢𝘁𝗶𝘀 𝗞𝗼𝗿𝗲𝗮’𝘀 𝗟𝗮𝗻𝗱𝗺𝗮𝗿𝗸 𝗥𝗲𝘁𝗿𝗼𝗳𝗶𝘁 𝗦𝗶𝗴𝗻𝗮𝗹𝘀 𝗮 𝗕𝗶𝗴𝗴𝗲𝗿 𝗘𝗹𝗲𝘃𝗮𝘁𝗼𝗿 𝗠𝗼𝗱𝗲𝗿𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗖𝘆𝗰𝗹𝗲 A major elevator project in Seoul is highlighting where the next growth cycle may emerge. Otis…
- Otis Elevator Co. Korea has completed its largest elevator replacement project in Korea at GS Gangnam Tower, Seoul.
The upgrade covers 31 elevators, including 21 ultra-high-speed elevators and 10 med
Otis Elevator Co. Korea has completed its largest elevator replacement project in Korea at GS Gangnam Tower, Seoul. The upgrade covers 31 elevators, including 21 ultra-high-speed elevators and 10 medium- and low-speed elevators, strength…
- I'm proud to see Otis Elevator Co. contributing to another landmark development in South Korea.
Our team in Korea has been selected by IPARK Hyundai Development Company to provide vertical transporta
I'm proud to see Otis Elevator Co. contributing to another landmark development in South Korea. Our team in Korea has been selected by IPARK Hyundai Development Company to provide vertical transportation solutions for the Seoul One I-Par…
- Exciting news from our team in South Korea!
The Otis Elevator Co. team in Korea has been selected by IPARK Hyundai Development Company to support the Seoul One I-Park project, a landmark development
Exciting news from our team in South Korea! The Otis Elevator Co. team in Korea has been selected by IPARK Hyundai Development Company to support the Seoul One I-Park project, a landmark development in the center of Seoul. By providing 5…
- Exciting news from our team in South Korea!
The Otis Elevator Co. team in Korea has been selected by IPARK Hyundai Development Company to support the Seoul One I-Park project, a landmark development
Exciting news from our team in South Korea! The Otis Elevator Co. team in Korea has been selected by IPARK Hyundai Development Company to support the Seoul One I-Park project, a landmark development in the center of Seoul. By providing 5…
- Exciting news from our team in South Korea!
The Otis Elevator Co. team in Korea has been selected by IPARK Hyundai Development Company to support the Seoul One I-Park project, a landmark development
Exciting news from our team in South Korea! The Otis Elevator Co. team in Korea has been selected by IPARK Hyundai Development Company to support the Seoul One I-Park project, a landmark development in the center of Seoul. By providing 5…
- Exciting news from our team in South Korea!
The Otis Elevator Co. team in Korea has been selected by IPARK Hyundai Development Company to support the Seoul One I-Park project, a landmark development
Exciting news from our team in South Korea! The Otis Elevator Co. team in Korea has been selected by IPARK Hyundai Development Company to support the Seoul One I-Park project, a landmark development in the center of Seoul. By providing 5…
Related companies
- Otis Korea (LG-Otis) + Sigma — acquired_external
Lift procurement across Asia-Pacific
We do not yet track public procurement in South Korea. The figures below cover Asia-Pacific (AU, JP, SG), shown for comparison.
1,386 tender notices · independents hold 83.7% of named wins
- OTIS ELEVATOR COMPANY (S) PTE LTD — 2 wins
- AZIANSTOCAN SDN BHD — 2 wins
- ASPACIO DESIGN ASSOCIATES PTE LTD — 1 win
- AUTOMATIC CONTROLS AND INSTRUMENTATION PTE. LTD. — 1 win
- EVERISE CONSTRUCTION PTE. LTD. — 1 win
- CALFORDSEADEN LLP - KENT — 1 win
- CROWN EQUIPMENT PTY. LIMITED — 1 win
- G R BLACK CONTRACTING PTY LTD — 1 win
- DICE (AUST) PTY LTD — 1 win
- DING FENG FOUNDRY — 1 win
- CHIONG CONSTRUCTION PTE. LTD. — 1 win
- EXCELIFT PTE. LTD. — 1 win
By type of work
- maintenance — 13
- modernization — 9
- new install — 6
- repair — 2
Asia-Pacific by type of work
- maintenance — 13 notices
- modernization — 9 notices
- new install — 6 notices
- repair — 2 notices
Asia-Pacific market
- Companies profiled — 11
- Tender notices — 1,386
- Modernisation notices — 9
- Independents’ share — 83.7%
Otis Worldwide Corporation in other markets
- Otis Worldwide Corporation
- Otis Germany — 34 wins
- Otis Spain (Otis Mobility S.A.) — 29 wins
- Otis France — 13 wins
- Otis Sweden — 8 wins
- Otis Netherlands — 7 wins
- Otis Norway — 6 wins
- Otis Poland — 6 wins
- Otis Denmark — 4 wins
- Otis Finland — 4 wins
- Otis Austria — 1 win
- Otis Italy (Servizi+CEAM) — 1 win
- AG Industrial Solutions (Anwar Group) — Otis Bangladesh
- Aitken Spence Elevators (Otis Sri Lanka)
- Ajayyp Desga Turkmenistan (Otis Distributor)
- Al Alamiya Libya (Otis Distributor)
- Alpha Technologies Burkina Faso (Otis Distributor)
- ALPHA TECHNOLOGIES LIFT
- ASCENSORES S.A. PERU
- Bahwan (Otis Oman)
- BALTIJOS LIFTAI
- CABU
- CAREL ELEVATORS ARUBA
- CFAO + Skylift Cameroon (Otis Distributor)