Otis Korea (LG-Otis) + Sigma

Otis Korea (LG-Otis) + Sigma is an elevator company based in South Korea. It employs approximately 1,600 people. Equipment brands include Otis.

50 public people · 0 tender wins · 20 verified market signals

Country	South Korea
Region	Japan & Korea · Asia Pacific · APAC
Otis desk	Asia Pacific
Headquarters	6F Two IFC, 10 Gukjegeumyung-ro, Youngdeungpo-gu, Seoul 150-945, Korea (Source: sigmaelevator.com)
Employees	1,600
Fleet (est.)	~135,000 units
Revenue (Vertisk estimate)	~US$671M (FY2025, est.)
Equipment brands	Otis
Website	https://otis.com

Public people

Patrick Yeung — MD Otis Japan
Nick Choi — MD, Otis Korea/Sigma
YeoJin Jung — 과장
(JH Choi) 최지훈 — 부장
MK (Munkyu) Chang — Senior Manager
Eungsang An — 전무
Kyung Bae Park — Head of EHS & Field Operation
Jongho Kim — Head of Material Mgmt
석환 김 — Manager
Anna hyoyeon Son — Manager, Sales planning & analysis
Ki Ho Lee — 차장
Charles Keum — Area Director

People & organisation

Across tracked career histories this company is hiring more people than it is losing — 46 tracked people, 54 reactions earned on their posts, 17 in leadership roles, a median 2 years in role, 10 external hires, 12 internal promotions, 2 tracked departures over the last two years.

Recent arrivals and where they came from

HaeLim Lee — DT Infrastructure & Control, joined in 2024 from Kyndryl
Jae-ho Lee — EH&S Director (상무), joined in 2025 from ASML
Jungha Lee — Portfolio Team Lead (Manager), joined in 2025 from Schindler Group
Kiyoung(Kay) Chang — Head of Service, joined in 2025 from GS Elevator Co. Ltd.
Kyung Bae Park — Head of EHS & Field Operation, joined in 2025 from Schindler Group
Rachel Um — Senior Director, Communications, APAC, joined in 2026 from The Founders, Inc.
Sohjeong Geum — 차장, joined in 2024 from Sodexo
Sophie, Inyeong Gim — Sigma P&L management, joined in 2025 from LUTRONIC
강현 김 — Assistant Manager, joined in 2025 from GS Elevator Co., Ltd.
태영 이 — 부장, joined in 2024 from Dana Incorporated

Where their people come from

Schindler Group — 2 hires
Dana Incorporated — 1 hire
GS Elevator Co. Ltd. — 1 hire
GS Elevator Co., Ltd. — 1 hire
Kyndryl — 1 hire
LUTRONIC — 1 hire

Where leavers went

Seoul American Football Association — 1
Sigma Elevator Company — 1

Who is heard in the market

Jihoon Jung — President, Otis Korea: 1 post, 54 reactions. Most recently on general. Read the post

Based on tracked public career histories linked to this company and refreshed weekly. This is a sample of the organisation, not its headcount.

Market signals

South Korea's Genesis Private Equity has orchestrated a rapid consolidation strategy in the domestic elevator maintenance sector, acquiring over 20 regional operators within a single year to build the
South Korea's Genesis Private Equity has orchestrated a rapid consolidation strategy in the domestic elevator maintenance sector, acquiring over 20 regional operators within a single year to build the country’s largest independent player…
ACRA 2.0 MOD Prime at Acacia Hotel, Jakarta, Indonesia Sigma Korea was pleased to visit Acacia Hotel with our exclusive distributor, PT Jaya Kencana, and meet with the Chief Engineer and the site eng
ACRA 2.0 MOD Prime at Acacia Hotel, Jakarta, Indonesia Sigma Korea was pleased to visit Acacia Hotel with our exclusive distributor, PT Jaya Kencana, and meet with the Chief Engineer and the site engineering team. It was a valuable oppor…
We are delighted to welcome Samisa Building Products Ltd. as Sigma’s newly appointed authorized distributor in Bangladesh. This partnership marks an important new chapter for Sigma in Bangladesh. By c
We are delighted to welcome Samisa Building Products Ltd. as Sigma’s newly appointed authorized distributor in Bangladesh. This partnership marks an important new chapter for Sigma in Bangladesh. By combining Sigma’s product and technica…
Sigma's residential home elevator solution developed to meet the growing demand for safe, reliable, and aesthetically pleasing home mobility solutions. Featuring advanced safety technologies, energy-
Sigma's residential home elevator solution developed to meet the growing demand for safe, reliable, and aesthetically pleasing home mobility solutions. Featuring advanced safety technologies, energy-efficient operation, customizable inte…
Incheon International Airport has been recognized as the world's busiest airport for international passenger traffic.
Otis is supporting Incheon International Airport, recognized as the world's busiest airport for international passenger traffic, with 172 elevators, escalators, and moving walks, including Asia's longest moving walkway. This ensures reli…
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…

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, CN, JP, MY, PH, SG, TH, TW), shown for comparison.

4,435 tender notices · independents hold 91.2% of named wins

台灣奧的斯電梯股份有限公司 — 149 wins
日立永大電梯股份有限公司大樓系統分公司 — 130 wins
六川電梯工業股份有限公司 — 106 wins
台灣三菱電梯股份有限公司 — 73 wins
TK Elevator — 47 wins
日立永大電梯股份有限公司高雄分公司 — 36 wins
台灣三菱電梯股份有限公司高雄分公司 — 32 wins
Fujitec — 30 wins
台灣三菱電梯股份有限公司台中分公司 — 28 wins
台灣三菱電梯股份有限公司台南分公司 — 26 wins
ASIA FUJI ELEVATOR SDN. BHD. — 25 wins
日立永大電梯股份有限公司台南分公司 — 25 wins

By type of work

maintenance — 2,101
new install — 714
modernization — 680
repair — 12

Asia-Pacific by type of work

maintenance — 2,101 notices
new install — 714 notices
modernization — 680 notices
repair — 12 notices

Asia-Pacific market

Companies profiled — 11
Tender notices — 4,435
Modernisation notices — 680
Independents’ share — 91.2%

Otis Worldwide Corporation in other markets

Otis Worldwide Corporation
Otis Ukraine — 522 wins
Otis France — 376 wins
Otis Italy (Servizi+CEAM) — 280 wins
Otis Colombia — 207 wins
Otis Portugal — 203 wins
Otis Croatia — 153 wins
Otis Americas (USA) — 148 wins
Otis Spain (Otis Mobility S.A.) — 129 wins
Otis Germany — 75 wins
ASCENSORES S.A. PERU — 74 wins
Otis Greece & Cyprus — 70 wins
Otis Austria — 67 wins
Otis Mexico & CA — 53 wins
Otis Romania — 52 wins
Otis Czech Republic — 46 wins
Eesti Otis AS — 45 wins
Otis Chile — 42 wins
Derm Elevator Tanzania (Otis Distributor) — 26 wins
Otis Brazil — 20 wins
Otis Canada — 20 wins
Otis Norway — 16 wins
Otis Malaysia — 13 wins
Otis Belgium — 12 wins