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.

2 public people · 0 tender wins · 16 verified market signals

Country	South Korea
Region	Japan & Korea · Asia Pacific · 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

Incheon International Airport has been recognized as the world's busiest airport for international passenger traffic.
An airport is recognized as the world's busiest for international passenger traffic, supported by 172 elevators, escalators, and moving walks, including Asia's longest moving walkway.
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…

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.

297 tender notices · independents hold 33.3% of named wins

OTIS ELEVATOR COMPANY (S) PTE LTD — 2 wins
GYLET LIFT (M&S) PRIVATE LIMITED — 1 win
HITACHI ELEVATOR ASIA PTE. LTD. — 1 win
Kleemann Elevators Australia Pty Lt — 1 win
KONE PTE LTD — 1 win
LIFT HUB ENGINEERING PTE. LTD. — 1 win
Schindler Lifts Australia P/L — 1 win
SCHINDLER LIFTS (SINGAPORE) PTE. LTD. — 1 win
TK ELEVATOR SINGAPORE PTE. LTD. — 1 win
4U ELEVATOR PTE. LTD. — 1 win
XJ ELEVATOR PRIVATE LIMITED — 1 win

By type of work

modernization — 9
maintenance — 4
new install — 2
repair — 1

Asia-Pacific by type of work

modernization — 9 notices
maintenance — 4 notices
new install — 2 notices
repair — 1 notices

Asia-Pacific market

Companies profiled — 11
Tender notices — 297
Modernisation notices — 9
Independents’ share — 33.3%

Otis Worldwide Corporation in other markets

Otis Worldwide Corporation
Otis France — 271 wins
Otis Portugal — 194 wins
Otis Italy (Servizi+CEAM) — 114 wins
Otis Americas (USA) — 36 wins
Otis Czech Republic — 34 wins
Otis Germany — 32 wins
Otis Spain (Otis Mobility S.A.) — 31 wins
Otis Norway — 16 wins
Otis Sweden — 9 wins
Otis Netherlands — 7 wins
Otis Denmark — 6 wins
Otis Greece & Cyprus — 6 wins
Otis Finland — 5 wins
Otis Hungary — 5 wins
Otis Singapore — 5 wins
Eesti Otis AS — 4 wins
Otis Poland — 4 wins
Otis UK — 4 wins
Otis Austria — 3 wins
Otis Croatia — 2 wins
Otis Slovakia — 2 wins
Otis Belgium — 1 win
Otis Romania — 1 win