GS Group, also known as General Satellite, is a Privately Owned company headquartered in Russia. Founded in 1991, the company employs approximately 180 individuals. It primarily specializes in the production of set-top boxes. The company operates under GS Holding Group, which also manages additional properties.
On September 29, 2026, Donghae began reinventing itself as a hub for new industries, including a hydrogen cluster AI data center. Earlier the same day, Gangwon Special Self-Governing Province Governor Woo Sang-ho visited the planned site for GS Group's AI data center at the Bukpyeong Second General Industrial Complex in Donghae, pledging to break ground before year's end through expedited administrative support for the 120 trillion won ($88.2 billion) mega-project. This follows earlier reports from September 18, 2026, which noted that GS Group’s 15 trillion Korean won ‘East Sea AI Data Center’ project, slated for completion in 2028, relies on finalizing long-term lease contracts with big tech companies. This is because 12 trillion Korean won, representing 80% of the project's total cost, is planned to be raised externally via project financing. Previously, on September 21, 2026, GS Group held its 5th Hackathon at the Westin Seoul Parnas, where employees proposed ideas using AI from in-house productivity improvements to broader business innovations. GS Group Chairman Huh Tae-soo attended the hackathon, encouraging artificial intelligence achievements and advocating for an AI transition rooted in practical industrial work sites.
GS Group offers 7 products in the telecoms tech industry. GS Group's product portfolio comprises of set-top boxes and broadband and VAS software.
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GS Group's revenues were less than $50M in 2024. Caretta Research has split GS Group's revenue into 4 different product categories, the largest of which is broadcast set-top boxes. For full access to GS Group's revenue breakdown subscribe to Caretta Portal.
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