Thanks for those links. That second one in particular is very interesting. Here is a direct cut and past from the WIKI Page I lifted some of the information I provided. Please see the last sentence.
"LS Tractors is an engineering company. It is a division of LS Cable in South Korea. The group was originally part of the LG conglomeration, and was known as LG Tractors and LG Cable, respectively.
LS is associated with Mitsubishi tractors of Japan for technology, and many tractors are based on Mitsubishi designs, as well as use Mitsubishi engines. LS also imports New Holland Ag tractors to resell as LS-New Holland. (They originally had agreements with Fiat, which purchased New Holland. New Holland is a division of CNH Global)."
Now Wiki is by no means the final authority on anything. But by in large, the data contained there is generally accurate. The link you posted and the Wiki page seem to contradict each other. Who honestly knows which one is right. And then, maybe one or both are being viewed out of context. I do believe from other sources that the LS brand name did sell some New Holland tractors as LS. Rather or not LS actually built those New Holland tractors I guess is somewhat fuzzy. This conversation is purely academic by the way. I am not putting this out there to prove or disprove any point. Just conversing.
Time for a bit of Opinion.
I must admit that I have never been a fan of New Holland Tractors. A few childhood friends have owned different models over the years, and they are,,, what they are. Don't get me wrong, it's not that they are a bad tractor. I have already said that nobody really makes a terrible tractor anymore. Heck, even Jinma tractors are pretty good for what they are. But I am not surprised to learn some of the line up are Korean in make.
IMHO, There are a lot of Asian companies making tractors designed specifically for the Asian Market. There is a lot of small agriculture going on in some of these smaller economies, and the average owner can not afford super expensive tractors. What they are built to be is rugged. That's all they need to be. They do not require refinements and extra gadgets. All they need to do is run when they are called upon, and pull plows, wagons and so on. These same manufactures polish these tractors made for the Asian market up a bit, and sell them in the US. And they all share some similarities. Namely, they are just not as refined. And secondly, they often have a litany of tractor names connected to the same manufacturer. This sets these companies apart from those others whom produce only one brand of tractor, specifically for the US market. They are not trying to be all things to all people. They are building "Their Brand", and constantly refining them to the Market they were designed for.
This does not make a Kubota necessarily any "Better Then a New Holland, LS Tractor, or Mahindra, you get the point. But the tractors specifically designed for the US market reflect just that. Further, and most importantly to me, these tractors developed for the US market are also backed by a support and sales network to match. Something that these Asian companies struggle to compete with. In a way, the cards are stacked heavily against them in that sense, only because there are just SO MANY of them. There will always be a market for Economy Tractors. But the economy can never FULLY SUPPORT 57 different brands, enough to establish the kinds of networks that are available for JD, Kubota and so on.
One might ask then, why is New Holland one of the big players if they are selling tractors made by companies such as LS. Well, I would argue two points. Fist New Holland has been around for a considerably long time in the US. And they are still well known for their large agricultural tractors. But through mergers and acquisitions, New Holland is a diversified company. They contract out to companies in order to get into some markets. CUT's being a relevant example. So are New Holland Cut's really New Holland? Well, apparently not, they are actually LS Tractors, which is a Korean Company, building Korean Tractors, designed primarily for the Asian market. So what does the name New Holland mean anymore? New Holland to a degree is running on their Name and reputation from a long time ago. The name has recognition. And I assume their larger agri tractors are actually still generally "New Holland", if you take my meaning, even though FIAT owns the production line now.
Anyhow, all this to basically say, I am not surprised to find that some New Holland Equipment is made by a Korean Company. It would go a long way in explaining why I never really fell in love with them.
P.S.
Before someone speaks up and mentions that JAPAN is also an Asian country, I don't think I need to point out the distinction between the business models of companies like Kubota, VS these other Economy Tractor companies, do I?