LS Electric获北美大型科技客户AI数据中心电力基础设施追加订单

LS Electric (010120.KS) said on the 24th that it has won a contract worth $165.72 million (about 230.9 billion won) to supply power infrastructure for an artificial intelligence data center project for a major North American technology company.
The company had earlier signed a $70.43 million (about 106.4 billion won) contract in June to supply a 38-kV high-voltage power distribution system to the same client. It more than doubled the size of the deal after the client requested a larger volume. The contract runs from June 8, when the original agreement was signed, through January 30, 2027.
LS Electric said the additional order was driven by the trust it built by successfully delivering the distribution system under the earlier supply contract. It added that the company had won recognition for both its technology and its execution by meeting the demanding quality standards and tight delivery timelines of a global technology giant.
LS Electric said it has secured supply-chain stability and delivery competitiveness through local production bases, including "LS Electric Utah" and the "Bastrop Campus" in Texas.
The company said it plans to accelerate efforts to take an early lead in the next-generation AI data center power infrastructure market, including direct-current distribution. "We are securing additional orders as we successfully carry out projects for global big tech clients," a company official said. "We will focus company-wide capabilities on solidifying our position as a key partner to global big tech firms and expanding our dominance in the AI data center power market."