LS Electric Wins $165.7 Million AI Data Center Power Equipment Order from US Big Tech

Substantial Increase in Previous Order Volume, Contract Doubled
Trust Secured Through Quality and Delivery Capabilities

LS Electric has signed a large-scale agreement to supply power equipment for the construction of data center power infrastructure for major North American big tech (large IT companies), accelerating its push into the global market.

LS Electric announced on the 24th that it has won an AI data center power equipment supply project from a North American big tech company, valued at approximately 230.9 billion won (about 165.72 million USD).

This order represents a more than two-fold increase in contract size compared to the previous agreement signed last June, following a sharp rise in order volume at the customer's request. At that time, LS Electric had signed a contract to supply a 38-kilovolt (kV) high-voltage distribution system worth 106.4 billion won (approximately 70.43 million USD) with the same client. With this increase, the contract amount now exceeds the company's public disclosure threshold of approximately 124.1 billion won (2.5% of last year's consolidated sales).

The full contract period runs from June 8 of this year to January 30 of next year.

This additional order is viewed as a result of LS Electric building strong trust by meeting strict power quality standards and fast delivery requirements. The company has proven its outstanding supply chain stability and quick delivery capabilities with its local production bases, such as "LS Electric Utah" in Utah and the "Bastrop Campus" in Texas. Leveraging this order, the company plans to accelerate its dominance in the next-generation AI data center power infrastructure market, such as direct current distribution.

An LS Electric official stated, "We are continuing to win additional contracts by successfully carrying out global big tech clients' projects," adding, "We will solidify our position as a key partner to global big tech companies based on our proven technological capabilities and stable supply chain, and focus company-wide efforts on expanding our influence in the AI data center power market."

Aerial view of LS Electric Bastrop Campus, Texas. LS Electric

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