LS Electric Wins $70 Million Power Distribution Deal for US Big Tech AI Data Center

Building 38kV-Class High-End System North America Big Tech Orders Reach 1.2 Trillion Won This Year Surpasses Last Year's Annual Order Volume in Just Six Months

Finance|
|
By Yoo Hyun-wook
|
null - Seoul Economic Daily Finance News from South Korea

LS Electric has once again proven its strong competitiveness in North America by winning additional orders for high-end power distribution systems for a North American Big Tech company's artificial intelligence (AI) data centers.

LS Electric announced on the 17th that it recently signed a contract to supply 38-kilovolt (㎸) high-voltage power distribution systems worth about $70.43 million (106.4 billion won) for a North American AI data center construction project. An existing Big Tech customer placed the additional order, with delivery running from August to November.

To date, LS Electric's total orders for North American Big Tech data center projects approach 1.2 trillion won. Having surpassed last year's North American data center construction-related order volume (800 billion won) in just half a year, the achievement is interpreted as a signal that the company's local business has fully entered a long-term, high-growth cycle.

The consecutive orders are seen as rooted in LS Electric's unrivaled technology and quality, as well as its differentiated project execution capabilities, including strict adherence to delivery schedules.

Building on production bases established in U.S. states such as Utah and Texas, LS Electric is strengthening its supply chain stability and delivery competitiveness. The company also boasts high quality competitiveness, having accumulated extensive references for core power equipment by carrying out numerous data center projects domestically.

An LS Electric official said, "Based on the trust we have built with Big Tech companies, we are winning additional data center projects one after another and gaining recognition for our technology and supply capabilities," adding, "We will further strengthen our position as a power infrastructure partner for global Big Tech companies and accelerate efforts to achieve our best-ever performance this year."

Companies in this story

Original reporting by Yoo Hyun-wook for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

00:0004:34

AI KEY

Preview
Korean Corporate Intelligence HubKOSPI · KOSDAQ · 12 sectors

A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.

Korea Chaebol Tree

Preview
Families Behind the GroupsKFTC May 2026 · DART filings

An English-first interactive map of Samsung, SK, Hyundai, LG and Lotte — built for foreign investors, correspondents and analysts. Korea translates companies into English. We translate the families behind them.

SIGNAL

Pre-register
English Edition · Capital MarketsM&A · IPO · PE · Fund Flows

Pre-register for SIGNAL English Edition — a premium subscription bringing Korean capital markets coverage (M&A, IPOs, private equity, fund flows) to global institutional investors. First access to the 50% introductory rate.