Understand this story
LS Electric has signed a long-term agreement worth approximately KRW 170 billion (USD 125.23 million) to supply 38kV high-voltage switchgear for the AI data centers of a major U.S. technology company. According to a report by The Elec on October 19, 2026, the contract covers 2027 to 2028, with the disclosed amount corresponding to 2027 delivery volumes, while 2028 supply volumes remain subject to further negotiation. The report also states that the company is simultaneously negotiating additional orders for low-voltage switchgear, distribution transformers, and high-voltage ring main units. The agreement is currently in a signed state, with the subsequent scope of supply and amounts still to be clarified.
AI-generated from public reports
Latest development · Report
LS Electric Wins 170 Billion KRW US AI Data Center OrderDevelopments
1 confirmed developments
Reports and discussion timeline
Browse reports and discussion by time. Their evidence levels remain distinct.
Oct 19
The Elec
LS Electric Wins 170 Billion KRW US AI Data Center Order
LS Electric has signed a long-term agreement worth approximately 170 billion KRW (125.23 million USD) to supply 38kV high-voltage switchgear for the AI data center of a major US technology company. The contract covers 2027 to 2028; the announced amount corresponds to 2027 deliveries, while 2028 supply volumes are subject to further negotiation. The company is also negotiating additional orders for low-voltage switchgear, distribution transformers, and high-voltage ring main units.