LS

■ Signed a KRW 170.3 billion contract to supply data center power solutions to a North American big-tech company

■ Recognized for quality and supply capabilities ··· Has won KRW 500 billion in big-tech data center orders so far this year

■ Stepping up business expansion based on Utah and Texas hubs ··· “Accelerating efforts to secure market leadership”

LS ELECTRIC is expanding its presence in the North American hyperscale data center power infrastructure business by securing orders in succession.

On the 13th, LS ELECTRIC announced that it signed a sales and supply contract worth USD 114.97 million (KRW 170.3 billion) for the “North American data center power equipment supply project.”

Under this contract, LS ELECTRIC will supply switchgear and distribution transformers to a hyperscale data center being built by a major North American big-tech company.

With this order, LS ELECTRIC has once again been recognized by the market for its capability to supply total power equipment—from extra-high voltage to distribution—required for hyperscale data centers.

Because data centers must reliably supply large-scale power 24/7, the criteria for selecting power infrastructure suppliers are known to be extremely strict, and the verification process is also demanding. LS ELECTRIC’s power solutions are evaluated as being broadly recognized not only for product quality but also for supply stability, delivery responsiveness, and overall capability to execute locally tailored projects.

Recently, as artificial intelligence (AI) spreads, power consumption at data centers has increased sharply, driving the construction of “hyperscale” facilities. Beyond simply interconnecting with existing power grids, data centers are being reorganized around microgrid infrastructure (small-scale power networks) equipped with their own power generation facilities.

Data center power consumption has entered a phase of structural surge. In 2024, global data center electricity consumption was about 415 TWh—meaning a single industry is already consuming electricity on a country-scale level. By 2030, it is expected to more than double to about 945 TWh.

The North American data center power infrastructure market is projected to grow at a CAGR of 6.7%, from about USD 15.8 billion (about KRW 23.5 trillion) in 2025 to about USD 23.5 billion (about KRW 35 trillion) in 2031.

LS ELECTRIC plans to accelerate business expansion with MCM Engineering II in Utah and the Bastrop campus in Texas as its two key production hubs.

An LS ELECTRIC official said, “As demand for power infrastructure surges along with the expansion of hyperscale data centers, our power equipment technology and supply competitiveness are being recognized as competitive in the global market,” adding, “We will strategically expand our data center power business with North America as a base and accelerate efforts to secure market leadership.”?