Panoramic view of LS ELECTRIC’s Bastrop campus in Texas, United States (provided by LS ELECTRIC)
LS ELECTRIC announced on the 24th that it has won a project from a North American big tech company to supply power facilities for an artificial intelligence (AI) data center, worth USD 165.72 million (approximately KRW 230.9 billion).
This disclosure follows a significant increase in the volume of an existing order contract signed in June. LS ELECTRIC initially signed a contract with the company to supply 38kV (kilovolt) high-voltage power distribution systems valued at USD 70.43 million (approximately KRW 106.4 billion). However, by securing additional volume based on its local responsiveness and technological capabilities, the total contract size has more than doubled. The contract period runs until January 30 next year.
LS ELECTRIC is operating local production bases in U.S. states including Utah and Texas to strengthen supply chain stability and delivery competitiveness. A company representative said, “Based on proven technological capabilities and a stable supply chain, the company will solidify its position as a key partner for big tech companies and expand its dominance in the AI data center power market.”
Lee Min-a
AI-translated with ChatGPT. Provided as is; original Korean text prevails.
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