LS Electric wins 170 bln-won U.S. switchgear deal

News ClipYonhap News Agency·CA·10/19/2026

LS Electric announced a 170 billion-won contract to supply 38-kilovolt switchgear for a hyperscale AI data center being developed by an unidentified major U.S. technology company. The project’s location and customer were not disclosed, with deliveries planned to begin next year and the agreement running through 2028.

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South Korean electrical equipment manufacturer LS Electric said it won a 170 billion-won (about $127 million) contract to provide switchgear for a hyperscale artificial intelligence data center project in the United States. The customer, described as a major U.S. technology company, was not identified, and the project’s location was not disclosed.

The 38-kilovolt equipment is scheduled for delivery beginning next year, while supply volumes for 2028 will be determined through further consultations. LS Electric cited growing North American investment in power infrastructure as AI and cloud-computing demand increases.