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LS Electric Secures KRW231 Billion Power Infrastructure Supply Contract in US

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LS Electric (KRX:010120) secured a 230.9 billion won contract with LS Electric America to supply power infrastructure for data centers operated by major technology companies in the US, according to a Monday filing with the Korean Exchange.

The South Korean electrical equipment maker said the contract runs from June 8, 2026, to Jan. 30, 2027, and is equivalent to 4.65% of its 2025 consolidated sales.

The contract was amended on Aug. 21 to increase the contract value, with payments to be made based on invoices issued according to the delivery schedule for each product.

Shares of the South Korean electrical equipment maker rose 2.57% in recent trade.

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