LS Electric Signs KRW 168.9 Billion Data Center Power Distribution Deal With U.S. Big Tech Firm
TECHWORLD ·
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LS Electric has signed a long-term supply contract (LTA) for North American data center power distribution solutions with a U.S. big tech company.
The contract is worth about KRW 168.9 billion (USD 125.23 million), and the contract period runs for two years from 2027 to 2028.
The order amount this time is based on the volume scheduled for delivery in 2027, and the 2028 business scale will be determined through additional discussions.
LS Electric has signed a supply contract for North American data center power distribution solutions with a U.S. big tech company. LS Electric announced the contract on the 19th, and the deal takes the form of a long-term agreement (LTA). Through the contract, LS Electric is seeking to secure a leading position in the North American data center power infrastructure market.
The contract is worth about KRW 168.9 billion (USD 125.23 million). The contract period runs from 2027 to 2028, for two years. However, the order amount this time is based on the volume scheduled for delivery in 2027.
The 2028 business scale will be determined through additional discussions with the big tech company. Accordingly, the disclosed contract value is based on 2027 volume.
The supply item is a 38kV-class high-voltage switchgear. The 38kV-class high-voltage switchgear is responsible for stably distributing high-voltage power supplied to data centers by facility, and it also plays a role in protecting equipment when power abnormalities occur. This equipment is a core part of the data center's power infrastructure.
AI data centers require the stable supply of large amounts of power 24 hours a day, so related products demand high reliability and quality. LS Electric is supplying high-voltage switchgear.
LS Electric is discussing additional supply of low-voltage switchgear, and is also discussing additional supply of distribution-class transformers and RMU(Ring Main Unit; high-voltage gas load break switch). These additional supply items are high-end power equipment tailored to data centers. LS Electric has world-class data center solution technology, and has accumulated experience in carrying out customized data center projects. The trust built through that process led to this long-term supply contract.
LS Electric plans to expand its supply of high-value-added products for data centers in the future to secure a stable revenue base and maximize profitability.
Source: TECHWORLD · Lee Gwang-jae
Original: https://www.epnc.co.kr/news/articleView.html?idxno=408368
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Source: TECHWORLD
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