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ls electric

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Large group posing outside a red industrial building with a company sign.

LS Electric secures 185.3 billion won transformer deal in U.S.

Under the contract with global power solutions provider Bloom Energy, LS Electric will supply power equipment for a fuel cell-based on-site power generation project at a major U.S. technology company's data center in Pennsylvania.

2026.10.13

LS Electric secures $132 million transformer deal for U.S. data center

The Korean power equipment maker will supply 345-kilovolt transformers under a 180 billion won contract for a hyperscale AI data center project in the United States.

2026.10.1

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LS Electric, GE Vernova target HVDC market

The companies will form a joint venture to develop HVDC solutions for Korea's renewable power grid and global markets.

2026.8.26

This photo provided by LS Electric Co. on Nov. 28, shows its energy storage system facility located in Saitama, north of Tokyo. [YONHAP]

LS Electric starts construction of grid-connected ESS facility in Japan

LS Electric, a Korean electrical equipment maker, said Friday it has started the construction of a grid-connected energy storage system (ESS) facility in Japan as part of efforts to expand its overseas business.

2025.11.28

LS Electric quietly dominating key U.S. sector, sets sights on Texas data centers

LS Electric commands over 90 percent of Korean firms’ North American orders for switchgear. Orders in the United States are increasing, driven by the recent boom in AI and ensuing spike in data centers that fuel the demand.

2025.11.9

A high-voltage transformer manufactured by HD Hyundai Electric [HD HYUNDAI ELECTRIC]

Power equipment makers post big Q3 earnings on AI boom

Korean power equipment makers continued to post strong earnings in the third quarter, driven by booming demand for high-voltage transformers and data center infrastructure amid a global AI investment surge.

2025.10.23

A worker produces switchgears at LS Electric's manufacturing plant in Bac Ninh, the outskirts of Hanoi, Vietnam. [SARAH CHEA]

LS Electric scales up Vietnamese plant to tap into Asean potential

LS Electronic is gearing up for a massive increase in business in the Asean region, with its factory on the outskirts of Hanoi, Vietnam, at max production capacity for its power distribution solutions.

2025.7.21

Visitors flock to LS Electric's booth at Elecs Vietnam 2025 at the Saigon Exhibition and Convention Center in Ho Chi Minh City on July 16. [SARAH CHEA]

Riding AI wave, LS Electric seizes Asean as next power bastion

Three decades after leading the charge into Vietnam, LS Electric is again at the forefront of Korean power systems providers expanding into the Asean region on the back of Big Tech's expansion there on cheap electricity and ample land.

2025.7.16

LS Electric CEO and Chairman Koo Ja-kyun speaks during the opening of the company's Texas manufacturing plant in April. [LS ELECTRIC]

LS Electric on U.S. Big Tech’s radar for power system partnership: CEO

LS Electric's CEO highlights growth from U.S. tech demand, reporting significant revenue increases and ongoing expansion in power solutions for data centers.

2025.7.15

LS Cable Chairman and CEO Koo Ja-kyun, right, and Power Electronics CEO David Salvo pose for a photo after signing an MOU for a business partnership in the renewable energy sector at the Spanish company's headquarters in Barcelona on June 6. [LS ELECTRIC]

LS Electric joins hands with Spanish firm to win global ESS deals

LS Electric, a Korean electric equipment maker, said Thursday it has partnered with Spanish inverter manufacturer Power Electronics to expand its energy storage system (ESS) business in global markets.

2025.6.12