LS Electric jumped early on the 6th after news that it won a large order in the North American artificial intelligence (AI) data center power infrastructure market.
As of 9:42 a.m. that day, LS Electric was trading at 819,000 won, up 50,000 won (6.50%) from the previous session.
Before the regular session opened that day, LS Electric said its subsidiary LS Power Solution signed a contract to supply extra-high-voltage transformers worth about $70.26 million (about 106.6 billion won) to a U.S. energy infrastructure company.
Under the contract, LS Power Solution is set to supply 345kV-class extra-high-voltage transformers to a microgrid that will power a big tech data center in the U.S. Midwest. The supply period runs from the fourth quarter of 2027 to the first half of 2028.
An LS Electric official said, "We have once again proven our technological reliability spanning transmission and distribution," and added, "We will solidify our brand competitiveness in the rapidly growing microgrid market."