Korea Joongang Daily
Korea JoongAng Daily

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.

2025-11-10

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

New LS-L&F battery plant completed in Saemangeum

LS-L&F Battery Solution (LLBS), a joint venture between LS Group and L&F, held a completion ceremony Tuesday for its new precursor plant at the Saemangeum National Industrial Complex in Gunsan, North Jeolla.

2025-09-30

LS Cable wins $115M submarine cable order from Taiwan

LS Cable & System, Korea's leading wire and cable maker, said Monday it has secured a 160 billion won submarine cable contract from Taiwan.

2025-09-01

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.

2025-07-21

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.

2025-07-16

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.

2025-07-15

LS Cable joins Korea-Japan submarine cable project led by Microsoft, AWS

LS Cable & System and its undersea communication cable subsidiary said Wednesday that they will take part in a large-scale telecommunications infrastructure project led by a global consortium including Microsoft and Amazon Web Services.

2025-06-25

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.

2025-06-12