Korean Power Equipment Firms Expand Into Data Center Distribution

HD Hyundai Electric, LS Electric and Hyosung Heavy Industries are expanding their positions in the power distribution equipment market, according to inews24.com. The moves include a new investment, a long-term supply contract for data centers and a new direct-current (DC) distribution product.

HD Hyundai Electric said it will invest an additional 198 billion won in its Cheongju distribution campus. In the third quarter, the company's distribution equipment and new business revenue reached 325.1 billion won, up 85.8% year on year.

LS Electric reported third-quarter switchboard revenue of 541.6 billion won, up 119.8% from 246.4 billion won a year earlier. The company also signed a 168.9 billion won long-term supply contract with a US big tech company for data center distribution solutions, running from 2027 to 2028 and beginning with 38kV high-voltage switchboards.

Hyosung Heavy Industries posted third-quarter consolidated revenue of 1,740.6 billion won and operating profit of 243.5 billion won, up 7.2% and 10.8% year on year, respectively. In August, at CIGRE 2026 in Paris, the company presented a DC distribution solution for data centers built around its Solid State Transformer (SST).