{
  "id": 15531558,
  "title": "LS Electric Secures $125 Million U.S. Data Center Power Supply Deal",
  "url": "https://urgent.news/2026/10/19/ls-electric-secures-125-million-u-s-data-center-power-supply-deal",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-19T01:26:32.000Z",
  "source": {
    "name": "Korea IT Times",
    "slug": "korea-it-times",
    "url": "https://www.koreaittimes.com/news/articleView.html?idxno=158256"
  },
  "original_language": "en",
  "account": "LS Electric has secured a significant $125.23 million contract with a major U.S. technology company to supply power distribution solutions for data centers. This long-term agreement, valued at approximately 168.9 billion won, runs until 2028 and covers deliveries scheduled for 2027. The company will provide 38kV high-voltage switchgear, an essential component that distributes power to data center equipment and protects its electrical systems. As major tech firms invest heavily in AI infrastructure, stable power supply becomes crucial. Long-term supply agreements help data center operators manage procurement and enable equipment manufacturers to plan production effectively. LS Electric is also exploring potential supply of additional equipment, such as low-voltage switchgear, distribution transformers, and ring main units (RMUs). The company is expanding its U.S. presence via facilities in Utah and Texas, bolstering its localized value chain and customer-focused project execution. LS Electric attributes its success in securing the contract to its technical expertise, ability to meet quality standards, and customer-centric approach. \"Our technological expertise in data center solutions and the trust built through customized project execution led to this long-term supply agreement,\" stated an LS Electric official.",
  "summary": "LS Electric has signed a long-term supply agreement worth approximately $125.23 million with a major U.S. technology company to provide power distribution solutions for data centers, strengthening its position in North America's fast-growing AI infrastructure market.The South Korean power equipment maker said Monday that the contract is valued at approximately 168.9 billion won. The agreement…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Microsoft pulls out of UK data centre deal with Nscale, Telegraph reports",
        "url": "https://urgent.news/2026/10/18/microsoft-pulls-out-of-uk-data-centre-deal-with-nscale-telegraph",
        "published": "2026-10-18T09:22:53.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Microsoft scraps UK data centre deal with Nscale, Telegraph says",
        "url": "https://urgent.news/2026/10/18/microsoft-scraps-uk-data-centre-deal-with-nscale-telegraph-says",
        "published": "2026-10-18T09:33:05.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "Microsoft pulls out of UK data center deal with Nscale, Telegraph reports",
        "url": "https://urgent.news/2026/10/18/microsoft-pulls-out-of-uk-data-center-deal-with-nscale-telegraph-15394961",
        "published": "2026-10-18T10:01:16.000Z"
      },
      {
        "outlet": "Economic Times Tech",
        "title": "Microsoft pulls out of UK data center deal with Nscale: Telegraph",
        "url": "https://urgent.news/2026/10/18/microsoft-pulls-out-of-uk-data-center-deal-with-nscale-telegraph-15407160",
        "published": "2026-10-18T11:28:10.000Z"
      },
      {
        "outlet": "Hindustan Times - World News",
        "title": "Microsoft pulls out of Nscale data center deal in UK amid power supply delays, report says",
        "url": "https://urgent.news/2026/10/18/microsoft-pulls-out-of-nscale-data-center-deal-in-uk-amid-power",
        "published": "2026-10-18T14:43:41.000Z"
      },
      {
        "outlet": "Tech in Asia",
        "title": "Microsoft exits data center deal with Nscale: report",
        "url": "https://urgent.news/2026/10/18/microsoft-exits-data-center-deal-with-nscale-report",
        "published": "2026-10-18T23:54:21.000Z"
      },
      {
        "outlet": "BusinessKorea",
        "title": "Microsoft Pulls Out of UK Data Center Deal Over Power Delays",
        "url": "https://urgent.news/2026/10/19/microsoft-pulls-out-of-uk-data-center-deal-over-power-delays",
        "published": "2026-10-19T01:26:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}