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LS Corp. Bets on Ultra-High-Voltage Transformers Amid AI Data Center Boom

2 Feb 2026
LS Corp., the holding company of LS Group, announced plans to significantly expand investment in ultra-high-voltage transformers as part of a five-year domestic and overseas infrastructure strategy.

The company plans to invest USD 4.8 billion (KRW 7 trillion) in South Korea and USD 3.5 billion (5 trillion KRW) overseas, focusing on expanding production capacity in core power infrastructure segments such as submarine cables and ultra-high-voltage transformers. These areas are seen as critical to meeting rising electricity demand linked to the power supercycle.

The investment strategy follows strong operational momentum across key subsidiaries, including LS Cable & System, LS Electric, and LS MnM. According to the company, these affiliates benefited from increased infrastructure spending in North America and Europe, particularly related to the expansion of artificial intelligence (AI) data centers and grid modernization.

LS Cable & System reported growth supported by higher-value projects such as high-voltage direct current (HVDC) submarine cables, while LS Electric expanded its global footprint through power systems and ultra-high-voltage transformer supply for overseas data center projects. The two companies together secured more than 10 trillion Korean won in overseas orders by the third quarter of last year.

Alongside the investment announcement, LS Corp. reported record consolidated sales of USD 21.8 billion (KRW 31.8 trillion) in 2025, with operating profit exceeding USD 688 million (KRW 1 trillion) for the second consecutive year.

The company said the planned investments are intended to strengthen long-term competitiveness and reinforce its position in global power infrastructure markets.

Source: chosun.com

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