LS Electric: Increasing Supplies for Distribution Board Components to Elon Musk's XAI Data Centers

• LS Electric, one of the major power equipment providers in Korea, became a new supplier of distribution board components to Elon Musk's xAI data centers in Memphis, Tennessee.

• Some of the major electric utilities and other companies in the US have been reluctant to use electrical equipment products from China due to quality and security concerns.

• Therefore, leading Korean companies such as LS Electric have been beneficiary of receiving more orders from the major US electrical utilities and other major companies in the US.