
LS Electric
Memorandum of Understanding
LS Electric
Memorandum of Understanding
We signed a MOU on the 29th October with LS ELECTRIC for the development of low-voltage switchgear for data centers.
LS ELECTRIC is accelerating its efforts to penetrate the global data center market by establishing strategic partnerships with global partners. Following a recent collaboration with Honeywell in the US, LS ELECTRIC has signed a memorandum of understanding (MOU) with Elecsis.
LS ELECTRIC signed an MOU with Elecsis, a UK switchgear manufacturer, at Elecsis’ headquarters. The agreement pertains to the joint development of low-voltage (LV) switchgear for UK data centers.
LS ELECTRIC are working with Elecsis, as we are a switchgear manufacturer with specialised expertise in the direct design and production of low-voltage switchgear.
The two companies have agreed to collaboratively develop high-spec switchgear solutions featuring high breaking capacity and safety, meeting the expanding demand centered on UK data centers. This will combine Elecsis’ local standard switchgear design and production capabilities with LS ELECTRIC’s power device solutions for data centers and its testing and development capabilities through its in-house Power Testing & Technology (PT&T). 
Furthermore, leveraging Elecsis’ local production and technical support capabilities in the UK, the collaboration aims to provide bespoke solutions and strengthen collaborative networks across major European countries, starting with the UK.

This agreement is significant as it targets the rapidly growing UK data center market and involves collaboration with local companies possessing distribution solutions and networks.
The global data center market is experiencing rapid growth driven by the expansion of cloud services and increased demand for AI infrastructure. The UK data center market is estimated to reach approximately USD 15.23 billion (KRW 21.885 trillion) by 2025, projecting an average annual growth rate of 13.3% until 2030.

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