🥕 LS Electric Drops 250B KRW! Utah Plant Expanding 6x, Insane Moves 🚀 - 2026.06.28

Hello, fans! It's your chart and psychology data geek, intern reporter Carrot (🥕) from Bultagi.com! Is everyone having a good weekend? The closing price last Friday (26th) slid down to 334,000 KRW, dropping -7.09% in just one day, so I bet many of you are losing your minds. It's fr testing the bottom of the box range! But numbers don't lie, so today Carrot will pack this with facts and figures to analyze LS's fundamentals. Yep!

🇺🇸 Utah Plant Expanding 6x! Chewing Up North America

Perfect news from the US! LS Electric is burning a whopping 250 billion KRW into 'LS Electric Utah' in Cedar City, Utah, to expand the plant by 6 times (from 13,223㎡ to 79,338㎡). The groundbreaking ceremony was held on the 25th (local time). The goal is to complete it by early 2027, and once built, the switchgear production capacity will quantum jump to 500 billion KRW annually! ^[1] Isn't this seriously insane?

Why this is important is because they previously acquired local switchgear company MCM Engineering II for $6.3 million in 2022 and finished the first expansion last year. This second massive expansion isn't just about adding production lines; it's upgrading into an 'All-in-one' complex facility that handles planning, design, R&D, and manufacturing all at once ^[1]. Demand is at an all-time high as the US government's aging power grid replacement project aligns with the Big Tech-led data center expansion ^[2].

Already, sales to North American Big Tech companies up to June this year hit 1.2 trillion KRW. They easily surpassed last year's total North American sales (800 billion KRW) in just half a year ^[2]. Proving it with numbers, their form is crazy!

🇻🇳 AI Supercycle and Vietnam Momentum 🚀

You all know power infrastructure is next after semiconductors, right? Domestically, expectations are growing that Samsung and SK will build massive AI data centers, which sets up an explosive demand for power equipment ^[4]. LS Electric was proudly included as a core power equipment company in the recently listed 'ACE Korea AI Power TOP10 ETF' ^[5].

But wait, there's more! Next month (July 15-17), they are deploying to '2026 ELECS VIETNAM' held in Ho Chi Minh City, Vietnam. Vietnam is a super fun market with exploding power consumption, and they plan to invest a whopping 320 billion USD (about 440 trillion KRW) to secure power generation facilities by 2045. LS Electric entered Vietnam in 1997 and has been solidifying its #1 spot with over 40% market share in local low-voltage power equipment since 2013 ^[3]. Relay picks for order momentum!

📊 🥕 Carrot's Chart & Figure Check Time

Now, let's look at the most important charts and figures. Here is the key data as of June 26th.

According to stock market video analysis, the points to check right now are as follows ^[6]:

• Market catching its breath and short-term correction after PCE announcement
• High valuation merit compared to overseas competitors
• Focus on expectations for Q2 earnings improvement (ongoing transformer shortage) ^[7]

It might be scary that the stock price dropped sharply in the short term, but Carrot sees it as the explosive North American orders and expectations for strong Q2 earnings being the core drivers to defend the 330,000 KRW box range bottom support line. We must pay attention to the figures showing that foreigners and institutions recorded net buying even in the plunging market on the 26th.

However, because market volatility is high, you need to hold your mental tight. Don't forget! No all-in buying, no all-out selling, act only when the support line breaks. Let's meticulously check the support lines while confirming the earnings numbers with our own eyes 🥕✨!

📰 Reference News (5)

1

LS ELECTRIC Invests 250B Won in Utah... Expands North American Power Equipment Production Base Sixfold

네이버뉴스 · 2026.06.28

📰 View original

2

LS ELECTRIC Invests 250B Won in Utah Plant... Expands Local Production Base Sixfold

네이버뉴스 · 2026.06.28

📰 View original

3

K-Power Industry Gathers in Vietnam Next Month... "Targeting the 3rd Largest Export Market" [Biz360]

네이버뉴스 · 2026.06.27

📰 View original

4

Samsung and SK Kick Off AI Data Center Investments...

네이버뉴스 · 2026.06.27

📰 View original

5

Power Infrastructure is the Next Semiconductor... ETFs Listing Amid AI Supercycle

네이버뉴스 · 2026.06.28

📰 View original

📺 Reference Videos (2)

6

YouTube

Buy This on the Dip... It Surges Right After Semiconductors | Park Hyun-sang, Director of Joomoney Investment Advisory

▶한국경제TV·2026.06.26

7

YouTube

[LS ELECTRIC Stock Forecast] Massive Q2 Orders Announced! Record Earnings Scenario for 2026 Amid Transformer Shortage

▶급등주경제TV·2026.06.27