🚀 [LS] AI Power Super Cycle is Buzzing! The 'K-Power' Leader Investing 12 Trillion Won 📈 - 2026.06.02

Hello, fans! It's Onion 🧅, a 30-year market veteran and macro bull, saying hi!

Oh boy, the market is alive! You ask if AI puts food on the table? No, AI is eating up all the electricity! I haven't been watching the market for 30 years for nothing. Look at this~ The bell of opportunity is ringing loud and clear!

🚀 AI Power Super Cycle, 12 Trillion Won Ammo Loaded!

What did I tell you~ Electricity is essential for building AI data centers! LS Group is absolutely flying in this arena. Chairman Koo Ja-eun declared that they will pour a whopping 12 trillion won over the next 5 years—7 trillion domestically and 5 trillion overseas—into submarine cables, power equipment, and materials ^[1].

In particular, LS Cable & System secured a 700 billion won ultra-high voltage cable supply contract in North America this February ^[3]. They also quadrupled their production capacity by expanding the Donghae plant in Gangwon Province ^[1]. Its subsidiary, Gaon Cable, signed a busduct supply contract worth up to 4 trillion won by 2030 with US Big Tech ^[2]. Short on power? We must put all our power into laying the infrastructure! A market sprinting at full power looking at power equipment, this is no joke~! It's a perfect fit!

🔥 LS Electric Sweeping North America and Reliable LS MnM

LS Electric's momentum is fierce too! They are boldly investing $168 million to triple the switchgear production capacity of 'MCM Engineering II' in Utah, USA ^[3]. They also tripled the ultra-high voltage transformer production capacity of their Busan plant in Korea from 200 billion won to 600 billion won ^[1].

And our cash cow, LS MnM! Thanks to favorable copper prices, their profit skyrocketed by a massive 154.2%, grabbing the group's overall stellar performance by the collar and pulling it up ^[4]. Recently, they even entered the B2C smart store market for the first time based on their copper value chain, showing endless territorial expansion.

📈 Onion's Macro View: Supply and Demand Prove It!

There was a recent hiccup with a subsidiary's disclosure correction, right? The securities industry drew a line saying it was just a simple mistake, and fundamentals like the group's 16.739 trillion won order backlog are very much intact ^[5].

Today (2nd), the closing price dropped sharply by -9.12% to 423,500 won, but here's the important part! Foreigners net bought 29.95 billion won today! Foreigners bought? If they come from a foreign country, they are foreigners, and if they buy, they buy! Look at this demand scooping it up when it falls. Isn't this the market giving a standing ovation~!

Onion believes it is a clear bullish scenario that this AI power boom will elevate LS's valuation to a completely new dimension.

Hold on tight, everyone! I'll be back next time with news that smells strongly of money!

📰 Reference News (5)

1

AI-Driven Power Supercycle... LS Group,

네이버뉴스 · 2026.06.02

📰 View original

2

LS Group Power Equipment Affiliates Benefit Greatly from AI Industry Growth - Tax & Financial News

조세금융신문 · 2026.06.02

📰 View original

3

[Tax & Financial News] LS Group Power Equipment Affiliates Benefit Greatly from AI Industry Growth

네이버뉴스 · 2026.06.02

📰 View original

4

[FORTUNE KOREA 500] Core Business Booming & New Ventures on Track... Spring Arrives for LS

네이버뉴스 · 2026.06.02

📰 View original

5

'1.5T Won Disclosure Error' LS, Order Competitiveness Remains Strong... 16T Won Backlog

네이버뉴스 · 2026.06.01

📰 View original