Long-Term Data Center Power Infrastructure Supply Contract — KRW 1.12 Trillion
Original: 투자판단관련주요경영사항
Summary
HD Hyundai Electric has signed a long-term supply agreement worth KRW 1,121.2 billion (approximately USD 721 million), representing 27.5% of its annual revenue, for data center distribution and power equipment. The contract runs from July 2, 2026 through January 1, 2029, with the US Atlanta subsidiary (HD Hyundai Electric America Corporation) acting as the direct counterparty after it concluded a product-specific addendum agreement with an unnamed global big-tech firm. Individual purchase orders will be issued separately throughout the contract period, each triggering its own regulatory filing if it meets disclosure thresholds. The sheer scale — more than one-quarter of annual revenue — signals a sustained, high-volume backlog of AI/data-center-driven power equipment demand.