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LG Signs 5GW AI Data-Center Cooling Contract in North America

By Drooid · Oct 7, 2026, 3:50 PM UTC · How we work

Summary

LG AI Cooling Contract

LG Electronics signed a long-term 5 GW AI data-center cooling supply contract with Air Control Concepts in North America.
The company reported Q3 revenue of 23.827 trillion won, up 8.9% year-on-year.
Operating profit rose 13.5% to 781.8 billion won, still 17% below consensus.
Shares jumped over 7% to 232,500 won on Oct 6, then fell 8% to 214,000 won after the earnings miss.
LG plans to expand AI-cooling production, targeting several-billion-dollar orders for 2026.

Summary

LG Supplies Cockpit

LG Electronics will supply a next-generation integrated cockpit for Renault Group’s Trafic E-Tech electric van.
The van was named International Van of the Year 2027 by 26 journalists at IAA Transportation show on Sept. 14.
The cockpit merges instrument cluster and infotainment, cutting roughly 80 ECUs to two high-performance computers.
Over-the-air updates will let AI-based features be added or improved after delivery, like smartphone upgrades.

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LG AI Cooling Contract

LG Electronics signed a long-term 5 GW AI data-center cooling supply contract with Air Control Concepts in North America.
The company reported Q3 revenue of 23.827 trillion won, up 8.9% year-on-year.
Operating profit rose 13.5% to 781.8 billion won, still 17% below consensus.
Shares jumped over 7% to 232,500 won on Oct 6, then fell 8% to 214,000 won after the earnings miss.
LG plans to expand AI-cooling production, targeting several-billion-dollar orders for 2026.

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