Samsung Electrical: Its Subsidiary Inks Contract for Energy Storage Oil-Immersed Transformer Project at US Data Center, Worth Around RMB 885 Million
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Author:小编   

Samsung Electrical made an announcement stating that its wholly-owned subsidiary, Aux Smart Technology, has successfully secured the bid for an energy storage oil-immersed transformer project at a data center in the United States. The contract boasts a total value of USD 132 million, which roughly translates to RMB 885 million. This significant amount accounts for 6.16% of the company's audited revenue projected for 2025. The execution of this contract is expected to yield a favorable impact on the company's operational performance. Moreover, it marks a notable stride forward in the company's endeavors within the data center segment of the US power distribution business.