Powernet Achieves Record Results and Expands into AI Power Infrastructure... Highlights High-Efficiency Power Technology View original image

Powernet, which has sustained strong performance every quarter since 2024, recorded its highest-ever annual results last year.


On March 12, Powernet announced that its consolidated annual sales reached 447 billion won, with operating profit at 24.6 billion won. These figures represent increases of 38.5% and 85.0%, respectively, compared to the previous year—marking the company's highest-ever results.


On a standalone basis, sales also grew 7.4% year-on-year to 247.1 billion won, while operating profit rose 36.0% to 18.1 billion won, maintaining robust growth momentum.


Powernet has focused on securing growth drivers through business restructuring over the past several years. As a result, its new EMS, Battery, and B2C businesses have delivered stronger-than-expected performance, placing the company on a trajectory of structural growth. In particular, the company noted that both revenue growth and profitability improvements through internal innovation have reinforced the foundation for balanced, mid- to long-term growth, achieving both quantitative and qualitative expansion.


Based on this stable growth foundation, Powernet announced plans to secure new growth engines by entering the AI data center infrastructure market. A Powernet representative stated, "As the AI industry expands, power supply and demand issues are emerging as critical concerns. The industry is now undergoing a paradigm shift, moving beyond simple infrastructure expansion to a focus on power efficiency." The representative added, "Powernet plans to actively pursue the AI server PSU business, applying differentiated high-efficiency and high-density technologies."


The company further explained, "In line with the expansion of AI data center infrastructure, our goal is to develop and commercialize high-density products featuring world-class efficiency ratings by combining dynamic load prediction technology with high-efficiency design based on Digital GaN."



With global investment in AI data centers projected to reach a cumulative total of 7 trillion dollars by 2030, the Korean government is also accelerating the expansion of AI infrastructure under its 'Sovereign AI' strategy. Powernet's strategy is to secure world-class domestic technology and serve as the heart of 'AI KOREA' as South Korea emerges as Asia's AI hub.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing