# If LS ELECTRIC moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/ls-electric · Facet: ripple · Updated: 2026-07-12T04:02:58.465+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, LS ELECTRIC is directly linked to 4 companies (0 supply, 4 revenue relationships) and reaches 12 companies within two hops; the links are backed by 6 dated sources, 3 of them primary filings (as of 2026-07-12).

LS ELECTRIC operates across KOSPI, power gear, HV transformers & datacenter power. After a spike of +234.2% in 2024, gains cooled to +145% in 2025 and +73.2% in 2026. The stock (+73.2%) and its demand side (avg +44.2%) are moving in step. Among connected nodes the furthest ahead is Bloom Energy (+191%) and the furthest behind is Korea Electric Power (-44.9%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. At home its main customers include Korea Electric Power, Samsung SDI and LG Energy Solution, and it buys copper, electrical steel and transformer components from suppliers and affiliates.

## Demand chain (leading)
- T1 Korea Electric Power (https://valuechain.wiki/korea-electric-power.md)
- T1 Samsung SDI (https://valuechain.wiki/samsung-sdi.md)
- T2 Tesla (https://valuechain.wiki/tesla.md)
- T3 PG&E Corporation (https://valuechain.wiki/pg-e.md)
- T3 Edison International (https://valuechain.wiki/edison-international.md)
- T2 General Motors (https://valuechain.wiki/general-motors.md)
- T1 LG Energy Solution (https://valuechain.wiki/lg-energy-solution.md)
- T2 Toyota Motor Corporation (https://valuechain.wiki/toyota.md)
- T3 Mazda Motor (https://valuechain.wiki/mazda-motor.md)
- T2 Hyundai Motor Company (https://valuechain.wiki/hyundai-motor-company.md)
- T2 Honda Motor (https://valuechain.wiki/honda-motor.md)
- T2 DTE Energy (https://valuechain.wiki/dte-energy.md)
- T3 Oracle (https://valuechain.wiki/oracle.md)
- T1 Bloom Energy (https://valuechain.wiki/bloom-energy.md)
- T2 Equinix (https://valuechain.wiki/equinix.md)
- T3 Microsoft (https://valuechain.wiki/microsoft.md)
- T3 VeriSign, Inc. (https://valuechain.wiki/verisign.md)
- T2 American Electric Power (https://valuechain.wiki/aep.md)

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Full node: https://valuechain.wiki/ls-electric.md · JSON: https://valuechain.wiki/ls-electric.json