Gaon Cable, a subsidiary of LS Cable & System, has moved to target the domestic and overseas data center power infrastructure market.
On the 23rd, Gaon Cable said it will supply underground transmission cables worth hundreds of billions of won for an 80-megawatt (MW) data center construction project in Gyeonggi Province.
This project is to build a power grid to supply electricity needed to operate the data center, and Gaon Cable will handle both the supply of transmission line materials and construction in a one-stop manner. In particular, it plans to enhance power supply stability by establishing a dual power system that secures both primary and backup power at all times.
Gaon Cable is the No. 1 company in Korea's MV (medium-voltage) cable market. Building on technology accumulated in transmission and distribution, Gaon Cable is expanding its data center power grid business. Local U.S. subsidiary LSCUS secured a long-term busduct supply contract worth 5 trillion won with global big tech corporations. As a result, Gaon Cable is building a business structure that supplies everything from cables for external data center power grids to busducts for internal power distribution, expanding its business scope into data center power infrastructure.
Jeong Hyeon, CEO of Gaon Cable, said, "Data center competitiveness begins with a stable power supply," and added, "We plan to expand the data center power infrastructure market based on our capabilities in supplying and constructing transmission lines."