Gaon Cable’s manufacturing facility in Gunpo, south of Seoul. Photo courtesy of Gaon Cable
June 18 (Asia Today) — South Korea’s Gaon Cable has supplied transmission cables worth tens of millions of dollars for a solar power complex in the United States, the company said Thursday.
The deal comes as the cable manufacturer expands its presence in the U.S. power infrastructure market.
Rapid construction of artificial intelligence data centers has intensified concerns about insufficient electricity supplies in the United States. Investment in new power sources, including solar generation facilities, and transmission networks has consequently increased.
Industry officials expect U.S. demand for power generation facilities and transmission networks to rise further as South Korea implements legislation supporting strategic investments in U.S. artificial intelligence and energy infrastructure.
Gaon Cable has also begun supplying power cables for AI data centers in the United States. The company expects its U.S. exports to more than double from about 100 billion won ($66 million) last year to about 200 billion won ($132 million) this year.
LSCUS, Gaon Cable’s U.S. subsidiary, has also continued to expand.
The subsidiary has secured long-term bus duct supply contracts worth more than 5 trillion won ($3.3 billion) with global technology companies and has recently added generative AI companies to its customer base.
Bus ducts are enclosed systems used to distribute large amounts of electricity within facilities such as data centers and factories.
Gaon Cable said its product range now extends from transmission cables connecting power plants and data centers to bus ducts that distribute electricity inside data centers.
“Products related to AI data centers and renewable energy have higher added value than general industrial products and are helping improve profitability,” Gaon Cable Chief Executive Chung Hyun said.
“We plan to continue upgrading our business portfolio with a focus on high-value products,” Chung said.
— Reported by Asia Today; translated by UPI
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Keywords:Gaon Cable, LSCUS, solar power, AI data centers, transmission cables, bus ducts, U.S. power infrastructure, renewable energy
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