SEOUL, October 30 (AJP) - South Korea’s LS Electric is accelerating its push into the global data center market, forming new international partnerships to strengthen its foothold in advanced power infrastructure.
The company said on Thursday that it had signed a memorandum of understanding with Elecsis, a British manufacturer of low-voltage switchboards, to co-develop power systems tailored for data centers in the United Kingdom.
Founded in 2001 and based in Bristol, Elecsis specializes in the design and production of low-voltage switchboards, which are critical for managing electricity in large-scale facilities. The collaboration will combine LS Electric’s expertise in power equipment and testing with the British firm's local engineering and manufacturing capabilities to develop high-capacity, safety-focused switchboard solutions.
By partnering with Elecsis, LS Electric aims to tap into Europe’s fast-growing data infrastructure market, using local production and service networks to deliver customized power solutions for clients across the region.
The agreement follows a similar partnership earlier this month with Honeywell in the United States to jointly develop next-generation power management systems for North American data centers.
The U.K. data center market, projected to reach $15.2 billion this year and expand at an annual rate of more than 13 percent through 2030, has become a major target for infrastructure and technology companies racing to meet the surging power demands of artificial intelligence and cloud computing.
* This article, published by Aju Business Daily, was translated by AI and edited by AJP.
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