Gaon Cable is accelerating its efforts to tap into the rapidly growing power infrastructure market for data centers, driven by the expansion of artificial intelligence (AI) and cloud technologies.
On June 23, Gaon Cable announced it will supply underground transmission lines worth hundreds of millions of won for an 80-megawatt (MW) large data center project in Gyeonggi Province.
The company plans to handle both the supply of transmission line materials and construction, establishing a dual power system that ensures a continuous power supply alongside backup power to enhance stability.
Data centers require a reliable supply of large-scale power 24/7, making the design and construction capabilities of power networks a key competitive advantage. The demand for power in data centers has surged, particularly with the rise of generative AI services, leading to rapid growth in the related power infrastructure market.
As the leading company in the domestic medium-voltage (MV) cable market, Gaon Cable is expanding its data center power network business based on its accumulated expertise in the transmission and distribution sector. The company has also secured long-term supply contracts for bus ducts worth approximately 5 trillion won with global tech giants through its U.S. subsidiary, LSCUS.
Consequently, Gaon Cable is establishing an integrated business structure that supplies cables for external power networks as well as bus ducts for internal power distribution, positioning itself as a specialized company in data center power infrastructure.
"The competitiveness of data centers begins with stable power supply," said Jeong Hyun, CEO of Gaon Cable. "We will strengthen our efforts in the data center power infrastructure market based on our capabilities in supplying and constructing transmission lines."
* This article has been translated by AI.
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