Gaon Cable to Supply KRW 200 Billion Worth of Busducts to Hyperscale US AI Data Center

Photograph) Panoramic view of Gaon Cable's US production subsidiary LSCUS■ Largest scale for single building, with deliveries planned throughout 2027  ■ Customer base expanded from big tech and generative AI companies to AI cloud providers■ In talks for additional projects 2-3x the current contract size, fueling expansion into the US AI data center marketGaon Cable (CEO Jeong Hyun) has signed a large-scale busduct supply contract with a US AI cloud provider as it ramps up business in the North American AI data center market. The company announced on the 20th that its US subsid..

2026-08-20

Gaon Cable Wins First Power Cable Supply Contract with Singapore's Land Transport Authority

Photograph) Panoramic view of Gaon Cable's Gunpo plant■ First contract since vendor registration, with potential for follow-up projects  ■ Profitability and growth potential improve with expansion into overseas markets such as the US and Asia■ Record performance in first-half raises expectations for yearGaon Cable (CEO Jeong Hyun) announced on the 6th that it will supply approximately KRW 60 billion worth of power distribution cables for a Mass Rapid Transit (MRT) power grid construction project under Singapore's Land Transport Authority (LTA). This is Gaon Cable’s first order..

2026-08-06

Gaon Cable Wins First Order for Power Plant Cables from US Big Tech Company

Photograph) Panoramic view of Gaon Cable's Gunpo plant ■ To supply KRW 50 billion worth of power distribution cables for internal power plant use  ■ Direct contract with big tech firm raises expectations for follow-up projects  ■ Ramping up expansion into US AI power market by simultaneously supplying cables and power equipmentGaon Cable (CEO Jeong Hyun) will export power plant distribution cables to a US big tech company for the first time.The company announced on the 28th that it will supply approximately KRW 50 billion worth of power distribution cables for a powe..

2026-07-28

Gaon Cable Accelerates Growth Through Expanding US Exports, Posts Record Performance for First Half

Photograph) Panoramic view of Gaon Cable's Gunpo plant■ First-half revenue and operating profit reach record highs, with operating profit surging 41.8%  ■ Export growth driven by expanding investments in US AI data centers and power grids  ■ US subsidiary leaps forward as top-five global busduct supplier, expects revenue to doubleGaon Cable (CEO Jeong Hyun) achieved its best-ever first-half results in 2026, buoyed by the growing US power infrastructure market and expanding exports.The company announced on the 20th that it recorded provisional consolidated revenue of KRW 1..

2026-07-20

Gaon Cable Supplies Power Distribution Cables to SK hynix's Yongin Semiconductor Cluster

Photograph) Panoramic view of Gaon Cable's Gunpo plant■ Semiconductor power infrastructure business growing following supply to Icheon and Cheongju plants  ■ Aggressively targeting demand for new fabs and capacity expansion  ■ Strengthening foothold in US market based on top position in domestic power distribution sectorGaon Cable (CEO Jeong Hyun) is rapidly expanding into the semiconductor power infrastructure market by supplying cables to more major domestic production facilities. The company announced on the 15th that it recently supplied tens of billions of won w..

2026-07-15

Gaon Cable Expands Extra-High-Voltage Cable Business

Photograph) Panoramic view of Gaon Cable's Gunpo plant■ Investing in development and production facilities for large-cross-section conductor cables  ■ Revamp of KEPCO's ordering system opens up new market ■ Responding to power grid demand from AI data centers, semiconductor manufacturers, and offshore wind powerGaon Cable (CEO Jeong Hyun) announced on the 8th that it is ramping up its expansion into the power transmission market by investing in production facilities and strengthening its product line of extra-high-voltage cables.In addition to 154 kV 1,000 sqmm extra-high-volt..

2026-07-08

Gaon Cable Wins First Project in Global EV Supply Chain

Photograph) Panoramic view of LSCUS, Gaon Cable's US production subsidiary■ To supply approximately USD 40 million worth of busducts for AI data centers■ Expanding customer base beyond global big tech and generative AI companies■ Projecting new performance records due to expanding US exports and AIDC revenueGaon Cable (CEO Jeong Hyun) has entered the global electric vehicle (EV) supply chain by winning its first project. The company announced on the 26th that LSCUS, its US subsidiary, will supply approximately USD 40 million (around KRW 60 billion) worth of busducts for an AI data cente..

2026-06-26

Gaon Cable to Construct Power Grid for Large-Scale Data Center in Gyeonggi-do

Photograph) Panoramic view of Gaon Cable's Gunpo plant■ Expanding data center power infrastructure business  ■ Building dual power supply system to enhance stability  ■ Expanding data center power infrastructure business in US and domestic marketsGaon Cable (CEO Jeong Hyun) is fast-tracking its expansion into the domestic and international data center power infrastructure markets. The company announced on the 23rd that it will supply tens of billions of won worth of underground power transmission lines for an 80 MW large-scale data center construction project in Gyeo..

2026-06-23

Gaon Cable Supplies Power Transmission Cables to Solar Power Plants in US

Photograph) Panoramic view of Gaon Cable's Gunpo plant■ Benefiting from growth in power grid investments driven by AI data centers  ■ Accelerating expansion into US market with exports doubling  ■ Upgrading business portfolio by expanding proportion of high-value-added productsGaon Cable (CEO Jeong Hyun) is expanding further into the US power infrastructure market. The company announced on the 18th that it recently supplied tens of billions of won worth of power transmission cables to a US solar power plant grid construction project. With the construction of AI ..

2026-06-18

Gaon Cable Announces Bonus Issue to Share Earnings Growth and Enhance Shareholder Value

Photograph) Panoramic view of Gaon Cable's Gunpo plant■ 0.8 bonus shares to be allotted per common share  ■ Expected to expand investor base and improve liquidity  ■ Expanding AI data center power infrastructure businessGaon Cable (CEO Jeong Hyun) announced on the 17th that its board of directors had resolved on the afternoon of the 16th to conduct a bonus issue to enhance shareholder value and expand its investor base. The record date for the new shares will be July 1, and 0.8 will be allotted per common share. With this, the total number of issued shares will incre..

2026-06-17

Gaon Cable Expands Investment in US AI Data Center Power Infrastructure Market

Photograph) Panoramic view of LSCUS, Gaon Cable's US production subsidiary■ Doubling production capacity at LSCUS plant in US■ Strengthening local supply competitiveness  ■ 60% revenue growth projected for LSCUSGaon Cable (CEO Jeong Hyun) is expanding its local production capacity to respond to the growing US AI data center market. The company announced on the 16th that LSCUS, its US subsidiary, will invest USD 50 million (approximately KRW 76 billion) to double its production capacity of power transmission cables for AI data centers. This investment will be used to add t..

2026-06-16

Gaon Cable Obtains North American Certification for Cable Bus, a New Product for AI Data Centers

Photograph) Panoramic view of Gaon Cable's Gunpo plant■ Asia's first safe and efficient high-capacity power transmission solution■ Accelerating penetration into North American market amid expanding investments in AI data centers and power grids  ■ Establishing power solution portfolio encompassing cables, cable buses, and busductsGaon Cable has developed a new power solution for AI data centers in the US and is now gearing up to target the North American market. Gaon Cable (CEO Jeong Hyun) announced on the 12th that it has obtained CSA safety certification in North America for..

2026-06-12

Gaon Cable Supplies Busducts to US Generative AI Data Centers for First Time

Photograph) Panoramic view of LSCUS, Gaon Cable's US production subsidiary■ Expanding customer base from big tech to generative AI companies■ US subsidiary LSCUS projecting over 300% revenue growth from AI data centers  ■ Strengthening AI power infrastructure business based on cables and busductsGaon Cable will expand its reach beyond US big tech by supplying busducts to data centers of generative AI companies.Gaon Cable (CEO Jeong Hyun) announced on the 9th that LSCUS, its US subsidiary, recently signed a contract to supply busducts to a data center of Company O, a generative AI f..

2026-06-09

Gaon Cable Supplies Power Transmission Cables to US AI Data Center Grids for First Time

Photograph) Panoramic view of Gaon Cable's Gunpo plant■ Entering AI data center power infrastructure market to secure new growth engine  ■ Expanding from solar power to AI data centers, with exports to US projected to reach KRW 200 billion■ Expanding AI power infrastructure business with LSCUS securing KRW 5 trillion in busduct ordersGaon Cable (CEO Jeong Hyun) announced on the 4th that it will supply approximately KRW 35 billion worth of power transmission cables to AI data center power grids in the US through a local power infrastructure supplier. This represents the company..

2026-06-04