Gaon Cable lands 1st global EV supply chain deal with AI data center project

Gaon Cable secured its first global EV supply chain project, winning a $38 million order to supply busduct systems for an AI data center operated by a major EV company. The deal, executed through its U.S. subsidiary LSCUS, expands the company's presence in the AI power infrastructure market and diversifies its customer base beyond big tech firms.

Gaon Cable has secured its first project tied to the global electric vehicle EV supply chain, winning an order to supply busduct systems worth about $38 million 60 billion won for an artificial intelligence AI data center operated by a global EV company. The company said Friday that its U.S. subsidiary, LSCUS, will provide the busduct systems for the facility, marking another step in expanding its presence in the fast-growing AI power infrastructure market. The latest order broadens LSCUS' customer base beyond global big tech companies to include a major electric vehicle manufacturer, the company said. Busducts are power distribution systems that deliver electricity from a data center's main power source to servers and racks. Often described as the "arteries" of AI data centers, they have become increasingly important as computing workloads require higher power density and more reliable electrical infrastructure. Gaon Cable said the AI data center power infrastructure market has high barriers to entry because suppliers must pass rigorous quality verification before winning contracts