# Gaon Cable Secures US AI Data Center Power Contracts > Source: > Published: 2026-06-14 23:12:18.196717+00:00 # Gaon Cable Secures US AI Data Center Power Contracts Gaon Cable's U.S. unit LSCUS has secured a series of AI data center power contracts in 2026. UPI reports a five-year busduct supply agreement potentially worth up to **4 trillion won (about $2.7 billion)** with an unnamed U.S. technology company, with initial deliveries this year worth about **50 billion won ($34 million)**. KEDglobal links one busduct award to Meta's AI data centers; UPI identifies the buyer only as an unnamed U.S. technology company. The Elec reports Gaon also signed a **35 billion won** contract in early June to supply medium-voltage grid cables to U.S. AI data centers via a U.S. infrastructure partner, and on June 9 LSCUS secured its first busduct deal for a **generative AI company's** data center, worth about **60 billion won**. Combined busduct contracts with major U.S. tech customers now total about **5 trillion won (roughly $3.3 billion)**. CEO Jung Hyun expects record-high 2026 results as both the AI data center and renewable power grid businesses expand. ### What happened Gaon Cable's U.S. subsidiary **LSCUS** has accumulated a series of AI data center power contracts in 2026. UPI and KEDglobal reported on May 18 that Gaon signed a five-year busduct supply agreement potentially worth up to **4 trillion won (about $2.7 billion)** with a large U.S. technology company, with initial deliveries this year valued at about **50 billion won (about $34 million)**. KEDglobal named the customer as **Meta**; UPI identified only "an unnamed U.S. technology company." On June 5, The Elec reported that LSCUS signed its first contract to supply about **35 billion won** in medium-voltage (MV) grid cables to U.S. AI data centers through a U.S. infrastructure partner, and confirmed that LSCUS's combined busduct contracts with major U.S. tech customers total about **5 trillion won (roughly $3.3 billion)**. Then on June 9, The Elec reported that LSCUS secured its first busduct supply deal for a **generative AI company's** data center - a separate customer class from established big tech hyperscalers - with that contract worth about **60 billion won**. ### Technical context A busduct is an enclosed modular power distribution system in which copper or aluminum conductors are wrapped with insulating materials and housed inside metal enclosures, used to distribute high-current electricity inside data center buildings. Medium-voltage grid cables carry power from the utility grid to the campus boundary. Gaon Cable now supplies both product families, covering the full external-to-internal power delivery path for AI data centers. ### Financial scale The Elec reports that Gaon currently supplies about **100 billion won ($66 million)** annually in cables for U.S. solar power grid construction. With the AI data center grid cable business added, the company expects U.S. cable exports to reach about **200 billion won (roughly $132 million)** in 2026. LSCUS posted about **135 billion won** in Q1 2026 sales, up more than 20% year-over-year. CEO Jung Hyun said the company expects record-high results this year as both the AI data center and renewable energy power grid markets expand. ### Industry context Companies supplying both grid-feed cables and internal busduct systems occupy a narrow but critical segment of the AI data center supply chain, because power capacity and distribution are physical constraints for hyperscale GPU deployments. The June 9 deal with a generative AI company - distinct from the earlier big tech contracts - signals that demand for power infrastructure is reaching earlier-stage AI-focused customers, widening the addressable market. ### What to watch The buyer identity for the largest busduct contract remains unresolved: UPI cites an unnamed U.S. technology company while KEDglobal names Meta. Observers should also track manufacturing location; initial supply is expected to come from LS Cable & System's Indong plant in Gumi, South Korea, with a Mexico facility scheduled for completion in 2026, which would reduce lead times for U.S. delivery. ## Scoring Rationale Gaon Cable's multi-billion-dollar AI data center power contracts are relevant to AI infrastructure practitioners as a concrete signal of the physical supply chain scaling up to support GPU buildouts. The story is commercially significant but is primarily a supply-chain and contract announcement rather than a model, research, or regulatory development, placing it in the solid-but-niche range for the LDS audience. Practice interview problems based on real data 1,500+ SQL & Python problems across 15 industry datasets — the exact type of data you work with. [Try 250 free problems](/problems)