Gaon Cable wins $90 mil. cable order in US
Gaon Cable, a Korean power cable maker, said Thursday it has secured a 120 billion-won ($90 million) cable supply deal with a U.S. cloud company. LS Cable USA (LSCUS), Gaon Cable's U.S. manufacturing subsidiary, will supply a medium-voltage power distribution cable system to the customer by the first half of next year, the company said in a press release. The company did not disclose the…
Gaon Cable, a Korean power cable manufacturer owned by LS Cable & System, has secured a $90 million cable supply deal with a U.S. cloud company. The medium-voltage power distribution cable system will be provided by Gaon Cable's U.S. subsidiary, LS Cable USA, by the first half of next year. The order is expected to bolster Gaon Cable's expansion in the North American artificial intelligence data center (AIDC) power infrastructure market, with plans to increase production and broaden its customer base.
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Also reported by 2 other outlets
- Gaon Cable wins $90 mil. cable order in US koreatimes.co.kr
- Gaon Cable wins 120 bln-won cable order in U.S. en.yna.co.kr
