Gaon Cable wins $90 mil. cable order in US

Gaon Cable, a Korean power cable manufacturer, has secured a $90 million cable supply deal with a U.S. cloud company, according to a press release. The 120 billion-won ($90 million) contract will see Gaon Cable, through its U.S. manufacturing subsidiary LS Cable USA (LSCUS), supply a medium-voltage power distribution cable system to the customer by the first half of next year.

The company has not disclosed the customer's identity. This significant order is expected to bolster Gaon Cable's expansion efforts in the North American artificial intelligence data center (AIDC) power infrastructure market. The company plans to increase its production capacity and broaden its customer base as part of its strategic growth.

Gaon Cable, which is 81.62 percent owned by Korea's leading wire and cable manufacturer LS Cable & System, is well-positioned to capitalize on this lucrative opportunity.

Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.