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Panoramic view of LSCUS, Gaon Cable’s manufacturing subsidiary in the United States. / Courtesy of Gaon Cable

Gaon Cable has successfully entered the global electric vehicle supply chain, securing its maiden project.

On the 26th, Gaon Cable announced that its U.S. subsidiary, LSCUS, will supply busducts valued at approximately $40 million (about 60 billion won) to the AI data center of a global EV manufacturer. Following its prior achievement of securing long-term supply contracts worth over 5 trillion won with global big tech firms, LSCUS has further expanded its customer base with this latest agreement.

A busduct is a power distribution system that supplies electrical power to individual servers and racks inside a data center. Alongside semiconductors and cooling equipment, it is considered a core infrastructure component driven by the rise of AI data centers, and its importance intensifies as power density increases. Notably, the AI data center power infrastructure market is known for high entry barriers, as it requires rigorous quality validation.

Gaon Cable explained that LSCUS is emerging as a top-five supplier in the global busduct market, which has historically been dominated by European power equipment manufacturers.

"We are currently discussing additional supplies with this customer, and we expect our supply volume to exceed $100 million this year," said Jung Hyun, CEO of Gaon Cable. He added, "Backed by expanding U.S. exports and rising revenues related to AI data centers, we anticipate recording our highest-ever financial performance this year."

                                                                                                           Kim Young-jin