U.S. LSCUS Secures $40 Million Busway Order from Global EV Manufacturer

en.Wedoany.com Reported - LSCUS, the U.S. manufacturing subsidiary of Gaon Cable, has entered the AI data center supply chain of a global electric vehicle manufacturer, supplying approximately $40 million (about 60 billion KRW) worth of busway products to the data center.

A busway is a power distribution system used to provide stable power supply to servers and racks within data centers. As AI data centers continue to demand higher power density, the role of busways as the "power highway" within data centers is becoming increasingly critical. Previously, LSCUS had signed long-term busway supply contracts totaling over 5 trillion KRW with global tech giants such as Google, Meta, and Amazon. Expanding its customer base to the electric vehicle manufacturing sector marks a further broadening of its market footprint.

Gaon Cable CEO Jeong Hyun stated that the company expects busway supply revenue to exceed $100 million this year. The company is transitioning from a traditional wire manufacturer to an AI data center power infrastructure enterprise, having established a complete business structure capable of supplying both cables for external power grids and busways for internal power distribution within data centers. Industry insiders believe that the busway business offers higher profit margins compared to traditional wire operations, which is expected to further drive the company's performance growth.

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