LS电缆拟因大科技客户需求在欧洲建设首个母线槽生产基地

LS Cable & System (006260.KS) will build its first production base in Europe in partnership with a big tech firm, aiming to expand supply of busducts, power distribution equipment that has emerged as an essential component for artificial intelligence data centers. Building on its operations in Asia and North America, the company plans to establish local supply in Europe while reorganizing and expanding its North American business — the home turf of big tech clients — to maximize earnings growth from the power super cycle.
According to industry sources on the 23rd, LS Cable executives, including CEO Kim Woo-tae, recently visited the company's production unit in Poland and parts of Northern Europe to discuss plans for a new busduct production line. LS Cable operates a cable plant in Poland but has no production lines for power equipment such as busducts. While cables and transformers are essential equipment for the external power grid of AI data centers, busducts are core equipment that distributes power inside the centers, and demand is surging.
LS Cable plans to complete the new European plant by next year to produce busducts, a project understood to have been prompted by a big tech client that proposed building a local plant as a condition of purchase. Because a stable supply of busducts is important for the rapid construction of AI data centers, big tech firms expanding AI data centers in Europe, following North America, requested that a production base be built.
LS Cable produces busducts in Gumi, while busduct supply to North America will be handled by a Mexican production unit set to begin operations in the fourth quarter. The company plans to establish its European busduct base either in Poland, where it has a cable plant, or in Northern Europe, where big tech data centers are concentrated.
In North America, LS Cable is also pursuing a reorganization to grow its "Americas Regional Headquarters" into a "second headquarters." The company is currently receiving related consulting for the plan. Options under review include expanding the size of the organization, including its workforce, and integrating business systems such as enterprise resource planning (ERP) that are currently scattered across local subsidiaries. A senior company official said, "We intend to grow the North American organization into a second headquarters," adding, "We will launch the new North American organization at the end of this year or early next year."