LS Cable to build first European busduct plant for AI data centers

LS Cable & System (006260.KS) plans to establish its first European busduct production base, with Poland and Northern Europe under consideration, to serve rising demand from big tech companies building artificial intelligence data centers. The company is also reorganizing its North American control tower around LSCUS, which has secured long-term busduct supply contracts worth about 5 trillion won ($3.6 billion). The expansion follows a projected increase in major U.S. technology companies' capital expenditure from $394.5 billion last year to $781.9 billion this year and $975.4 billion next year.

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