Taihan Cable secures $89M US power cable deal amid AI data center boom
South Korea's Taihan Cable & Solution announced Thursday it has secured a high-voltage power grid project in the US, signing a 120 billion won ($89 million) cable supply contract. The deal comes as electricity demand surges due to the expansion of artificial intelligence data centers. Under the agreement, Taihan's US subsidiary T.E.USA will handle engineering and construction, while the Korean parent company will manufacture and supply the high-voltage cables and related equipment.
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