LS Electric and KT Cloud announced they will work together on electrical systems for AI data centers. The deal covers power delivery systems and backup power supplies for data center facilities, reported Yonhap.
LS Electric makes electrical machinery, transformers, and power systems for factories and buildings. KT Cloud operates computer servers and cloud infrastructure for Korean companies. Working together helps both companies serve Korea's growing market for AI data centers.
Data centers need reliable power systems and backup electricity. LS Electric brings electrical equipment expertise while KT Cloud brings experience operating large computer server farms. The partnership targets Korea's expanding AI market as companies build new chip factories and data centers.
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| Symbol | Last Price |
|---|---|
| 010120LS ELECTRIC CO., LTD | ₩195,300 +1.7% |