LS Cable & System will reportedly supply busducts for dozens of U.S. data centers that Meta plans to build through 2030, according to Korean media reports that peg the five-year deal at about $2.8 billion.
The Seoul Economic Daily said the agreement with Meta is valued at approximately $2.8 billion, which it described as the largest supply contract ever secured by a South Korean cable or power‑equipment company. The contract alone amounts to roughly half of LS Cable & System’s record 2025 annual revenue of about $5.3 billion and nearly half of its order backlog of about $5.4 billion, the report said.
A press release said that products for the Meta projects will be manufactured at LS Cable & System’s Indong plant in Gumi, South Korea. The company also plans to expand busduct production capacity through a $162 million facility under construction at its Mexico subsidiary, scheduled for completion this year, and through an expansion of Gaon Cable’s Jeonju plant.
Busducts, also called busways, are factory‑assembled metal enclosures containing conductive bars that distribute large amounts of electricity within a building. They are used in data centers and other high‑power facilities as an alternative to multiple conventional cable runs. The market is more commonly served by electrical‑equipment suppliers such as Schneider Electric, Eaton, Siemens, ABB and Legrand. LS Cable & System produces busducts at facilities in South Korea, China and Vietnam and is adding its Mexico plant as a fourth production base.
Separately, Gaon Cable, an LS Cable & System subsidiary, reported that it will supply approximately $35 million in power‑distribution cables for an on‑site power plant being developed by an unnamed U.S.‑based global technology company. The plant is intended to provide stable power for the company’s AI data centers. Gaon Cable operates a manufacturing plant in Tarboro, North Carolina, and is investing $50 million to add two production lines there, which it said will double its power‑cable production capacity once both lines are in operation.
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