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South Korea's LS, Taihan enjoy soaring global cable demand amid boom in artificial intelligence industry

Korean cable makers are increasing their output rapidly to meet the soaring global demand amid the need to replace worn-out equipment and construct more data centers worldwide due to the popularity of generative artificial intelligence, according to industry officials, Monday. ....

Republic Of , Taihan Dangjin , Ls Eco Energy , North Gyeongsang Province , Taihan Cable , South Chungcheong Province , Son Hyun Jeong ,

Shares of wire, cable manufacturers rally on AI infrastructure demand

Shares of wire and cable manufacturers are on the rise, driven by the accelerated growth of artificial intelligence (AI), which requires more electricity to carry out data processing, and the price hike of copper, which accounts for 90 percent of wire and cable production. ....

United States , City Of , United Kingdom , Kangwon Do , South Korea , Hwang Soo Wook , London Metal Exchange , Gangwon Province , Taihan Cable , Gaon Cable , Daewon Cable , Kima Ram , Meritz Securities , South Korea , He Korea Times , Orea Times , Orean News In English ,