LS Cable to Invest 230 Billion KRW in Mexico to Establish North American AI and Mobility Production Base

Targeting the North American Market with an Integrated Forward Base in the Americas
Expanding Facilities to Meet AI Data Center Demand
Establishing New Production Lines for Automotive Wires

LS Cable is investing approximately 230 billion KRW in its Mexican manufacturing subsidiary to establish an integrated production base for power infrastructure and mobility components.

On January 15, LS Cable announced that it will invest around 230 billion KRW in its manufacturing corporation LSCMX, located in Quer?taro, central Mexico, to build an integrated production hub for power infrastructure and mobility components targeting the North American market.

The core of this investment is to elevate LSCMX from a simple production base to an “Integrated Forward Base for the Americas” that combines energy and mobility businesses. To achieve this, LS Cable plans to significantly expand its existing busduct facilities and newly construct a plant for automotive wires, thereby broadening its dominance in the North American market across multiple fronts.

A bird's-eye view of the manufacturing corporation LSCMX located in Quer?taro, central Mexico. LS Cable.

First, the company will make a large-scale investment to expand busduct production facilities in response to the explosive growth of the North American artificial intelligence (AI) data center market. By maximizing production capacity, LS Cable aims to establish an optimized supply system tailored to the infrastructure expansion needs of global big tech companies.

Additionally, LS Cable will newly establish a large-scale production line for automotive wires, expanding its business into the mobility sector. By building a full lineup ranging from internal combustion engine wires to high-voltage wires for electric vehicles (EVs), the company plans to actively respond to the localization demands of North American automakers.

Notably, Quer?taro boasts excellent logistics infrastructure and is home to a concentration of global automakers, so this investment is expected to dramatically improve accessibility to the North American market.

Furthermore, by localizing key production processes, LS Cable will be able to meet the tariff-free requirements of the United States-Mexico-Canada Agreement (USMCA), enabling flexible and proactive responses to rapidly changing trade environments, including the rise of protectionism.

With this investment, LS Cable will complete an optimized North American production system connecting its LS Green Link submarine cable plant in Virginia, USA, with its Mexican subsidiary. Through a strategic division of labor-offering high value-added products from the U.S. mainland and cost-competitive products from Mexico-the company aims to solidify its unrivaled position in the North American market.

An LS Cable representative stated, “LSCMX will serve as a strategic hub that maximizes synergy between the energy and mobility businesses,” adding, “By optimizing our North American production bases, we will become a key partner for global big tech and automotive industries.”