LG Electronics, KEPCO, Hanwha Sign Deal to Build DC-Based Data Center

MT Newswires Live

04/28

LG Electronics (KRX:066570) signed a memorandum of understanding with Korea Electric Power (KRX:015760) and Hanwha Corporation's (KRX:000880) Hanwha Construction to establish a DC-based, power-saving data center.

The project aims to supply 1 megawatt of the 10 megawatts needed for servers and cooling with direct current, improving energy efficiency amid the increasing demand for AI data centers. LG will develop the DC-type super-large chiller to cut 10% energy loss during power conversion, LG Electronics said Friday.

KEPCO will oversee a stable DC power supply and verification, while Hanwha will design and construct the center.

Shares of Korea Electric Power rose nearly 1% in morning trade Monday.

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LG will develop the DC-type super-large chiller to cut 10% energy loss during power conversion, LG Electronics said Friday.KEPCO will oversee a stable DC power supply and verification, while Hanwha will design and construct the center.Shares of Korea Electric Power rose nearly 1% in morning trade Monday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}