This marks Iljin Electric's fifth contract to supply high-voltage cables to data centers in Malaysia and is the largest order since the company entered the Malaysian cable market.
An official from Iljin Electric stated, "We are continuously increasing our overseas orders for high-voltage cables and are working hard to secure more international contracts based on projects in the Southeast Asian market. We can supply both high-voltage transformers and circuit breakers, as well as high-voltage cables, which will contribute to our growth."
As Malaysia is actively promoting the attraction of data centers as a national policy, significant long-term demand is expected. The Iljin Electric official added, "We plan to use this large order as a stepping stone to pursue ongoing high-voltage cable contracts for data centers."
Additionally, Iljin Electric recently signed a contract worth approximately $1.086 billion with the Singapore Power Authority for high-voltage cable supply in May. The company recorded its highest-ever performance last year, and it is anticipated that the momentum will continue this year due to orders for data center-related products.
* This article has been translated by AI.
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