LS Cable rides AI power boom to record profit

LS Cable & System reported its highest-ever profits in 2025, fueled by growing investment in power grid development and surging demand tied to artificial intelligence infrastructure. Last year, South Korea's biggest cable company posted sales of 7.59 trillion won ($5.01 billion) and operating profit of 279.8 billion won, up 12.2 percent and 1.9 percent, respectively, from a year earlier. Both figures marked all-time highs. The company attributed the growth mainly to expanding demand for high-vol

By The Korea Herald