Soruce Signs MOU for Honam AI Data Center Construction... Accelerates Expansion into Electric Infrastructure Business

Soruce is accelerating its expansion into new businesses focused on electric infrastructure by participating in the construction of an AI data center in the Honam region. The company’s strategy is to broaden its business portfolio from its existing lighting business to include electrical construction and AI infrastructure sectors.

On May 8, Soruce announced that it had signed a memorandum of understanding (MOU) for the “Honam Region AI Data Center Construction” project, in partnership with KONSTTECH LTD, KT, Geumdo Construction, CELAB, Korea Data Communication, and Soteria.

This agreement was established to jointly pursue the construction and operation of an AI data center in the Honam region. The participating companies plan to cooperate in a variety of areas, including data center construction and operation technology, attracting investment, business expansion, customer acquisition and marketing, and providing infrastructure and workforce support for stable operations.

In this project, Soruce will be responsible for building the electric infrastructure of the AI data center. AI data centers are facilities that require high-performance GPUs and large-scale server equipment to run stably 24 hours a day, making reliable power supply and distribution, operation of electrical facilities, and energy efficiency key competitive factors.

The company plans to make a full-scale entry into the data center market by leveraging its technology and know-how in electrical and power facilities accumulated through its lighting business, as well as its capabilities in electrical construction developed since last year.

The company explained that this agreement concretely demonstrates the potential for expanding its data center business. Following its previous project in the Incheon area—which laid the groundwork for entry into the data center electrical equipment and construction sector—the company has now confirmed the potential for nationwide expansion through this new Honam region business.

With rapid increases in demand for AI, cloud services, public data, and GPU-based computing, investment in domestic data center infrastructure is expected to continue growing. Soruce anticipates that by expanding its role in electric infrastructure construction during this process, it will be able to transform beyond a lighting-centric business structure into a high value-added business, thereby diversifying its revenue streams.

A company representative stated, “Based on this collaboration, we plan to actively foster the data center electric infrastructure business as a core new growth engine,” adding, “Building on the stability of our lighting business, we will expand into advanced industrial infrastructure fields such as electrical construction, data centers, AI server infrastructure, and energy efficiency equipment.”

With its participation in the AI data center electric infrastructure construction project, Soruce is accelerating its transformation from a lighting-focused business structure to an advanced industrial infrastructure company.

This content was produced with the assistance of AI translation services.