00:02LG Electronics just broke ground on its first overseas cooling equipment plant in 15 years,
00:10and it's built for one customer type – AI data centers.
00:16It's Friday, October 2nd. Let's take a look at a key development in Korea's industry sector.
00:22The plant sits in Windsor, Virginia, right inside America's biggest data center cluster, near AWS, Microsoft, Meta, and Oracle.
00:33LG is investing about 150 billion won, roughly $110 million, to build air-cooled chillers there.
00:42The global AI data center cooling market is projected to grow from $20.8 billion in 2025 to $49.9
00:52billion by 2034.
00:55So what does this mean for industry watchers tracking Korea's supply chains?
01:00Korean equipment makers are no longer content shipping cooling gear from home.
01:05They're localizing production right inside the world's biggest AI data center corridor.
01:11Watch whether competing Korean suppliers announce their own U.S. cooling plants in response.
01:19That's today's AI Prism, Industry Daily.
01:22This episode was produced with AI assistance based on Seoul Economic Daily reporting and reviewed by a human editor.
01:31AI Prism is a WAN IFRA award-winning series.
01:36We'll be back tomorrow.
