On the 26th, LG Electronics announced that it signed a memorandum of understanding (MOU) with GS ITM, a data center systems integration (SI) corporation, for the supply of data center cooling solutions and IT infrastructure at the LG Science Park in Magok, Gangseo District, Seoul on the 23rd.
The signing ceremony was attended by Park Wan-kyu, head of the chiller business division at LG Electronics, and Lee Yoon-seok, head of management strategy at GS ITM.
Data centers are mostly managed overall by SI corporations. These corporations provide customized solutions to clients through collaboration with various specialist corporations in construction, power, memory, and air conditioning. LG Electronics has both air cooling and liquid cooling solutions to reduce power consumption and heat generation at data centers, planning to accelerate the expansion of HVAC supply through this MOU with GS ITM.
Recently, domestic demand for data centers has significantly increased. According to the Ministry of Trade, Industry and Energy, the number of data centers in South Korea is expected to quadruple from 147 in 2024 to 637 by 2029.
LG Electronics and GS ITM are currently working to supply HVAC products and operational solutions to data centers planned for construction in the metropolitan area. They also plan to expand their business area by proposing optimization plans using energy diagnostics for existing data centers with high-efficiency HVAC solutions.
LG Electronics is developing various cooling solutions, leveraging high-efficiency HVAC technology and supplying them to domestic and international data centers. In response to the increasing demand for heat management in data centers, they plan to accelerate B2B growth by offering various customized cooling solutions, including liquid cooling solutions that directly cool chips using a cooling distribution unit (CDU) and air cooling solutions that lower the internal temperature of data center rooms using chillers, as well as air conditioning solutions that respond to direct current power.
At the end of last year, LG Electronics established the ES business division to accelerate the growth of its HVAC business. The ES business division is leading the digital transformation of the air conditioning industry using AI technology, actively responding to new growth business opportunities such as AI data center cooling systems, nuclear power, and mega factories.
Park Wan-kyu, head of the chiller business division at LG Electronics, said, "Through collaboration with GS ITM, we are able to provide optimized solutions for various data center environments for our clients," and added, "We will accelerate the growth of our B2B business based on high-efficiency and high-performance HVAC technology."