Pocheon City Signs MOU with Traon Co., Ltd. to Establish AI Data Center
Pocheon City in Gyeonggi Province announced on December 9 that it had signed a memorandum of understanding (MOU) with Traon Co., Ltd. on December 8 to strengthen the competitiveness of the artificial intelligence (AI) data center industry.
Pocheon Mayor Baek Younghyun signed a memorandum of understanding (MOU) with Traon Co., Ltd. on the 8th to strengthen the competitiveness of the artificial intelligence (AI) data center industry. Photo provided by Pocheon City
View original imageThrough this agreement, the city plans to proactively respond to the rapidly increasing demand for artificial intelligence (AI) data in northern Gyeonggi and to establish a foundation for advancing the region's digital infrastructure.
The signing ceremony was held in the mayor's office at Pocheon City Hall and was attended by the Mayor of Pocheon, Cho Jinwon, CEO of Traon Co., Ltd., and Jang Seungsik, Head of Headquarters at Kiwoom Securities, among others.
Recently, data centers have become core infrastructure for building the artificial intelligence (AI) ecosystem. However, due to stricter standards such as the 'Power System Impact Assessment' system, it has become difficult to construct new facilities in the Seoul metropolitan area. Despite these circumstances, Traon Co., Ltd. has completed all necessary procedures and secured approval from Korea Electric Power Corporation to use 100 MW of electricity.
Pocheon City stated that the establishment of the data center is expected to have various economic and industrial ripple effects, including revitalizing the local economy and attracting artificial intelligence (AI) companies. In particular, the city aims to lay the groundwork for Pocheon to grow into a key hub for the digital industry in northern Gyeonggi, based on the concentration of data centers.
Hot Picks Today
"Thought It Was Just Milk?"... The 'Fake Milk L...
- Samsung and SK hynix Unlikely to Face Another 'Plunge'... Google TurboQuant Unde...
- "Over 1 Million Won"... Japanese Lawmakers to Change Badge Material Due to Risin...
- You Could Be in Big Trouble If You Don't Stop: Crackdown on Mandatory Right-Turn...
- Sold for Twice the Estimated Price at 1.3 Billion Won: "A Once-in-a-Generation O...
A Pocheon City official said, "This agreement marks an important starting point for Pocheon to become a future-oriented, advanced city," adding, "By expanding AI infrastructure, we will foster a city that attracts businesses and retains young people."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.