wiredInUSA June 2019

Ribbon-cutting ceremony

New cable plant in Poland

LS Cable and System Ltd has held a completion ceremony for its new cable production plant in Dzierzoniow in the southwestern region of Poland. The new factory will produce optical communications cables and parts for electric vehicle batteries. The completion ceremony, held on 14 th May, was attended by nearly 100 LS Cable and System executives and by government officials, including Dariusz Kucharski, mayor of Dzierzoniow. “LS Cable is pursuing a localization strategy. The Polish plant will serve as the key base for advancing into Europe. We will grow it into a total cable company by adding the power cable business in the future,” said the company’s CEO Myung Roe-hyun.

LS Cable established a subsidiary for EV battery parts production in Poland, LS EV Poland (LSEVP), in November 2017, and in February 2018 set up its optical cable production subsidiary, LS Cable and System Poland (LSCP). LSCP has an annual production capacity of 3 million fiber kilometers, which accounts for approximately 7 percent of the European market. It started mass production in April and has been supplying its products to major network carriers in Europe. With the completion of the Polish plant, LS Cable has a total of 19 business operations at home and abroad, with nine of them based overseas, including Vietnam, China and the United States.

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wiredInUSA - June 2019