Taihan Cable & Solution

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Taihan Cable & Solution

Taihan Cable & Solution, which was established as the first cable company in Korea.

22/01/2024

[ Taihan’s Product ]

Bus ducts are used in factories, research centers, hotels, and other places where large equipment needs to be maintained. They are made of metal, which makes them fire-resistant and stable. They also require less installation space.

TF-Busway is a type of bus duct that is used for low voltage applications. It is a product that uses steel enclosure and is directly connected without a joint kit.

🔎 Please check the link for more detailed information on the product.

https://www.taihan.com/en/customer/catalogue

12/01/2024

[ Taihan’s news ]
Taihan conducted a "Campaign to recycle used batteries" to practice carbon neutrality. The campaign, which exchanged new batteries for dead batteries, was held for all employees of Taihan, including the headquarters, Dangjin plant, and Dangjin cable accessory plant.

Employees collected batteries from discarded household appliances or submitted used batteries that they had been collecting for a year. During the campaign period, a total of 163 employees participated and collected 5,351 dead batteries. These dead batteries will be recycled into useful resources such as zinc, iron, and nickel through Resource Recycling Center.

12/01/2024

< Taihan's news >
Taihan Cable & Solution met with Saudi Arabia's Minister of Industry and Mineral Resources at a hotel in Seoul on December 15th to discuss cooperation plans, including investment in a cable factory.

The meeting was organized to discuss investment and business cooperation in Saudi Arabia during the Saudi minister’s visit to Korea. The attendees shared the current status of an extra-high-voltage cable factory in Saudi Arabia that Taihan is promoting and discussed future plans in detail.

09/01/2024

[ Taihan's news ]

Taihan Cable & Solution has secured a contract for a 400kV Extra High Voltage (EHV) power network project, as commissioned by Kuwait's Ministry of Electricity and Water (MEW), the company revealed on the 5th. This substantial project is valued at approximately 42 million dollars.

Kuwait is known for its rigorous standards in bidding processes. For high voltage power network projects, particularly in the 300~400kV range, only a select few global companies, primarily from Europe and Japan, are eligible to bid.

This is especially true for the 400kV category, the highest voltage level used in Kuwait, where a company's technical expertise and project ex*****on capacity are key factors in the selection process.

🔎 For more information : https://lnkd.in/gbN7BQiB

04/01/2024

< Success story in Australia >
Taihan has won a project to build an electric power grid in Sydney’s CBD and has successfully carried it out.

This Powering Sydney's Future (PSF) project necessitated the construction of a new power system in order to prepare for a surge in power consumption in and around the inner Sydney. Taihan offered 330kV EHV cables, cable accessories, and equipment and materials (the maximum voltage utilized for underground power cables in Australia), etc. The company was also tasked with designing, pulling, connecting, and testing the electric power grid in a two-year turn-key project.

🔎 For more information : https://www.taihan.com/en/business/successStoryDetail?idx=36

28/12/2023

[ Taihan's news ]

Winning the bid for a submarine cable project, Taihan is set to sharpen its competitive edge.

Taihan Cable & Solution won the contract for the supply of submarine cables for the Yeonggwang Nakwol Offshore Wind Power Project worth 100.3 billion won. Under this contract, Taihan is responsible for supplying inter-array submarine cables that connect wind power generators, and submarine cables connecting the wind farm with a new substation on Songi Island. The cables will be produced in the 1st stage facility of Submarine Cable Plant 1 in Dangjin, which will begin operations early next year.

The completion of the 2nd stage facility of Submarine Cable Plant 1 as well as Submarine Cable Plant 2 is expected to make the company more competitive in future bids.

27/12/2023

[ Taihan's news ]

Taihan Cable & Solution is gearing up to leap forward as a total solution provider capable of laying submarine cables.

On December 20th, , led by CEO Song Jong-min, announced the acquisition of a 6,200-ton cable laying vessel, or CLV.

Korea’s only CLV designed for offshore wind power, is equipped with advanced features such as self-propulsion and a dynamic positioning system (DP2). The vessel can load up to 4,400 tons of underwater cables at once.

18/12/2023

[ Taihan’s news ]

Taihan Cable & Solution plans to build an additional plant for submarine cables to target the offshore wind power market, where demand is growing due to the expansion of renewable energy and enhance global competitiveness by establishing production bases in regions such as the United States and Europe.

So Taihan has decided to undertake a rights issue by approximately KRW 520 billion to to implement the strategy.

🔎 Please check the link below for more detailed information on the news.
https://lnkd.in/gMPCq5NW

06/12/2023

[ Taihan's news ]

M-TEC is a South African production corporation of Taihan. M-TEC recently attended the annual AMEU (Association of Municipal Electricity Utilities) exhibition. The focus of AMEU this year was to engage stakeholders in South Africa’s electricity crisis and to understand future developments in the municipal space. M-TEC introduced its products and technologies to visitors at the exhibition and explained its differentiated competitiveness.

🔎 For more information about M-TEC : https://www.taihan.com/en/business/globalNetwork/mtec

04/12/2023

[ Taihan corporate video ]

Taihan Cable & Solution, which was established as the first electric wire company in Korea, paved the way for development of the fields of power and communication cables and base metal, and has been leading the development of the global cable market as well as Korea market.

📢 Please check out the detailed information in the Taihan corporate video

01/12/2023

[ Taihan's news ]
Taihan Cable & Solution announced on November 24 that it has signed a memorandum of understanding(MOU) with Balfour Beatty, a global infrastructure group based in the United Kingdom, to establish a partnership in the underground power transmission and distribution business.

The two companies will jointly participate in various power transmission and distribution projects in the UK totaling more than £220 million until 2030. They also plan to collaborate further in technology sharing and business support.

24/11/2023

[ Taihan’s Product ]
Would you like to know about Taihan’s RF Light line?

RF Light line is developed and released by Taihan Cable & Solution for the first time ever in Korea The product allows undisturbed and stable wireless communication even in areas where telecommunication network is unavailable.

It is effective in leading people to an escape route at fire scenes or enclosed spaces and Provides stable RF (Radio Frequency) for wireless communication.

Please download the catalog for more detailed information on the product.
https://www.taihan.com/en/customer/catalogue

22/11/2023

< Success story in United Kingdom >
I will introduce success story in UK.

In 2021, Taihan won a turn-key contract to conduct the LPT2 (London Power Tunnels Phase 2) projectas one of the Enterprise Partners. We are collectively handling everything from the design to the production, and jointing & termination of the 400kV EHV cable system.

LPT2 is a large project that will establish a new transmission cable line within a 32.5km underground tunnel network deep beneath the ground from Wimbledon in south west London to Crayford in south east London.

This project has a significant meaning in that it is the largest electric power grid contract a Korean cable firm has ever won in the United Kingdom, as well as the largest among the projects won by Taihan since entering the European market.

🔎 For more information : https://www.taihan.com/en/business/successStoryDetail?idx=38

17/11/2023

[ Taihan's news ]

On November 14th, Taihan Cable & Solution shared its third-quarter financials, reporting a revenue of 630 billion won and an operating profit of 17.4 billion won. This is an increase of 11% and 531%, respectively, compared to Q3 of 2022.

The cumulative third-quarter revenue reached 2.0883 trillion won, with an operating profit of 59.1 billion won. With a positive trend from the first half of the year, Taihan's cumulative operating profit for the third quarter is more than 22% higher than last year's annual operating profit of 48.2 billion won. Considering the nature of the wire industry, which tends to improve performance towards the second half of the year, it's expected Taihan will continue its good financial performance until the end of the year.

15/11/2023

[ Taihan's news ]

To boost capabilities and work better with headquarters, Taihan Cable & Solution moved its technology research institute to Gangnam District in Seoul.

The move from the Dangjin factory in South Chungcheong to Hoban Park in Gangnam was completed, marked by a ceremony on November 13th.

This shift aims to get more skilled researchers, expand the institute's functions, and create teams to help new business areas and support tech needs for departments, improving cooperation with other teams.

🔎 For more information about Taihan's R&D : https://www.taihan.com/en/company/rd

13/11/2023

[ Taihan's History ]
What happened at Taihan Cable & Solution 43 years ago?

In November 1980, Taihan opened its Anyang SCR Plant, specializing in the production of essential products.

The SCR(Southwire Continuous Rod System) is a facility responsible for melting copper, a key raw material for making cables, and shaping it into the desired wire sizes and shapes for clients.

This plant was celebrated for its top-tier technical expertise, leading in both productivity and quality.

🔎 For more information about Taihan's history : https://www.taihan.com/en/company/history

10/11/2023

[ Taihan's news ]
Hoban Group's volunteer team, 'Hoban Sarangnanumi,' conducted its 14th annual kimchi-making service at the Heymyung Childcare Center on November 4th.

The event brought together around 60 participants, including employees from Taihan. Despite the chilly weather, they prepared delicious kimchi with the children in mind.

🔎 For more details about our social activities : https://www.taihan.com/en/esg/socialContribution

08/11/2023

[ Taihan's news ]
Taihan Cable & Solution has released a new document introducing the company.

It is structured with content that effectively showcases an overview of Taihan's major business locations, products, performance, ESG, and more. Additionally, it has been designed for easy comprehension.

🔎 You can download it through the link below.
https://www.taihan.com/en/customer/corPromotion

06/11/2023

[ Taihan’s Product ]
Would you like to know about Taihan’s ACCC?

Overhead lines improved so that they can be approximately twice the transmission capacity without exceeding the outer diameter and weight of commonly used ACSR cables. They have a smaller wire sag than that of conventional wires which occurs during high-temperature operation as the capacity increases.

Taihan provides ACCC/TW with carbon fiber composite material as a support wire and HSTACIR/AW with INVAR alloy as main solutions for increasing capacity.

🔎 Please download the catalog below for more detailed information on the product.
https://www.taihan.com/en/customer/catalogue

02/11/2023

< Success story in Kuwait >
I will introduce success story that was carried out in Kuwait.

As a part of the construction project of South Al Mutlaa City, Kuwait's largest new city with 30,000 households, Taihan connected the new substation section in the area with an extra-high voltage underground electric power grid.

This turn-key construction, which included the supply of 400kV extra-high voltage cables, electrical work, civil engineering works, and testing, started in 2019 and took three years to complete

🔎 For more information : https://www.taihan.com/en/business/successStoryDetail?idx=37

30/10/2023

[ Taihan’s news ]

Taihan announced on the 27th October that it has won an "Integrated A grade" in the "2023 ESG Evaluation" conducted by the Korea Corporate Governance Service (KCGS).

It is the third consecutive year that it has earned an A rating since it was the only one in Korean cable industry to receive an integrated A rating in 2021.

In this year's evaluation, Taihan received a grade of Environmental(E) A, Social(S) A+, and Governance(G) B+. In particular, the environmental sector has earned an A grade, a step up from last year's B+ rating. This is the result of reducing waste generation compared to the previous year, increasing the rate of eco-friendly purchases, and transparently disclosing key information.

25/10/2023

[ Taihan’s Business ]

Taihan has been conducting expert training on cables and cable accessories for our customers and business partners in Technology Training Center (TTC).

The TTC has hosted over 100 training sessions since its founding in 2009; over 800 personnel from 19 countries including Singapore, Australia, etc. have completed training courses and now work as professionals in their fields.

The training has not only raised customer satisfaction, but also earned Taihan recognition for its competitive edge in EHV products and work capabilities.

23/10/2023

[ Taihan's news ]
Taihan Cable & Solution participated in SIEF & PGK 2023 : Seoul International Electric Fair & Power Generation Korea 2023) to be held from October 18 to 20 in COEX, Seoul.

Signifying “the present and future of cables & solutions”, Taihan's exhibition booths set up under four major themes: electricity cables, submarine cables, communications cables, and cable accessories.

Taihan drew a lot of attention from organizers with its array of next-generation, strategic products, such as 525kV VSC HVDC cables and submarine cables.

20/10/2023

[ Taihan's news ]

On October 18th, Taihan Cable & Solutions held an event to celebrate its certification as a major power grid supplier by Public Service Electric & Gas Company (PSEG), one of the largest electricity companies in the US. As the largest energy company in the state of New Jersey, PSEG has supplied electricity and gas to the state for 120 years.

Taihan signed a long-term deal with PSEG in June this year to supply power cables for up to seven years and is shipping new products to New Jersey. The certification ceremony not only recognized Taihan as a major supplier to the state’s power grid under the long-term contract, but also authorized the company to continuously take part in various projects there going forward.

The event was attended by New Jersey Governor Phil Murphy, who was leading an East Asia economic mission from Choose NJ, the New Jersey government’s official investment promotion agency. The delegation toured South Korea and Japan.

16/10/2023

[ Taihan's News ]
Taihan Cable & Solution won the bid for large-scale supply of submarine cables.

Taihan was selected as a preferred supplier of submarine cables for “Anma Offshore Wind”, Korea’s largest offshore wind farm project that is currently underway. On October 4th, Taihan signed a preferred supplier agreement with Anma Offshore Wind.

Under the agreement, Taihan is responsible for supplying and constructing all inter-array submarine cables used in offshore wind farms. The inter-array cables to be used for the project are expected to be worth hundreds of billions of won.

13/10/2023

[ Taihan's News ]

Taihan Cable & Solution solidified its position as a major supplier in the Middle East by winning a deal in Bahrain.

Taihan has won an order from Bahrain’s Electricity and Water Authority to build EHV power grids in Bahrain. For the turn-key project to build 400kV underground power grids in the country, Taihan not only supplies all necessary materials, including EHV cables and accessories, but also designs, constructs, connects and tests power grids.

12/10/2023

[ Taihan's Product ]
Would you like to know about Taihan’s Busduct?

Bus duct is a wiring system that stably supplies large-capacity power to buildings and factories, etc., and widely used as a cable substitute due to its excellent workability and energy efficiency. Recently, as buildings become taller and larger in scale, the use of bus ducts, which have less risk of disconnection and are easy to maintain and repair, is increasing significantly.

🔎 Please download the catalog below for more detailed information on the product.
https://www.taihan.com/en/customer/catalogue

05/10/2023

< Success story in France >
I will introduce success story that was carried out in France.

This project was about the improvement of the specifications of the radio signal cables for the railway tunnels ordered by the Paris Transport Authority.

At that time, Paris was thoroughly managing the amount, density, toxic components, etc. of smoke generated when cables used in railways were burned and it became necessary to develop a new cable as a regulation to control the degree of sparks falling from cables was put in place to prevent the fire from spreading.

So we developed a cable with enhanced flame retardancy to the existing leaky coaxial cable.

🔎 For more information : https://www.taihan.com/en/business/successStoryDetail?idx=32

22/09/2023

[ Taihan's news ]

At Taihan Cable & Solution, we believe in giving back to society.

On September 21st, our employees collaborated with the Bisan Social Welfare Center to help those in need before the traditional Korean holiday, Chuseok. We invited low-income households and senior citizens to join us in making traditional pancakes and enjoying recreational activities. We are dedicated to supporting various communities and spreading warmth through our social contributions.

🔎 For more details about our social activities : https://www.taihan.com/en/esg/socialContribution

18/09/2023

[ Taihan's ESG ]
We are working to preserve the environment for a healthy Earth.

As part of this, Taihan is developing eco-friendly materials with its partner companies. We also practice environmental protection at the same time as increasing cost competitive edge by performing activities to reduce the consumption of raw and subsidiary materials.

📢 If you want to know more about what we've done for the environment.
https://www.taihan.com/en/esg/ecoFriendly

Address

Yangjae-daero 2-gil, Seocho-gu, Seoul
Korea

Telephone

+8223169114

Website

http://www.taihan.com/

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Videos

[ Taihan corporate video ] Taihan Cable & Solution, which was established as the first electric wire company in Korea, paved the way for development of the fields of power and communication cables and base metal, and has been leading the development of the global cable market as well as Korea market. 📢 Please check out the detailed information in the Taihan corporate video #Taihan #Hoban #Hobangroup #Corporate_video

M-TEC, a South African production subsidiary of Taihan Cable & Solution, has introduced a new corporate video. It includes information about the company’s competitiveness and manufacturing facilities. Founded in 2000 as a joint venture company, M-TEC serves as an advanced base for entering the African continent. As a comprehensive cable company, including optical communication cables and power cables, it is striving to become the best cable company on the African continent. 📢 For more information about M-TEC : https://lnkd.in/gQ-XaHXZ #Taihan ##Hoban #Hobangroup #MTEC #Africa #CorporateVideo

Since its inception as Korea’s leading wire company, Taihan Cable & Solution has been at the forefront of power and communication cables, as well as base metals. This has been made possible by our relentless pursuit of challenges and innovations, which has earned us numerous accolades as 'Korea's first' and 'the world's first'. We invite you to learn more about the technological excellence and capabilities of Taihan, which proudly boasts a growth history spanning 70 years. 🔎 For a more comprehensive understanding of our operations and accomplishments, we encourage you to explore the additional videos available via the links provided below. https://www.taihan.com/en/customer/corPromotion #Taihan #Hoban #Video #70_year_history #CompanyIntroduction