News

Scotland Going to Start Two Subsea Cable Factories

wirecableSeptember 4, 2021September 4, 2021

September 4, 2021September 4, 2021

Mainly, the production is going to be focused on cables for interconnections and export cables for the offshore wind market. September 03, 2021 Peel Ports Clydeport, the owner of Hunterston Port and Resource Campus, has come together with XLCC for two factories in Ayrshire, Scotland, which will manufacture HVDC subsea......

News

Boom in Subsea Cables with New Investments

wirecableAugust 4, 2016September 18, 2020

August 4, 2016September 18, 2020

Increase in internet activity has resulted in subsequent growth in subsea cable’s demand. This new cable is ideal for high-frequency trading between faraway markets. July 22, 2016 A dramatic expansion of subsea cables will support electronic trades between faraway market centers. By 2020, the subsea cable market is expected to......

LS Cable wins USD 100 million contract in Norway

wirecableOctober 27, 2014April 29, 2016

October 27, 2014April 29, 2016

September 20, 2014 LS Cable, the world’s third-largest cable manufacturer, signed a long-term agreement to supply cable to Aker Solutions of Norway. LS Cable became the first Korean cable manufacturer to be designated as a cable supplier by the global engineering company. Aker Solutions is a global provider of products,......