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LS Cable & System Asia announced a KRW 10 billion (approx. USD 10 million) investment in its subsidiary LS-VINA in Haiphong, Vietnam, to increase annual copper rod production capacity from 27,000 tons to 100,000 tons. Production and sales are expected to begin in the first half of 2019.
“LS Cable & System Asia announced on April 5 that they will be investing approximately 10 billion won in LS-VINA to increase annual capacity of copper rods from 27,000 tons to 100,000 tons.”lsholdings.co.kr
Summarized from public sources; check the original articles before acting on it.