# NKT and Walsin Lihwa form joint venture for Taiwan subsea cable factory

NKT will enter a joint venture with Taiwanese cable manufacturer Walsin Lihwa to construct the first subsea power cable factory in Taiwan. The factory will produce high- and medium-voltage AC offshore power cables for the Taiwanese offshore wind market, expected to be operational in 2027.

- Type: Partnership
- Announced: 2023-02-24
- Where: Taiwan, TWN
- Status: announced
- Products: subsea power cables, high- and medium-voltage AC offshore power cables
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [NKT](https://endata.com/companies/15394.md) (partner)
- [Walsin Lihwa Corporation](https://endata.com/companies/48526.md) (partner)

## Sources

- [kromannreumert.com](https://kromannreumert.com/en/deals-cases/nkt-to-enter-into-a-joint-venture-with-taiwanese-cable-manufacturer), 2023-02-24: "The Joint Venture shall construct the first subsea power cable factory in Taiwan and shall supply high- and medium-voltage AC offshore power cables mainly for the Taiwanese offshore wind market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.