# NKT to sign joint venture agreement with Walsin Lihwa for Taiwan cable factory

NKT will sign a joint venture agreement with Taiwanese cable company Walsin Lihwa to provide technical support for constructing the first subsea power cable factory in Taiwan. The factory will produce high- and medium-voltage AC offshore power cables, 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

- [energyglobal.com](https://www.energyglobal.com/wind/24022023/nkt-to-sign-joint-venture-agreement-with-walsin-lihwa/), 2023-02-24: "NKT will sign a joint venture (JV) agreement with Taiwanese cable company, Walsin Lihwa, to provide technical support for the construction of the first subsea power cable factory in Taiwan."

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