LS-VINA

LS Cable & System Asia will invest 10 billion won ($9.25 million) into LS-VINA to expand annual Cu-Rod production capacity to 100,000 tons, up 3.7 times from current levels. Commercial production begins first half of 2019.

LS Cable & System Asia's Vietnamese subsidiary LS-VINA signed an exclusive $67 million contract to supply 22kV cables to Singapore's SP Power Assets for two years.

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.