LS Cable & System Wins Singapore Ultra-High Voltage Cable Order..."Maintaining No.1 Market Share"

Accumulated Approximately 350 Billion This Year
"Asia's Largest Singapore, Number 1 for Over 10 Years"

LS Cable & System announced on the 16th that it has won a high-voltage cable project worth approximately 113 billion KRW from the Singapore Power Authority. The cumulative order amount for this year is about 350 billion KRW.

Singapore is the largest high-voltage market in Asia. The power grid is composed solely of underground cables without constructing transmission towers. There is fierce competition among global cable companies from Europe and other regions to win high value-added underground cable projects. LS Cable & System has targeted the Singapore market since 2010 and has become the number one supplier in market share.

An LS Cable employee is testing an ultra-high voltage cable system.
[Photo by LS Cable]

This project is carried out in a turnkey manner, including cable delivery, construction, and installation. LS Cable & System supplies cables of 230 kV and above, while LS Cable & System Asia supplies those of 66 kV and below.

An LS Cable & System official said, "The project, which was postponed for three years due to COVID-19, resumed this year," adding, "We were able to maintain our number one position by steadily managing quality in the high-voltage cable market and striving to improve customer satisfaction."

This content was produced with the assistance of AI translation services.