'84th Anniversary' DaeHan Electric Wire & Cable "From Korea's First to World's Best"

Vice Chairman Song Jongmin Presents Future Vision
Emphasizing Technological Competitiveness

Song Jong-min, Vice Chairman and CEO of Korea Electric Wire Co., Ltd., presented a future vision to become a global market leader as a pioneer of the domestic wire industry, stating, "It is now time to open the door to a new 100 years," on the occasion of the company's 84th anniversary.

In his commemorative speech on the 84th anniversary of Korea Electric Wire on the 18th, Vice Chairman Song said, "This year, by successfully completing the comprehensive construction of the first submarine cable plant and starting construction of the second plant, we will become a game changer in the global offshore wind power market," adding, "At the same time, we will secure various business opportunities in the fields of high-voltage direct current (HVDC) cable systems and power transmission network projects to lay the foundation for sustainable growth.

Exterior view of Daehan Electric Wire Dangjin Cable Factory. Provided by Daehan Electric Wire

Vice Chairman Song emphasized, "Amid the global power grid boom, we must fulfill our role as export leaders in the cable industry and contribute to strengthening national competitiveness," and "I firmly believe that Korea Electric Wire’s competitiveness will surpass being the first domestic company and become the best in the world.

He also highlighted Korea Electric Wire’s history as the first domestic wire company founded in 1941, stating, "The cable industry was nonexistent in barren land, but we rooted cable technology and laid the foundation for national industrial development. Numerous technologies and products first developed by Korea Electric Wire have become industry standards."

In particular, he cited technological competitiveness as the driving force behind Korea Electric Wire’s growth, stressing, "Even amid many crises, with a single-minded determination to protect our core cable industry, we have strived for technological innovation and product advancement, gaining recognition for our competitiveness in the global market." Korea Electric Wire is recognized for establishing industry standards by obtaining the first Korean Industrial Standards (KS) certification for wire products in 1964. In the same year, it began exporting cables to Vietnam and Taiwan, introducing Korean cable products to the global market for the first time.

Song Jong-min, Vice Chairman and CEO of Korea Electric Wire Co., Ltd. Photo by Korea Electric Wire Co., Ltd.

Additionally, Korea Electric Wire was the first in the country to develop 33kV and 154kV technologies, which became the foundation of transmission and distribution networks, and also developed and commercialized the 500kV ultra-high voltage cable system, designated as a national core technology, for the first time domestically. Furthermore, it achieved international certification by developing the country’s first 500kV current-type and 525kV voltage-type (3000SQ, allowable temperature 90℃) HVDC underground cable systems.

Meanwhile, Korea Electric Wire commemorated its anniversary through Vice Chairman Song’s speech without holding a separate event on the day.

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