[Market Focus] Taihan Cable Jumps 7% After Unveiling HVDC Technology
Taihan Cable's share price is surging after the company unveiled its high-voltage direct current (HVDC) technology.
As of 11:52 a.m. on the 4th, Taihan Cable was trading at 33,150 won, up 2,350 won, or 7.63%, from the previous trading day.
On this day, Taihan Cable showcased its technological capabilities related to HVDC submarine cables at "ELECS KOREA 2026," which is being held at COEX in Seoul through the 6th. ELECS KOREA is an exhibition for transmission and distribution, power generation equipment, and renewable energy-related solutions, and about 220 domestic and overseas companies are participating this year.
At this exhibition, Taihan Cable presented the results of its research and development, including eco-friendly new products and new technologies, along with total solutions capable of supporting the West Sea Energy Expressway and offshore wind power, under the theme "From the West Sea to the World, Taihan Cable Connects New Energy Routes."
In particular, Taihan Cable placed at the center of its booth a prototype 525 kV HVDC submarine cable that can be deployed for the West Sea Energy Expressway, and is also exhibiting introductory materials on "Taihan Ocean Works," a specialized submarine cable construction company it acquired last year, as well as on a dedicated HVDC submarine cable cable-laying vessel (CLV) currently under review.
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In addition, the company is introducing its capabilities to execute the entire value chain for submarine cables, covering design, manufacturing, transportation, construction and engineering, and maintenance. It has also prepared an exhibition area for a model of the "PALOS," the only CLV cable-laying vessel in Korea dedicated to offshore wind power, and for its second submarine cable plant, which will have production capacity for 640 kV HVDC and 400 kV HVAC submarine cables.
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