LS Cable & System Singapore power cable deal
LS Cable & System (LS C&S) has secured a government contract worth about $82 million to supply low‑voltage and high‑voltage power cables to Singapore. The company plans to deliver about 400 km of cable through 2021, supporting the country’s ongoing power grid upgrades. You can learn more about LS Cable & System at https://www.lscns.com.
The orders come from the Singaporean government, which has worked since 2017 to replace aging cable infrastructure. LS C&S notes that it holds the largest market share in Singapore’s power cable sector. The company credits greater transparency in its local operations, improved management practices, and active technical support over several years as key factors that helped it secure this new deal.
Strategy, growth, and offshore wind projects in Taiwan
LS C&S President and CEO Myung Roe‑hyun says the company continues to expand overseas to offset the global economic slowdown and limited domestic demand. He also describes the Singapore contract as a valuable achievement, especially during the challenging business climate created by the Covid‑19 crisis.
In addition, LS C&S has started shipping submarine cables for Taiwan’s offshore wind farms. The company previously won an order to supply high‑voltage submarine cable for the first offshore wind farm project in Taiwan. That project requires the installation of about 70 km of cable for a site located off the coast of Yunlin County (Yunlin Xian) in western Taiwan.
