South Korean Taihan Cable & Solution is investing $360 million for the first phase of construction of its second submarine cable manufacturing facility, which will once operational deliver a production capacity nearly five times greater than the company’s first submarine cable plant.

Taihan opened the first phase of its first submarine cable plant that produces inter-array cables, covering around 44,800 m2 behind Godae Pier at Pyeongtaek’s Dangjin Port, in May 2024. The second phase, which includes facilities for the production of export cables, was on schedule for completion by the first half of 2025.