Taihan Cable & Solution: Difference between revisions
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'''Taihan Electric Wire''' (대한전선) is a Korean corporation known for manufacturing electric wires and stainless steel products for electricity and communication. It was established in 1955 as the first wire and cable company in South Korea. It is listed on the Korean Stock Exchange under Ticker symbol 001440. The |
'''Taihan Electric Wire''' (대한전선) is a Korean corporation known for manufacturing electric wires and stainless steel products for electricity and communication. It was established in 1955 as the first wire and cable company in South Korea. It is listed on the Korean Stock Exchange under Ticker symbol 001440. The company was recently acquired by IMM Private Equity<ref>[http://www.businesskorea.co.kr/english/news/money/11939-private-monies-private-equity-funds-adding-life-economy Private Equity Funds Adding Life to Economy Business Korea 4 September 2015]</ref>. |
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The current CEO is Kang Hui Jeon<ref>[http://www.reuters.com/finance/stocks/001440.KS/key-developments/article/3183166 Reuters 30 Mar 2015]</ref>. |
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==History== |
==History== |
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In 2013, after 58 years, the founder's family relinquished control of the company as the debt mounted forcing the company to restructure<ref>[http://www.businesskorea.co.kr/english/news/industry/1632-restructuring-ceo-taihan-electric-wire-relinquishes-management-rights-business BusinessKorea 10 October 2013]</ref>. |
In 2013, after 58 years, the founder's family relinquished control of the company as the debt mounted forcing the company to restructure<ref>[http://www.businesskorea.co.kr/english/news/industry/1632-restructuring-ceo-taihan-electric-wire-relinquishes-management-rights-business BusinessKorea 10 October 2013]</ref>. |
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Revision as of 13:58, 13 March 2016
Taihan Electric Wire (대한전선) is a Korean corporation known for manufacturing electric wires and stainless steel products for electricity and communication. It was established in 1955 as the first wire and cable company in South Korea. It is listed on the Korean Stock Exchange under Ticker symbol 001440. The company was recently acquired by IMM Private Equity[1]. The current CEO is Kang Hui Jeon[2].
History
In 2013, after 58 years, the founder's family relinquished control of the company as the debt mounted forcing the company to restructure[3].
Operations
Taihan has a manufacturing plant in Gyeonggi-do and Chungcheongnam-dong, Korea and a research center in Gyeonggi-do. It has overseas offices in South Africa, Democratic Republic of Congo, Vietnam, Hong Kong, Mongolia, the United States, Canada, United Arab Emirates, Saudi Arabia, Kuwait, Singapore, Malaysia, Thailand and Australia.
Products and Services
- Supply of Telephone and Optical Fiber Cable
- Ultra-high-voltage cables and connecting parts
- Turnkey contract work for High Tension Power Cable Project[4]