LS Cable & System has completed construction of its second telecommunication plant at its LSCI plant in India, doubling the production capacity of telecommunication parts, the company said on Oct. 6.
The company is moving to foster LSCI as a specialized production base for telecommunication harness to respond to India's rapidly growing domestic market and target overseas markets such as Europe and North America.
Communication harness is a cable parts that connects mobile base stations and antennas to the system. LS Cable & System has been supplying its products to Reliance Jio, Airtel, and Vodafone through Samsung Electronics and Ericsson in India and has taken up about 20 percent of the Indian market.
Park Hyun-ho, head of LSCI Corp, said, "Global telecommunication equipment companies such as Ericsson and Nokia are fostering global sourcing bases in India. We are planning to expand markets by securing quality by computerizing quality control systems."
He added, "India has nearly 1.2 billion mobile subscribers and 5G is about to be commercialized. We expect the telecommunication equipment market to grow rapidly as global telecommunication companies announce investment plans worth tens of trillion won."