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Current situation of Korean cable(wire) industry and their impact on shipbuilding and marine industries

Let¡¯s review the cable industry's vein that could be ship's 'nerves and blood vessels'
Let¡¯s review the cable industry's vein that could be ship's 'nerves and blood vessels'

The length of blood vessels called as the lifeline of the body is about 100,000 ~ 120,000 km. Bloods are running to the blood vessels in our body wit the average speed of 210km.

As getting older, vascular stenosis happens in the blood vessels, and the complications due to hyperlipidemia symptoms in addition to hypertension occurs with the accumulation of bad cholesterol and triglycerides, which in severe cases, become lost their lives or bust.

But the thorough vessel management, geriatric (lifestyle) is not able to come to. So, like blood vessels that get connected throughout the body under the skin and help internal organs function properly, it is ¡®cable¡¯ to have such an important role in shipbuilding and marine plants. Cable has somewhat less portion in terms of the price with taking up only about 1% against the overalls. But in all things in this world electric powered tools such as the dryer, television and computers, a work of architecture being wired and also ¡¯ship¡¯ on the sea, it would not an exaggeration that nothing is possible without the cable.

Ship is called 'microcosm of land'. In addition, it spends most of the time on a limited basis such that the sea is beautiful but kept within it scared. In a state of all over the dangers of the sea, the importance of the cable would be very big that is in charge of 'nerves and blood vessels' of the ship. In ¡®The Marine and Shipbuilding', the edition of May, it has identified the current situation and the future of the cable industry that exists in order to bridge for good functioning of marine and offshore plants.
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1. Importance of the cable(wire) industry

2. Current status of Korean cable(wire) Industry
(1) Market size of Korean cable(wire) Industry
Table1. Export and import statistics in last 5 years in terms of HSK code 8544 (unit: one thousand dollars / %)

(2) Technology, Specifications and the Standardization of Domestic cable(wire) Industry

Figure1. Response for cable technology and competitiveness on productivity

(3). Specifications and Standardization at home and abroad of Domestic cable(wire) Industry
Table 2. Standards for marine cables
¡á Source: JS Cable Co., Ltd

Table 3. Special inspection standards of marine cable
¡á Source: JS Cable Co., Ltd(Foot note: *old version of finished test items standard is not required.)

3. Outlook for Korean cable (wire) industry
Figure 2. Reason for optimism in the cable industry outlook

Figure 3. The average copper price in LME market in the last 5 years (unit: US$/ton)
¡á Source: Korea Nonferrous Metal Association

[Table4] Export and import statistics in last 5 years in terms of HSK code 7408 (unit: one thousand dollars / %)
¡á Source: The Korea International Trade Association, export-Import Statistics
(Foot note: HSK cord 7408 is the agreement line.)

4. Conclusion
'Lack of core technology' and 'Lack of value-added technology' were the issues covering problems for domestic industry.
We should reconsider that there is no development without basic. High-value technology exists beneath our own proprietary technology.
It guesses these basic things to be forgotten. It says that ¡®More haste, less speed¡¯. In this subsequent long-term depression, not forgetting the basic facts, turning the present status of the issue and working to improve the current position to find ways could be a good method.

¡á References
  • Korea Ship Safety Technology Authority: www.kst.or.kr
  • Korea Nonferrous Metal Association: www.nonferrous.or.kr
  • Kukdong Electric Wire., Ltd: www.cablekukdong.co.kr
  • JS Cable Co., Ltd: www.jscable.co.kr
  • The Korea International Trade Association: www.kita.net
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