LS C&S said to be in talks that could lead to opening a cable plant in Turkmenistan

South Korea’s LS Cable & System (LS C&S) is evaluating plans for an optical cable manufacturing plant in Turkmenistan. This possible investment supports Turkmenistan’s push to expand modern telecom networks.​​​ LS C&S representatives held online talks with the Turkmenaragatnashyk Agency, which manages telecom contracts and infrastructure. They discussed optical cable supply and, additionally, potential local production in […]

Orlando Precision acquires Gifford Spring

Orlando Precision acquired Gifford Spring Company, a long-standing family business in Garland, Texas. This deal marks Orlando Precision’s first acquisition outside California and supports a broader national growth plan. To learn more about Orlando Precision, readers can visit the company’s website, and for Gifford Spring Company background and capabilities, they can visit its official site.​ […]

Jury awards Prysmian $96.5 million from Sterlite for violation of trade secrets

Prysmian Secures Major Legal Victory Over Sterlite Technologies A U.S. District Court jury in Columbia, South Carolina, awarded Prysmian Group $96.5 million in damages after finding Sterlite Technologies Inc., the U.S. division of India’s Sterlite Technologies Ltd. (STL), liable for trade secret violations. The verdict, delivered on August 9, 2024, followed a three-week trial. The decision confirmed Prysmian’s claims involving […]

WAI prepares its fourth Global Continuous Casting Forum in conjunction with INTERWIRE 2025

Join Industry Leaders in Continuous Casting Innovation The Wire Association International (WAI) invites professionals, researchers, and engineers to submit abstracts for the Global Continuous Casting Forum at Interwire 2025. This event brings together top experts to discuss advancements in degassing, metal flow, refractories, aluminum and copper alloys, and sustainability within continuous casting technology. How to Submit an Abstract Submit your abstract by October […]

Nokia agrees to sell Alcatel Submarine Networks (ASN) to a French state entity

Nokia Agrees to Divest Non-Core Submarine Cable Business Nokia announced plans to sell Alcatel Submarine Networks (ASN)—a global leader in undersea cable systems—to the French State, represented by the Agence des participations de l’État (APE). The company entered into a put option agreement that transfers a majority stake in ASN while keeping a smaller share to ensure a stable […]