- In September 2023, SubCom (U.S.) expanded its production and marine fulfillment capabilities by increasing manufacturing operations and adding advanced fiber-optic cable assembly. The company also purchased two new vessels, enhancing cable transport and marine route surveys. These upgrades are designed to reduce transit times, improve operational efficiency, and meet the rising demand for subsea cable networks, positioning SubCom as a key player in global digital infrastructure
- In April 2023, Sumitomo Electric (Japan) announced the establishment of a power cable factory in Scotland, U.K. This facility aims to produce high-voltage alternating current (HVAC) submarine cables, enhancing the company's capacity to support renewable energy projects, particularly offshore wind farms. The development is expected to bolster local manufacturing capabilities, reduce supply chain risks, and contribute to the U.K.'s energy transition goals. By increasing production capacity and proximity to key markets, Sumitomo Electric strengthens its position in the European submarine cable market, aligning with the growing demand for sustainable energy infrastructure
