TAIHAN Fiberoptics Co.,LTD, formerly OPTOMAGIC CO., LTD, is a Korea-based company that is mainly engaged in the manufacture of optical fibers. The Company operates its business through three divisions: optical fiber division, which produces optical fibers and stainless steel loose tubes (SSLTs) used for optical communication cables and optical power ground wires (OPGWs); optical cable division, which produces optical cables, as well as new drug development division. It distributes its optic al fibers under the brand name of OPTOMAGIC. The Company distributes its products within domestic market and to overseas markets. On December 19, 2011, the Company acquired optical fiberglass cable business from Taihan Electric Wire Co., Ltd.