Taihan Electric Wire Co. Ltd. is a Korea-based company mainly engaged in the manufacture of electric wires and cables. The Company provides three categories of products: bare wires and coils, electric and insulated wires and communication cables. Its bare wires and coils are used in electrical machineries. Its electric and insulated wires are used in power generation industry. Its communication cables are used to transmit electric optical signals to voice, image and data. The Company is also involved in electric and communication construction works. On May 30, 2011, the Company sold its entire shares of Muju Resort Co.,Ltd, mainly engaged in the sports and entertainment related business. On December 19, 2011, the Company sold its optical fiberglass cable business to Optomagic Co., Ltd. On July 6, 2012, the Company sold its entire 51% stake in Taihan Reach Co.,Ltd. On October 21, 2012, the Company sold its entire 51.55% stake in TAIHAN Fiberoptics Co.,LTD.