# Taihan Cable & Solution business expansion > Developing situation record from CLSTR: https://clstr.news/situations/taihan-cable-solution-business-expansion > Updated: 2026-10-29T06:28:36.000Z. Sources: 4. Developments: 2. Taihan Cable & Solution has experienced significant growth in its global power infrastructure business. The company secured a turnkey contract for a 380kV ultra-high voltage underground AC power grid project in Germany, managed through its Netherlands-based subsidiary. This project involves the supply of cables and connectors valued at approximately 115 billion won. Following these international developments, the company reported record third-quarter financial results. For the third quarter, revenue reached 1.1764 trillion KRW and operating profit hit 30.9 billion KRW. On a cumulative basis for the first three quarters, the company’s operating profit of 152.1 billion KRW has already exceeded the total annual operating profit of the previous year by approximately 18%. This financial performance is attributed to rising demand for extra-high voltage cables and revenue from international projects across Europe, North America, and Asia. The company’s order backlog has reached a record 4.3073 trillion KRW, and it intends to focus on high-voltage direct current (HVDC) and submarine cable technologies to meet growing infrastructure demands. ## Timeline ### 2026-10-29: Taihan Cable & Solution reports record Q3 cumulative operating profit Taihan Cable & Solution's cumulative Q3 operating profit reached 152.1 billion KRW, surpassing last year's full-year total due to high demand for extra-high voltage cables. 2 sources. https://clstr.news/cluster/taihan-cable-solution-reports-record-q3-cumulative-operating-profit ### 2026-10-27: Taihan Cable wins 380kV ultra-high voltage grid project in Germany Taihan Cable secured a turnkey 380kV ultra-high voltage grid project in Germany, boosting its European orders to over 500 billion won this year. 4 sources. https://clstr.news/cluster/taihan-cable-wins-380kv-ultra-high-voltage-grid-project-in-germany --- Cite as: Taihan Cable & Solution business expansion. CLSTR, https://clstr.news/situations/taihan-cable-solution-business-expansion