Wiscom

What Wiscom does

Wiscom Co., Ltd. (주식회사 위스컴; KRX: 24070) is a South Korea-based, publicly-listed manufacturer of plastic compounds specializing in cable insulation and jacketing materials. Founded in 1973 as Woo Shin Chemical Industry and rebranded to WISCOM in 2000, the company produces 18 distinct compound categories including semi-conductive compounds for medium-voltage cables below 35kV, HFFR/LSZH and cross-linked compounds, and specialty formulations for high/ultra-high-voltage power cables, communication cables, automotive wire, marine, solar, and industrial applications. Its technology base rests on four granted Korean patents covering semi-conductive water-blocking pellet compounds, heat/flame-resisting thermoplastic resin compositions, glass encapsulation molding resin, and aerial wire cable sheathing compositions, supported by KS, UL, ISO 9002, and ISO 14001 certifications.

The company generates revenue through direct B2B sales of custom-formulated compound pellets to cable manufacturers, automotive OEMs, and industrial customers in South Korea, China, and selectively broader Asia. Pricing is quote-based and not publicly disclosed, consistent with custom industrial compounding rather than commoditized resin sales. Wiscom operates seven wholly-owned manufacturing facilities — five in South Korea (Ansan 1st, Ansan 2nd, Sihwa, Ansung, Yeosu) and two in China (Wuxi since 2003/2004, Jiangmen since 2018/2020) — and runs MES and PIS production information systems in support of its manufacturing operations. Named enterprise customers include Hyundai Motor (SQ-certified supplier since 2016) and LG Chem (engineering plastic OEM contract since 1999), with the company referencing Korean Export Tower awards up to $10 million as evidence of historical export reach.

Wiscom's reported revenue milestones show sales of 100 billion KRW in 2000 and 170 billion KRW in 2011; no verifiable current-period revenue is available in the input data, and the company's most recent leadership change was the December 2009 appointment of CEO Young-il Koo. The company is not pursuing disclosed AI or software-defined capabilities, and its competitive position is grounded in accumulated patents, manufacturing scale, multi-decade certifications, and its Chinese production subsidiaries rather than in technology differentiation.

Name

Wiscom

Legal name

WISCOM CO.,LTD. (주식회사 위스컴)

Website

https://wiscom.co.kr

Company type

Public

Founded year

1973

Operating status

Operating

Headcount range

251–500 employees

Short description

Wiscom (KRX: 24070) is a South Korean public manufacturer of plastic compounds for cable insulation and jacketing, supplying 18 compound categories to power, communication, automotive, marine, and solar cable makers across seven factories in Korea and China.

Ownership category

akta.pro rank

Product category

Industrial Plastic Compounds

NAICS

Communication and Energy Wire and Cable Manufacturing (33592)

SIC

Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820)

akta.pro primary industry

Cable Accessories & Joints/Terminations (splices, joints, terminations, link boxes) (EUADADAC)

akta.pro secondary industry

Building Wire & Cable (Residential/Commercial) (IMADAMAA)

Keywords

• Plastic compounds manufacturing
• Cable insulation materials
• PVC compounds
• Polymer compounds
• Industrial plastic materials

Headquarters

HQ city

Ansan

HQ country

South Korea

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Revenue model

1. Plastic Compound Manufacturing and Sales: Manufactures and sells plastic compounds (PVC compounds, semi-conductive compounds, HFFR compounds, cross-linked compounds) for various cable applications including power cables, communication cables, automobile cables, and industrial cables

Distribution channels1 record

Core offering

Wiscom manufactures and distributes specialized plastic compounds used for cable insulation and jacketing. Its portfolio covers 18 compound categories including semi-conductive compounds, HFFR/LSZH compounds, cross-linked compounds, PVC compounds, and specialty formulations for power cables, communication cables, automotive cables, marine cables, and solar power cables. The company sells directly to cable and automotive manufacturers from production facilities in South Korea and China.

Product overview

Wiscom is a leading Korean plastic compound manufacturer specializing in PVC and polymer compounds for the cable and wire industry. The company offers a comprehensive portfolio of 18 product categories covering semi-conductive compounds (outer and inner shield), flame retardant compounds (HFFR/LSZH), crosslinked compounds, and specialty compounds for power cables, communication cables, automotive applications, solar power, marine, and industrial uses. The product line includes compounds for high/ultra-high voltage, flame retardant, heat resistant, cold resistant, oil resistant, and pest-repellent applications, serving diverse sectors from energy infrastructure to automotive manufacturing.

Differentiator

Problem solved

Functional benefit

Products and services

• Semi-conductive Cable Compound

Named customers2 records

Segments5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• LG ChemminorOEM/ Whitelabel/ Licensing Partner · 1 July 1999Engineering Plastic OEM contract established with LG Chem in July 1999. WISCOM manufactured engineering plastic compounds under OEM arrangement for LG Chem.

Scale indicators4 records

Recent moves12 records

Expansion highlights5 records

Broad incumbents

• INEOS Group: Global chemicals producer with PVC, chlorovinyls, and specialty compounds relevant to cable jacketing and insulation. Competes in similar end markets with greater scale and vertical integration than Wiscom.
• LG Chem: Korea's largest chemical/materials company, producing engineering plastics, PVC, and specialty compounds (and a Wiscom customer per the 1999 OEM contract). Represents both a competitor and customer — most powerful incumbent in the domestic compound market.
• SABIC: Saudi global petrochemicals giant producing cable-grade polyethylene, polypropylene, and specialty thermoplastics. Comparable as a large-scale cable-compound materials supplier with global reach.
• Westlake Corporation: Major North American PVC and chlorovinyls producer supplying building wire, pipe, and cable-grade PVC compounds. Direct upstream comp in PVC cable compound feedstocks used in Wiscom's PVC product lines.
• Dow Inc. Global broad-line chemical company with wire and cable compound offerings across XLPE, HFFR, and semi-conductive grades. Comparable to Wiscom in cable insulation chemistry, with vastly greater R&D and global reach.
• Shintech Inc. (Formosa Plastics Group): World's largest PVC producer supplying cable-grade PVC resin to compounders globally. Comp material source for Wiscom's PVC compound line and a major competitor in commodity cable-grade PVC.

Others

• LS Cable & System: Korea's largest cable manufacturer and a likely customer for Wiscom's cable compounds. Thematically adjacent — a key downstream buyer rather than direct compounder, but a critical reference point for Korean cable market dynamics.

Direct peers

• Avient Corporation: Specialty polymer materials company (formerly PolyOne) producing wire and cable formulations including HFFR, TPE, and cross-linked grades. Direct comp to Wiscom in specialty cable-grade compound formulations.
• Hanwha Solutions: Major Korean chemical manufacturer with PVC, PE, and specialty compound operations. Closest domestic Korean peer to Wiscom in the cable-grade and specialty plastics value chain.
• Borealis AG: Global leader in polyolefin cable compounds (Borealis Borlink, Visico) for power, communication, and high/medium-voltage cables. Most direct global comp peer to Wiscom's semi-conductive, XLPE, and HFFR cable insulation portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/wiscom-co-ltd

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wiscom