The partnership between the two companies involves Walsin investing 2.7 billion NTD (approximately EUR 80 million) to establish Walsin Energy Cable System Co. Ltd (Walsin Cable), in which Walsin Lihwa holds a 90 per cent and NKT a 10 per cent stake . For the construction and operation of the factory, the companies have signed three agreements: a joint venture agreement, a technology licence agreement and a technology consultancy agreement.

Under the joint venture agreement, NKT is providing technical support for the construction of the factory and the Danish cable company’s technology is licensed to the joint venture company, Walsin Lihwa, under the licence agreement.