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General Cable Technologies Corporation

Company Profile Analysis

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General Cable Technologies Corporation - Semiconductor showcase

Year Founded & Workforce

1995

29,000 Employees

Industry

Semiconductor

Services

Cables
G

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General Cable Technologies Corporation Overview

Company Headquarters: US

Founded: 1995

Workforce: ~29,000

Company Working: General Cable Technologies Corporation (General Cable) is engaged in the design and manufacturing of wires and cables products. The company develops copper, aluminum, fiber optic wire, and cable products for the energy, industrial, specialty, and communication industries. It operates through three segments, namely, projects operating segment, energy operating segment, and telecom operating segment. The projects operating segment covers the company’s high-tech businesses of high voltage underground, submarine power, submarine telecom, and offshore specialties. The energy operating segment includes a complete and innovative product portfolio to energy & infrastructure and industrial & network components. The telecom operating segment covers cable systems and connectivity products used in telecommunication networks. This segment offers products optical fiber, optical cables, connectivity components and accessories, OPGW (optical ground wire), and copper cables. The company has a presence in the major regions across the globe with a strong distribution network.

Strategy

General Cable focuses on product development with innovative solutions to enhance its product portfolio. It emphasizes on acquisitions for the growth of its businesses and the expansion of its geographical presence. In each market, the company concentrates on lowering costs, increasing awareness of its products, identifying market needs, and investing in research, distribution, staffing, product development, and increasing focus on brand, distribution, and innovation.

Company Snapshot

$8,000M

Revenue

29,000

Employees

1995

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Strong financial performance
  • Integrated manufacturing network

Weaknesses

  • Concentrated customer base increases business risks

Opportunities

  • Growing 5G and LTE market cables and cables assemblies

Threats

  • Competition from Chinese manufacturers

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Product Offering

  • General Cable Technologies Corporation
    • Cables

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Revenue rose from USD 8 Mn in 2016 to USD 12.9 Mn in 2019.
General Cable Technologies Corporation — By Business Segment
Series (USD Mn)2016201720182019
Revenue89.511.612.9

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