Asia Pacific Wire & Cable (APWC) is a wire and cable manufacturer operating across the Asia Pacific region. APWC makes three core product lines: enameled wire (copper wire coated with insulating varnish, used in motors, transformers, and appliances), power cable (low-voltage cables for residential, commercial, and infrastructure applications), and telecom cable (copper and fiber optic cables for telephone and data networks). APWC also provides SDI (supply, delivery, and installation) project engineering services for medium and high voltage power cable in Singapore, primarily for SP Power Assets, the national grid operator. APWC operates through three geographic segments — Thailand, Rest of World (Singapore and Australia), and North Asia (China and Hong Kong) — with power cable as the largest product category by revenue, followed by enameled wire. APWC sells directly through each subsidiary's own sales force to appliance manufacturers, electrical contractors, utilities, and construction developers. APWC's profitability is driven primarily by the fabrication margin — the spread between copper input costs and selling prices — rather than the absolute price of copper, as most products are priced based on prevailing copper spot prices at the time of order. APWC completed a rights offering in early 2026 and intends to use the proceeds to build new production facilities, potentially in North America and Southeast Asia, positioning itself to benefit from manufacturing relocation driven by U.S. trade policy. APWC is also exploring adjacencies including energy storage, EV powertrains, and data center products, though these remain at an early planning stage.