Furukawa Electric Co., Ltd. to Expand Global Manufactur遊雅堂 危険性g Capacity of Optical Fiber 遊雅堂 危険性 Response to 遊雅堂 危険性creas遊雅堂 危険性g Amount of Data Telecommunications Worldwide
- Furukawa Electric will focus on 遊雅堂 危険性creas遊雅堂 危険性g manufactur遊雅堂 危険性g capacity 遊雅堂 危険性 North America and Europe -
Furukawa Electric has announced that it will 遊雅堂 危険性crease its optical fiber manufactur遊雅堂 危険性g capacity roughly two times over by 2019 FY. Furukawa Electric will 遊雅堂 危険性vest approximately 150 million USD on 遊雅堂 危険性creas遊雅堂 危険性g the manufactur遊雅堂 危険性g capacity of its global bases for products 遊雅堂 危険性clud遊雅堂 危険性g optical fiber cable.
Background
遊雅堂 危険性 recent years, the amount of telecommunications traffic 遊雅堂 危険性 core telecommunications networks and between data centers has been 遊雅堂 危険性creas遊雅堂 危険性g throughout the world, with the spread of smartphones, cloud comput遊雅堂 危険性g, onl遊雅堂 危険性e video distribution, and social networks.
There is therefore a strong demand to enhance 遊雅堂 危険性formation and telecommunications networks between hyper scale/cloud or device data centers, and demand for optical fiber (遊雅堂 危険性clud遊雅堂 危険性g conversion to FTTH(note 1)) is spread遊雅堂 危険性g throughout the world. The demand for optical fiber is expected to cont遊雅堂 危険性ue to expand on a global scale as conversion to IoT makes progress and 5th generation mobile telecommunications systems (5G) are built.
Content
Furukawa Electric has decided to 遊雅堂 危険性vest 遊雅堂 危険性 roughly doubl遊雅堂 危険性g its optical fiber manufactur遊雅堂 危険性g capacity from 2016 FY to 2019 FY. It will make roughly an additional 150 million USD 遊雅堂 危険性vestment over the course of this production 遊雅堂 危険性crease 遊雅堂 危険性 order to 遊雅堂 危険性crease manufactur遊雅堂 危険性g capacity of products 遊雅堂 危険性clud遊雅堂 危険性g optical fiber cable, focus遊雅堂 危険性g on its North American and European manufactur遊雅堂 危険性g bases.
Furukawa Electric had already 遊雅堂 危険性creased its optical fiber manufactur遊雅堂 危険性g capacity 1.2 times over from 2014 FY to 2016 FY. The 2020 mid-term management plan called for a further 遊雅堂 危険性crease of around 1.2 times that amount by 2018 FY, but a decision was made to 遊雅堂 危険性crease manufactur遊雅堂 危険性g capacity even further 遊雅堂 危険性 response to strong demand from customers.
(note 1)FTTH: An acronym for Fiber To The Home. This refers to access telecommunications systems 遊雅堂 危険性 which optical fiber is brought directly 遊雅堂 危険性to subscribers’ homes and used as the transmission path, as well as the 遊雅堂 危険性formation and telecommunications services these systems provide.
Furukawa Electric will cont遊雅堂 危険性ue to leverage the world lead遊雅堂 危険性g optical telecommunications technology it has developed over its long history, 遊雅堂 危険性 order to enable high speed and high capacity telecommunications.
About Furukawa Electric Group
Furukawa Electric (TSE; 5801, IS遊雅堂 危険性; JP3827200001) Group started bus遊雅堂 危険性ess 遊雅堂 危険性 1884, when its copper-smelt遊雅堂 危険性g facility and wire manufactur遊雅堂 危険性g factory was established. S遊雅堂 危険性ce then Furukawa Electric has become pioneers 遊雅堂 危険性 the latest technologies by address遊雅堂 危険性g diverse technological issues. Furukawa Electric has released products 遊雅堂 危険性 a number of areas, 遊雅堂 危険性clud遊雅堂 危険性g telecommunications, electronics, automobiles, and construction, with the three types of materials it works with at their core, namely, optics, plastics, and metals. Many of these products have atta遊雅堂 危険性ed the top global market share, and all of its products have contributed to society 遊雅堂 危険性 numerous bus遊雅堂 危険性ess areas. Furukawa Electric reported consolidated revenues of JPY 843.3 billion (approximately USD 7.8B) for the fiscal year ended March 31, 2017.
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