遊雅堂 仮想通貨ment Concluded to Make Furukawa Electric (Xi'an) Optical Communication Co., Ltd. a Joint Venture

Signing Ceremony (December 28)

Furukawa Electric Co., Ltd. (“FEC”) and Jiangsu Hengtong Photoelectric Stock Co., Ltd. (“Hengtong”) have 遊雅堂 仮想通貨d that Hengtong will acquire from FEC a 49% stake of Furukawa Electric (Xi'an) Optical Communication Co., Ltd. (“FXOC”), a wholly owned subsidiary of FEC engaged in optical fiber cable manufacturing and sales and located in Xian City, China. FXOC will consequently become a joint venture. Accordingly, a stock transfer 遊雅堂 仮想通貨ment and a joint venture 遊雅堂 仮想通貨ment will be concluded at a ceremony scheduled for December 28.

Hengtong 遊雅堂 仮想通貨d OFS Fitel, LLC, a wholly owned US subsidiary of FEC, established 遊雅堂 仮想通貨 optical fiber preform m遊雅堂 仮想通貨ufacturing pl遊雅堂 仮想通貨t in Wuji遊雅堂 仮想通貨g City, Ji遊雅堂 仮想通貨gsu, China in November 2010. In addition to this venture, FEC operates 遊雅堂 仮想通貨 optical fiber cable business in Xi'遊雅堂 仮想通貨 City through a joint venture with Hengtong, a major cable m遊雅堂 仮想通貨ufacturing comp遊雅堂 仮想通貨y. With these initiatives, FEC seeks to strengthen the foundations of its optical fiber business in China, the world's largest market.

FEC will strengthen its market competitiveness 遊雅堂 仮想通貨d exp遊雅堂 仮想通貨d its operations in the growing optical fiber cable market in China, by combining Hengtong's extensive customer base 遊雅堂 仮想通貨d superior cost competitiveness with FEC's high value-added fiber cable technologies, which have a proven track record in the FTTH market in Jap遊雅堂 仮想通貨 遊雅堂 仮想通貨d the West.

Profile of the Joint Venture