During the event, global optical communications company YOFC joins its peers to seize the development opportunities of the gigabit era and witness the next stage of growth in the optical industry.
WUHAN from China, November 16, 2021 / PRNewswire / – The 7th Annual Global Virtual Fiber Optic and Cable Conference, a premier event in the global fiber optic and cable industry, was held online from November 16-18, 2021, Beijing time, bringing together many telecom operators, fiber optic and cable manufacturers as well as upstream and downstream producers of the global industrial chain. As a leading manufacturer of optical fiber preforms, optical fibers and optical fiber cables with global reach, Yangtze Optical Fiber and Cable Joint Stock Company (hereinafter referred to as “YOFC”, Stock Code: 601869.SH, 06869 .HK), once again participated in the global event alongside a number of well-known international companies including Corning Inc., Prysmian Group, OFS and Nokia Shanghai Bell. During the event, YOFC Executive Director and President Zhuang Dan gave a keynote address on Embracing Development Opportunities in the Gigabit Era and Witnessing the Next Stage of Growth in the optical industry.
“As a cornerstone of the digital economy which has become a new engine of global economic growth, high quality fiber optic networks have played an increasingly important role in connecting various industries and helping to build cities. smart. At the same time, the Covid- The fiber optic and cable sector is rapidly entering a new phase of growth with the transition from fixed broadband to gigabit optical networks across the world. China“Zhuang said at the conference.” In the future, with the gradual mitigation of the pandemic, the global market is on track for explosive growth of large-scale broadband projects. The sector is expected to experience a capacity shortage over the next three to five years due to a combination of industrial restructuring caused by the pandemic, the accelerated phase-out of obsolete production facilities and the strengthening of structural reform on the side of the the offer. Currently, driven by rising prices, the sector is booming. Combined with the dramatically shortened period of transition from a technological innovation to the application stage, new opportunities have opened up for fiber optic and cable manufacturers who have key technologies in place. “
“Based on a business philosophy focused on innovation, branding and quality, YOFC is on track to enter the gigabit era by driving the next stage of growth in the fiber optic industry. and cable. More importantly, the company is develop basic skills through independent innovation. To do this, it has strengthened its development and research efforts around process technology for optical fiber preforms, ultra-low attenuation G.654.E fibers, multicore fibers, FTTR solutions, products. Gigabit optical interconnection and specialty fibers while expanding the range of application of its new solutions in various industries, ”Zhuang added. “Second, YOFC is take advantage of technological innovation to develop the advantages of its brand image by strengthening its branding efforts and creating a complete family of superior quality X-Band optical fibers. Finally, the company is create excellent quality products with an emphasis on the pursuit of perfection. This is done by respecting the standards for China, Asian and European quality awards and the realization of YOFC’s continued commitment to quality, service and reputation. In addition, the company plans to continue implementing its international roadmap by continuously expanding its global marketing network and providing premium products and services to 5G and F5G customers worldwide. To capitalize on the new opportunities presented by the global optical sector, YOFC remains committed to building an all-optical neuron network based fiber to anywhere, including all-optical communications, data centers, power generation facilities, industrial applications, smart homes, rail transportation and education. “
In partnership with CRU, YOFC first organized this global conference in Asia by organizing the Asia-Pacific Fiber Optic and Cable Conference at from China Optics Valley in 2015. This was followed by the joint holding of the World Fiber and Optical Cable Conference in 2016 and 2017, before YOFC continued to participate in the event as a Jade sponsor in 2018, 2019 and 2020. Brands 2021 the seventh year that the optical communication company has been deeply involved in the World Fiber Optic and CRU Cable Conference in which it has engaged in dialogues with global giants on industry development trends, fully demonstrating CRU’s high recognition of YOFC’s leadership in the global fiber and cable space optical sector.
The YOFC was created in Wuhan, Hubei Province in May 1988. It is a technologically innovative company and a leading global supplier, specializing in the design and manufacture of optical fiber, optical fiber and optical fiber preforms, as well as the provision of integrated solutions and services to his clients. YOFC mainly produces and sells various types of optical fibers. fiber preforms, optical fibers and optical fiber cables widely used in the telecommunications industry, custom optical modules, specialized optical fibers, active optical cables, submarine cables, RF coaxial cables and accessories, etc. YOFC is also equipped with some solutions and services such as systems integration and communication engineering design. Providing a variety of different products and solutions for the global telecommunications industry and other industries such as utilities, transportation, petroleum and chemicals, and drugs. YOFC has offered its products and services to more than 70 countries and regions around the world.