YOFC participates in the World Optical Fiber & Cable Conference 2022


Leverage “BRIGHTS” to seize new growth opportunities in the digital economy

Wuhan, China, November 14, 2022 /PRNewswire/ — Yangtze Optical Fiber and Cable Joint Stock Company (YOFC), a world leader in optical communications as a partner and main sponsor of the World Conference on Optical Fiber and Cable for many years, has participated in the 2022 edition of the global event organized in Milano on November 7-9, 2022. At the invitation of the organizer, YOFC Executive Director and President Zhuang Dan attended the panel discussion held at the event on November 8during which he discussed the current state of the fiber and cable industry with other executives from several cabling giants, including Europe Prysmian Group and the American company Corning Incorporated. Additionally, YOFC Senior Vice President John Bongaerts gave a keynote address entitled “Leverage “BRIGHTS” to Capture New Growth Opportunities of Digital Economy”.

Given the ongoing digital transformation across all industries, everywhere, and further accelerated by the impact of the Covid-19 pandemic, the digital economy is part of what makes the world spin much faster. provided that. Remote work, online teaching and medical diagonosis are becoming the new normal. Therefore, reliable and high-speed broadband access has become one of the necessities of daily life. Moving from connected people to connected objects, from big data to artificial intelligence and from consumption to smart manufacturing, digitalization is emerging as a key driver of economic development and social transformation in major countries around the world, prompting governments build their digital capabilities. growth by continually strengthening the information infrastructure.

China witnessed the increased adoption of gigabit broadband, accelerated 5G penetration and launched the Eastern Data and Western Computing project which aims to boost data centers in economically poorer but energy-rich western regions this year. At the same time, many countries have also accelerated the construction of 5G and FTTx infrastructure with greatly increased investment, which has led to a growing demand for fiber and optical cables. According to CRU, a leading UK provider of commodity market analysis and advice, global demand for fiber and optical cables is expected to maintain an upward trend from 2022 to 2027. Zhuang also pointed out that Chinawhich now accounts for more than 50% of this global demand, is expected to see steady growth in the segment over the next few years.

Driven by the global digital transformation, the fiber optic and cable sector is entering a new phase of growth. With enormous potential, YOFC’s G.654.E fiber, the preferred choice for ultra-high-speed transmission technology, has been successfully applied in several main cable lines of China three major carriers and in State Grid Corporation of China ultra-high voltage transmission project, with a total deployed core length exceeding 1 million fkm. China the global demand for next-generation G.654.E fiber is expected to reach 10 million fkm (core length) by 2025. Large-scale global applications are expected as some operators around the world have started considering deploying the fiber in the trunk lines.

To capitalize on the unprecedented opportunities brought by digital transformation across the industry, YOFC launched the all-optical “BRIGHTS” series of high-performance fiber optic and cable products and solutions offering high bandwidth, reliability, intelligence , green, high quality, time saving and safety.

High Bandwidth

In light of the growing network complexity, massive increase in the amount of data to be transmitted and increased pressure on bandwidth as we move into the digital economy, YOFC has deployed a number of fiber state-of-the-art optics. , including next-generation G.654.E trunk line optical fiber, high-bandwidth multimode fiber, as well as multi-core and hollow fiber, strengthening the backbone of the optical network.

Reliability

With a comprehensive portfolio of optical fibers and cables that can be used in access and backbone networks and meet the optical transmission needs of various application scenarios from land to ocean, YOFC has addressed the market segments growing while ensuring the stable operation of all-optical networks.

Smart

YOFC has also developed a number of smart solutions that can improve the overall quality of all-optical connections by enabling rapid fault detection and location, real-time monitoring of optical path performance, and quality prediction. Solutions include automated optical cable monitoring system, distributed temperature sensing system, and more.

Green

YOFC’s G.654.E fiber can reduce power consumption by 20% in optical relay stations and 50% in electrical relay stations in long-distance trunk transmission. By integrating ultra-high density optical distribution frames, pre-terminated optical cables and optical modules, the company’s data center solution improves cabling space density and reduces clogging of hot runners and while allowing scalable bandwidth, helping to reduce power consumption.

High quality

Based on its philosophy of striving for perfection, YOFC is committed to developing various proven optical fiber and cable products by using superior raw materials and optimizing the manufacturing process. With customers in over 90 countries and regions around the world, the company is widely recognized in the industry for its high-quality solutions.

Time saving

To improve the performance when deploying all-optical networks, YOFC, depending on the application and laying environments, has designed and developed several new optical fiber and cable solutions that flexibly and efficiently meet the needs of all-optical networks. optics in various scenarios, including all dry, micro-cluster, air-blown, and ultra-high fiber (UHFC) cables.

Security

In an environment characterized by high-speed data transmissions and open resource sharing, YOFC continued to explore the potential of optical communication technologies while providing multi-level security for the seamless operation of large facilities, including power grids, oil and gas pipelines, and electrical equipment using fiber optic sensing products with wide coverage, high sensitivity, and high accuracy.

During the conference, Mr. Zhuang also joined the executives of Prysmian Group and Corning for an in-depth discussion on the current situation and trends, as well as opportunities and challenges in the global fiber optic and wireless industry. cable. Zhuang said that despite the sector’s positive fundamentals, uncertainties and challenges remain, including political tensions in some regions, tight supply of raw materials, insufficient transportation capacity and high freight costs. Therefore, industry players should strengthen their cooperation to ensure the sustainable development of the industry.

YOFC is committed to extending fiber optic connectivity to all corners of the world and laying a solid foundation for the development of the digital economy. With this mission in mind, the Company, based on independent innovation, plans to continue to iterate and develop new products and solutions that drive industry growth, while further enhancing its international go-to-market network by working with its partners to jointly exploit the opportunities presented by the ever-changing digital world.

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SOURCEYOFC

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