Hitachi Cable and Corning Cable Systems (CCS) announced on Friday they transferred and integrated their businesses into Advanced Cable Systems (ACS) on April 1 to develop, design and sell optical cables and optical cable connecting units for Japanese customers. ACS is their fifty-fifty joint venture to manufacture optical cables.ACS succeeded the development, design and sales business of overland optical cable, optical code with connectors, closure, control panel, optical splitter, mechanical splice and optical connector attached easily at optical construction sites. Hitachi Cable and CCS each continue to hold their optical fiber production and sales businesses and to supply optical fiber to ACS as before.ACS’s annual sales would increase to 15 billion yen with the new businesses in fiscal 2006 ending March 2007 from 4.8 billion yen in fiscal 2004. ACS has about 220 employees on April 1, 2006, increasing from 136 employees on March 31, 2005. Masafumi Omoto, vice president and general manager of Corning International, inducted into president and CEO of ACS in February 2006.
Japan Steel Scrap Composite Prices (Sangyo Press)09/28/2023
|50400YEN (-)||52000YEN (-)|
|334.55US$ (-1.27)||345.17US$ (-1.31)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)