Fujikura announced on Thursday the firm establishes optical cable manufacturing joint venture in Nanjing, China. Fujikura concluded joint venture contract with Chinese major optical fiber and cable maker, FiberHome Telecommunication Technologies on Wednesday. Fujikura controls 80% of the JV, Nanjing Fujikura Fiberhome Optical Cable with US$ 6.8 million capital. The joint venture starts the operation in December for the shipping to users in China and overseas.
Fujikura and FiberHome have other 3 JVs, Optical fiber and cable manufacturing company, FiberHome Fujikura Optic Technology and fiber producing Nanjing Fiberhome Fujikura Optical Communication. FiberHome Telecommunication Technologies has a majority in these 2 firms’ capital while Fujikura controls 60% of optical fiber material making joint venture, Fujikura FiberHome Opto-Electronic Material Technology, which is scheduled to start the operation this autumn Fujikura has a majority in Nanjing Fujikura Fiberhome Optical Cable and aims to increase the export. The new JV purchases optical fiber from other JVs between Fujikura and FiberHome when the JV produces only optical cable.M | T | W | T | F | S | S |
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