According to a report released by market research firm CRU, global fiber optic cable shipments will exceed 300 million core kilometers, and the demand for optical cables will exceed 285 million core kilometers. This will lead to a serious overcapacity, which will also bring about an irrational market phenomenon of low-price competition and selling inferior products as good ones. The number of companies suffering losses in the domestic optical fiber market is far more than this. The vicious competition and low prices among domestic optical fiber and cable companies have caused a decline in product quality, leaving most companies with no profit margins, which has directly led to chaos in the domestic optical fiber and cable market. my country's optical fiber sales volume is larger than that of the United States. The optical fiber technology level is ranked first in the United States, second in Japan, and third in China. my country's optical fiber status quo is leading the world in both annual sales and technology level. However, as the domestic optical fiber market demand decreases and the optical fiber and cable production capacity further expands, overcapacity is an indisputable fact. Domestic optical fiber and cable companies are facing severe survival challenges. The biggest problem facing China is the overcapacity of optical fiber, including Wuhan, Shanghai, Suzhou and other places with developed optical fiber markets. Currently, the optical fiber market in China is developing rapidly and cheap, and some optical fibers are even sold at a price of a few cents per meter, which is really surprising. A noodle and an optical fiber are of the same length, but the optical fiber is actually cheaper than the noodle. |
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