Today,
whether a business owner is considering, installing a new fiber optic network
or repairing an existing system, fiber optic connectors are a must. Furthermore,
the rapidly growing demand for high bandwidth, among end-users has been majorly
responsible for the expansion of the fiber optic connector sector. Surprisingly,
over the past four to five years the fiber optic connector segment has widened
the investment pockets with more companies rolling out funds, collaborating and
considering mergers and acquisitions. Likewise, the major surprise came in June
2015 with “Furukuwa Electric,” making known its intention to start a new fiber-
optic cable manufacturing unit in Morocco. Initially the aforementioned company
would aim at supplying fiber optic cables to several telecom giants in
countries including Europe and Africa reveals an article on “Morocco World News “. The same source explained that
the company also has plans to manufacture connectors in the near future.
According to another report “Optical Fiber
Corporation” popular for manufacturing fiber optic, copper cabling and copper
connectors among others has finally cleared all doubts over its share
repurchase intent. Commenting on the plan, The President and CEO on July 14,
2015, Neil Wilkin at Optical Cable Corporation said "The repurchase plan
announced today underscores the Board of Directors' continuing confidence and
belief in OCC's long-term prospects.
OCC's strong balance sheet and cash flow from operating activities give
us the flexibility to invest in our business and institute this repurchase
plan." In addition, to the growing investment pocket joint ventures too
are encouraging structured partnership in the fiber optic connector segment. On
similar grounds, “Valdor Technology International Inc.” entered into a joint
venture with “Inteligencia e Infraestructura En America S.A.” to become a
prominent market player in Mexico in August 2014 .
Moreover,
Valdor and Inteligencia has agreed upon offering 50 percent of the total
investment and share the gains equally. The joint venture would initially start
supplying and aim at manufacturing a wide range of integrated optical items,
optical connectors and patch panels among several others. Eyeing the future
prospects of the optical fiber connector market in coming four to five years
Allied Market Research has published a report titled “World Fiber Optic
Connectors - Market Opportunities and Forecasts, 2014 – 2020.” According to the
report the fiber optic connector segment worldwide would rapidly grow across
regions such as LAMEA, North America, Asia –Pacific and Europe.
