On February 23, during the 2021 MWC Shanghai, Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) (Stock Code: 601869.SH, 06869.HK) held an international insights webinar. It's the first time for us to present our offerings to the worldwide customers in this special way. On the theme of "Experience 5G with YOFC", the webinar was a window on experts’ thoughts on industry trends and a great opportunity for international customers to learn how they can equip themselves with YOFC's optical fibre, optical transceiver, and solutions of rail transit and submarine communication etc. Click here to watch what was going on.
For this webinar, YOFC invited CRU expert Michael Finch to shed light on the industry. He shared 2020 had been a year of challenges, and Covid-19 had greatly impacted CRU's annual forecast on optical cable consumption. In his review of major regional markets, he focused on the consumption drive of FTTx and 5G. The epidemic changed the way we work and made working from home a common thing in 2020. As a result, the demand for stable, high-capacity broadband networks supported by optical fibres has become more important than ever. What's more, both private and public funding keep increasing, and governments around the world have raised their FTTH targets. Therefore, greater investment will go to fixed-line networks. Nevertheless, the global consumption of FTTH continued to decline from its peak in 2017. Therefore, 5G becomes the most important driver, especially the independent networking construction of 5G which requires more optical fibres, cables, and related new infrastructure. Mr. Finch believes 5G will begin to carry greater weight on global optical cable consumption from 2021.
Raadjkoemar Matai, Chief Scientist of YOFC optical fibre, introduced YOFC's new optical fibres that serve 5G networks in details. He believes that new infrastructure projects will fuel greater 5G-era data traffic, along with bearer networks' data transmission and bandwidth pressure. The backbone network transmission rate will continue to grow from 100G to 200G/400G and beyond. Deployment of fibres and cables that support 200G and 400G systems in advance provides the basis for constructing a high-speed information network. YOFC's FarBand® Ultra Low Loss and Large Effective Area G.654.E Fibres have been applied to numerous G.654.E backbone network cable line projects for China Mobile, China Telecom, and China Unicom. It also has passed the existing network 400G test. It is future-proof for the next 10 to 20 years of network development by offering the optimal fibre and cable solution to meet network bandwidth needs once commercial 5G becomes mature.
At the same time, in order to alleviate the shortage of pipeline resources in 5G development, achieve low attenuation in MAN, and resolve the spike in transmission tunnel loss and rate reduction due to frequent optical fibre tail bending during project deployment, YOFC introduced GenBandTM bend-insensitive low-loss optical fibre. Its lower attenuation factor, superior bending resistance, and smaller size allow it to not only optimize how pipeline space is utilized, but also ensure high-speed transmission and stability for long waves/signals by improving bending performance.
In addition, in light of demands in overseas markets, YOFC introduced several new top-tier products to be utilized in a variety of new scenarios, such as 5G broadband radiating type leaky cables, as well as a full range of optical transceiver and submarine cable products.
Due to the impact of the Covid-19, overseas customers were unable to visit 2021 MWC Shanghai in person. Therefore, YOFC organized the webinar for the international market in order to help customers stay on top of the latest market trends and product information. In recent years, YOFC never stopped to expand its presence in international market as internationalization is also one of YOFC's main developmental strategies. Since 2014, to answer the call of “Belt and Road Initiative”, YOFC has leveraged its overseas capacity to deepen its presence and expand the business. As of now, YOFC has over 30 overseas sales companies/offices in Indonesia, South Africa, and other locations with a complete global marketing and service network to better serve customers all over the world.
In the future, YOFC will continue to be committed to its mission of "Smart Link Better Life", and keep improving overseas marketing and service capabilities. We will put our efforts in better quality products and services to practice our principle that customers and market are in the center of everything we do.