How far is the fiber optic cable industry from shuffling?
2020-09-01 11:10
If an industry does not have a good business environment, it cannot develop rationally according to the law of the market, then one day there will be a reshuffle, as can be seen from the early development of the optical fiber and cable industry. Excess capacity, intensified competition, low prices, against the law of market development, the current optical fiber and cable industry seems to be developing in this direction.
Baptisms in history
From 1992 to 2000, China's optical fiber and cable industry developed magnificantly. Benefiting from the unimaginable speed of information service and communication technology development, as well as the traction effect of market demand, optical fiber and cable enterprises mushroomed, competing to emerge. Driven by the good industrial situation and rich profits, a large number of cable manufacturers rushed forward and backward to purchase optical cable production equipment and quickly put into optical cable production. So in Jiangsu, Zhejiang, Hubei, Guangdong, Sichuan, Shandong and other places there have been a large number of optical cable enterprises, and these areas have become an important gathering area of optical fiber cable enterprises.
More than 200! This is the dazzling number of optical cable manufacturers in China at the end of 2000, the number of optical cable manufacturers in China has reached its peak. However, at that time, the communication industry was in the age of 1G and 2G, and the development of the communication industry had already appeared bubble. As we all know, WorldCom had gone through the ups and downs of the American telecommunications industry for half a century: it had pushed the antitrust legislation process in the United States, which led to the breakup of AT&T; Its acquisition of MCI, and the accounting scandal that followed, reflected the turmoil in the telecoms industry during the dotcom bubble of the late 1990s.
In 2001, the dotcom "bubble" burst to give China light