The optical fiber and cable industry gathers: "on the sword" West Lake to discuss 5G

On November 6, the 2018 World Optical Fiber and Cable Conference was held in Hangzhou, and the China Optical Fiber and Cable Leaders Forum
was held on the same day.
The forum was attended by the leaders of the "five giants" of Futong, Changfei, Beacon, Hengtong and Zhongtian, and presided over
by Wang Baoping, editor-in-chief of People's Posts and Telecommunications News.

In the forum and roundtable discussion session, the leaders of the "Big Five": Xiao Wei, President of Futong Group, Zhuang Dan, Executive Director and President of Changfei Optical Fiber and Cable Co.
, Ltd.
, Ge Jun, President of FiberHome Communication Technology Co.
, Ltd.
, Qian Jianlin, Executive President of Hengtong Group, and Xue Chi, President of Zhongtian Technology Group, discussed and shared
their concerns about "overcapacity" in the current market, and how optical fiber and cable companies face challenges and opportunities when the 5G era comes.

From left to right: Wang Baoping, editor-in-chief of People's Posts and Telecommunications, Xiao Wei, president of Futong Group, Zhuang Dan, president of Changfei Company, Ge Jun, president of Fiberhome Communications, Qian Jianlin, executive president of Hengtong Group, and Xue Chi, president of Zhongtian Technology

Since the second half of this year, with the emergence of signs of slowing down operators' demand for optical fiber and cable, the industry and the market have once again raised concerns about overcapacity of optical fiber and cable, and the "Big Five" have expressed their different views
on this.

Xiao Wei, president of Futong Group, said that since 2005, there have been concerns about optical fiber overcapacity in the market, but these concerns have later proved to be "unfounded", and each worry eventually evolved into a shortage of optical fiber production capacity
.
For optical fiber and cable companies, market information is changing rapidly, find their own strategic positioning, and predict the future market according to their own conditions, so as to be invincible
.
At the same time, the 5G era will definitely bring huge business opportunities, enterprises should look at the production capacity problem dialectically, find the correct positioning, the future market is very broad
.

Zhuang Dan, president of Changfei Company, said that the current market has indeed undergone some changes, and many companies have expanded production
.
But in fact, effective expansion is actually limited, and for each fiber and cable company, basically each company will adjust its own expansion pace according to market demand, so as to achieve a balance
between supply and demand.

Ge Jun, president of FiberHome Communications, believes that at present, there are indeed hidden worries in the market, on the one hand, the market growth rate has not reached expectations, and on the other hand, there is market adjustment
.
However, this is mainly due to the concentrated release of optical fiber and cable capacity accumulated in the past few years
.
However, the optical cable industry, which experienced the bubble of 2000, has a very strong adaptive ability and will work together to promote the development of
the industry.

Qian Jianlin, CEO of Hengtong Group, also said that the current optical fiber and cable industry is in a short period of adjustment, with the expansion of various optical fiber and cable manufacturers has come to an end, and the accumulated production capacity in the past has been released
.
The medium and long-term development of the industry is still optimistic, especially the development potential
brought by 5G commercialization.
Moreover, the optical fiber and cable industry is currently facing a new situation, production capacity will no longer be the only competitiveness indicator, product cost competitiveness, technical competitiveness is particularly important
.

Xue Chi, president of Zhongtian Technology Group, also stressed that the optical fiber and cable industry is "stable and changing, long-term optimistic", the industry has its development laws, the market is always ups and downs, enterprises need to adapt to the market in changes, adjust strategies according to the actual situation, and maintain a rational attitude
in the face of industry fluctuations.

For the upcoming 5G era, the "Big Five" are very optimistic that it will bring great opportunities to the optical fiber and cable industry, and in the face of this upcoming opportunity, how should optical fiber and cable companies grasp it? The "Big Five" started from the operation of their own enterprises and gave their own "tricks"
.

Xiao Wei, president of Futong Group, said that at present, the competition in the optical fiber and cable industry is a competition of comprehensive strength, not only the competition of products and services, but also the competition of intelligence and linkage.

In this regard, the business philosophy of Futong Group is "facing the new era, we must use an optical fiber to turn dreams into reality, use intelligent manufacturing to create new formats, and enhance the competitiveness of enterprises with innovation and upgrading
.
" ”

Zhuang Dan, president of Changfei, believes that network upgrades and applications drive continuous innovation
in the optical fiber industry.
At present, Changfei is promoting innovation in three aspects: first, technology and product innovation, and constantly developing new products to meet customer needs; Second, business innovation, moving towards an integrated solution provider; The third is management innovation, Changfei vigorously promotes excellent management model, and has repeatedly won quality awards
.

Ge Jun, president of Fiberhome, emphasized Fiberhome's technical investment
in chips, optical fiber preforms and other fields.
He introduced that the first thing for Fiberhome is to insist on going out; The second is to increase investment in research and development; The third is to practice hard and improve the ability to
create value for customers.

Qian Jianlin, CEO of Hengtong Group, summarized Hengtong's business strategy with "R&D leadership, global development"
.
R&D leadership, that is, increasing investment in technology and increasing the recruitment of high-quality employees, recruiting 948 college students this year alone; Global development is to build overseas bases around the world, in 2018, Hengtong built 5 overseas bases around the world, and some factories are still under construction
.

Xue Chi, president of Zhongtian Technology Group, also revealed that around the upcoming 5G era, Zhongtian Technology will do innovation and future strategic planning around customers, and develop new products adapted to 5G and data centers; The second is refined management to create a new image of quality; The third is to reduce costs, provide customers with cost-effective products, and enhance the competitiveness
of enterprises.

Finally, Zhuang Dan, president of Changfei Company, spoke on behalf of the five major manufacturers, "Do a good job in smart connection and build a better life
together.
" "This is the common mission
of optical fiber and cable manufacturers.