5G networks key to global fibre and cable growth

Market news |
By Wisse Hettinga

At the conference Chinese companies shared their optimism about future industrial developments and stated that 5G will provide an important boost to optical cable demand in the medium term.

For the last three years, this conference has been organized by CRU in collaboration with YOFC, which has served as host and helped with program development, on-site logistics, and other support. This year’s event also was hosted by the Wuhan East Lake Development Zone, also known as the ‘Optics Valley’ of China.

China accounts for 57% of the world’s optical consumption; it also accounts for 57% of the world’s FTTx subscribers.

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