LONDON, Jan. 17, 2019
LONDON, Jan. 17, 2019 /PRNewswire/ --
In the first edition of this annual Insight, CRU takes a step back and reviews the key changes and developments in the optical fibre and cable industry in 2018, highlighting the lows and highs, alongside key moments and advances in technology. Furthermore, we shine a spotlight on the key market moving topics and upcoming research areas CRU's Wire and Cable Team will be focussing on in 2019.
Global growth stifled by China in 2018
2018 was a rocky year for the optical fibre and cable industry, one marked with numerous highs; such as surpassing the one billion level for fixed broadband subscribers, but also a year of lows; namely the first time in 16 years the Chinese market has contracted. Indeed, this downturn in China acted as a drag on global optical cable demand, which following a four-year period of double digit growth, slummed to just 4% y/y in 2018. Let's take a look at some of the driving forces behind this slump and other key moments in the industry last year.
Selected highlights from the 2018 optical fibre and cable industry
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