Hengtong, OFS Announce New Joint Venture to Manufacture Optical Fiber Preforms

OFS and the Hengtong Optic-Electric have announced to establish a new joint venture (JV) organization in China to manufacture and distribute optical fiber preforms. The new company will be named as Jiangsu OFS Hengtong Optical Technology. The joint venture is the realization of a commercial teamwork between the two companies over the past three years.

Under the agreement, OFS will bring the Vapor Axial Deposition (VAD) optical preform technology and its industry expertise to the greenfield operation, while Hengtong will bring its optical fiber and cable production knowledge to the Chinese market. Through the joint venture, both the companies have planned to manufacture preforms and conduct research and development projects. Terms of the agreement were not revealed. The collaboration is subject to necessary regulatory approvals and regular closing requirements.

Hengtong’ President, Gao An Min, stated that the perform technology presents a significant value in the fiber optics sector, and both the companies consider this collaboration as a major step towards serving their clients in a better way.    

OFS’ CEO and Chairman, Dr. Timothy F. Murray, said that China presents a major market for the company, and the government’s long-term plan comprises 3G and FTTx rollouts, including the supporting optical network for advanced telecommunications infrastructure. He added that the collaboration marks a major investment in China.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    OFS. (2019, March 01). Hengtong, OFS Announce New Joint Venture to Manufacture Optical Fiber Preforms. AZoOptics. Retrieved on October 31, 2024 from https://www.azooptics.com/News.aspx?newsID=9933.

  • MLA

    OFS. "Hengtong, OFS Announce New Joint Venture to Manufacture Optical Fiber Preforms". AZoOptics. 31 October 2024. <https://www.azooptics.com/News.aspx?newsID=9933>.

  • Chicago

    OFS. "Hengtong, OFS Announce New Joint Venture to Manufacture Optical Fiber Preforms". AZoOptics. https://www.azooptics.com/News.aspx?newsID=9933. (accessed October 31, 2024).

  • Harvard

    OFS. 2019. Hengtong, OFS Announce New Joint Venture to Manufacture Optical Fiber Preforms. AZoOptics, viewed 31 October 2024, https://www.azooptics.com/News.aspx?newsID=9933.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.