Picture of Fujikura logo

5803 Fujikura News Story

0.000.00%
jp flag iconLast trade - 00:00
IndustrialsHighly SpeculativeLarge CapHigh Flyer

To Increase Optical Fiber Production Capacity In Japan And U.S., Investing Maximum 300 Billion Yen

March 13 (Reuters) - Fujikura Ltd 5803.T:

FUJIKURA LTD - TO PROCEED WITH CAPITAL INVESTMENT AIMED AT EXPANDING PRODUCTION CAPACITY FOR THE OPTICAL FIBER AND OPTICAL FIBER CABLE

FUJIKURA LTD - TO INCREASE PRODUCTION CAPACITY TO UP TO APPROXIMATELY THREE TIMES THE CURRENT LEVEL AT EACH OF ITS MANUFACTURING LOCATION, IN JAPAN AND THE U.S., BY SEQUENTIALLY INVESTING A TOTAL OF MAXIMUM 300 BILLION YEN WHILE CLOSELY MONITORING MARKET TRENDS

FUJIKURA LTD - THIS INVESTMENT IS INTENDED TO FURTHER ADDRESS THE GROWING DEMAND FOR OPTICAL FIBER CABLES IN AI DATA CENTER MARKET WHILE ALSO EXPANDING PRODUCTION FOR CONTRIBUTING TO THE ENHANCEMENT OF AI INFRASTRUCTURE IN THE U.S.

FUJIKURA LTD - NO CHANGE TO CONSOLIDATED EARNINGS FORECAST FOR FISCAL YEAR ENDING MARCH 2026

Source text: ID:nTSom8ddfa

Further company coverage: 5803.T

Recent news on Fujikura

See all news