Development of new trends in the international wire and cable industry

In recent years, the rapid development of China's wire and cable industry, wire and cable production value has exceeded the United States as the world's first. Development of the country's wire and cable industry on a global scale have a pivotal position. Cable industry cluster development is one of its specialties. In the recent period, one of China's wire and cable industry collectively acquired Yixing frequently heard the good news, the main trend is extending upstream and downstream industries.

 

Intelligent Energy (600 869) Following the acquisition of Ai to power, Mizuki source of China after Beijing and other companies, has acquired the world's third largest lithium-ion battery business - Jiangxi Foster (603,806) New Energy Group, the new layout of the new energy battery business and other fields; Super Cable has acquired distance cable, cable and other seven companies Pearl, rich product mix, gradually increase the market competitiveness of enterprises; remote cable (002692) has acquired Wuxi Yude cable, Yangdong Electric, with the business advantages of Yude involved in the production of low-oxygen copper rod, will expand the scope of business to the upstream industry chain, relying Yangdong Electric, pioneering the field of the transformer, to achieve extension and expansion, the main business strength and market competitiveness enhancement; Jiangnan cable rubber cable used in the coal mine Cable's revenue, a year later, business orders increased significantly, while the nearest drawn, the EHV cable olive branch thrown Qaeda cable, with a cooperation agreement realized immediately after production, delivery period for six months in advance.

 

Japan: power cables in the field opened the prelude to the second restructuring

 

Japan, the world's leading technology wire and cable industry. Trends in the country's cable industry has been well received. The second in 2001 - 2002 the Japanese domestic electricity market will shrink, the power cable in the field for the first time after the reorganization, recently, Japan has opened the field of power cables second recombination off. The strategic reorganization is mainly carried out in response to globalization, to broaden the overseas market share. Business restructuring mainly concentrated in large wire and cable companies, mainly in the following points.

 

Sumitomo Electric will be a wholly owned subsidiary J-power systems, the formation of "Sumitomo Electric & JPS group." Furukawa integration Viscas overseas underground power lines, undersea transmission line business (marketing, production commissioned Viscas). Fujikura Group which Viscas overseas aerial cable business, the formation of "Fujikura & Viscas group." Showa cable CS merger Exsim, the formation of "Showa Cable & Exsim Group" established four corporate groups and Viscas a company's system. In this case, Viscas will continue doing business in terms of power companies in Japan, in addition, Furukawa Electric and Fujikura undertake overseas contract manufacturing business.

 

In summary, the recent period of the wire and cable industry, China to acquire the main upstream and downstream industry chain extension is committed to the construction and improvement of the entire system; Japan mainly to business restructuring, improve the competitiveness of dealing with globalization development. Both countries are to contribute to the global wire and cable industry and the development of the Asian region.