Chinese Optical Component and Module Suppliers are set to dominate the global market in 2020

摘要

LightCounting releases an updated report on the Market for Optics in China The last 20 years of the optical component and module industry offer a case study of how globalization can radically change a market in just a decade or two. It started in 2001 when China became a member of the World Trade Organization and western suppliers started to relocate manufacturing of optical components to China. Demand for optics used in communications dropped sharply in 2001-2003 after the telecom bubble burst. Too many suppliers were left fighting for whatever was left of the market and prices plunged. Moving production to China was the best option for suppliers to reduce cost and stay afloat.