|Foreign cable companies attach great importance to the research and development of cable industry, especially those in Europe and the United States, which maintain a strong advantage in product technology.
From the industrial point of view, in terms of R & D investment, power cable business is lower than telecom cable business.
The R & D investment of enterprises producing communication cables and optical cables is mainly concentrated in new materials, manufacturing technology and other links. The specific investment ratio has an important relationship with the company's technology strategy and manufacturing strategy. Moreover, a certain amount of R & D investment and product innovation have become the key elements to maintain victory in the fierce market competition.
The world's largest cable manufacturer has sold more than 6 billion euros.
From the current international well-known cable companies, basically every cable enterprise is around a certain industry, establish a more complete product series.
American cable manufacturers mainly focus on the communication industry and electronic equipment industry to establish a more complete product series.
For example, nexen ranked first in the world in terms of submarine power cables and winding wires, second in LAN cables and power cables, and No.1 in Europe in terms of communication copper cables, data transmission cables, equipment cables and bare wires.
Although Nike ranks second in the world, its market share is only 7%.
It can be seen that the global cable industry is still in a state of considerable dispersion, and the future industry integration is inevitable.