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Transformation and Upgrade of the Optical Fiber Industry in China: Taking YOFC as an Example

Transformation and Upgrade of the Optical Fiber Industry in China: Taking YOFC as an Example
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Author(s): Ma Huimin (Huazhong University of Science and Technology, China), Xin Dai (Huazhong University of Science and Technology, China), Changqin Yin (Huazhong University of Science and Technology, China), Ke Wang (Huazhong University of Science and Technology, China), Han Huang (Huazhong University of Science and Technology, China), Lu Xu (Rennes School of Business, France), Jie Xiong (Rennes School of Business, France), Jinlong Zhang (Huazhong University of Science and Technology, China)and Yeming Gong (EMLYON Business School, France)
Copyright: 2018
Pages: 17
Source title: Analyzing the Impacts of Industry 4.0 in Modern Business Environments
Source Author(s)/Editor(s): Richard Brunet-Thornton (University of Economics, Czech Republic)and Felipe Martinez (University of Economics, Czech Republic)
DOI: 10.4018/978-1-5225-3468-6.ch002

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Abstract

This chapter describes the development stage of China's optical fiber manufacturing industry, and then analyses the Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) development stage. According to YOFC case, the authors show that continuous learning and absorption, proprietary R&D and product innovation, good use of every opportunity and favorable development policy, talent reserve and intelligence support, active transformation by sizing up the situation, independent operation, and elimination of monopolization are the implications of transformation and upgrade of the optical fiber industry.

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