echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > International Chemical > Consolidating its position in the submarine cable market Japan seeks overseas expansion

    Consolidating its position in the submarine cable market Japan seeks overseas expansion

    • Last Update: 2023-01-02
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    In response to China's rapid rise in the submarine cable market, Japan intends to provide assistance
    to companies exporting submarine cables.

    Although Japanese, American and European companies dominate the market in almost these core components of the communications infrastructure, with the rising Chinese market, the "three-point world situation is beginning to waver"
    .

    Led by the Ministry of the Interior and Communications, the Japanese government plans to develop an "overseas expansion action plan" as early as this spring, covering areas such as
    telecommunications infrastructure exports.
    The plan will include specific policies
    to support submarine cable exports.

    At present, the core of the new policy may be the establishment of a system that enables private companies such as NEC, NTT Telecommunications and KDDI to obtain investment and financing from public and private funds for overseas development
    of Japan's ICT and Postal Service (JICT).

    In addition, these policies will utilize the form of compensation provided by the Japan Export and Investment Insurance Corporation, which is fully funded by the Japanese government, to ensure that Japanese companies are not reluctant to export and other similar troubles
    due to concerns about non-payment from partner countries or other countries.

    99% of the world's communications and data are transmitted over submarine
    cables.
    Currently, there are about 400 submarine cables in the world, with an estimated total length of more than 1.
    2 million kilometers, or enough to circle the earth 30 times
    .

    The submarine cable network was mainly created by three telecom equipment manufacturers: NEC in Japan, SubCom LLC in the United States and Alcatel Submarine Network
    in France.

    Please indicate the source for reprinting)

    In response to China's rapid rise in the submarine cable market, Japan intends to provide assistance
    to companies exporting submarine cables.

    Submarine cables

    Although Japanese, American and European companies dominate the market in almost these core components of the communications infrastructure, with the rising Chinese market, the "three-point world situation is beginning to waver"
    .

    Led by the Ministry of the Interior and Communications, the Japanese government plans to develop an "overseas expansion action plan" as early as this spring, covering areas such as
    telecommunications infrastructure exports.
    The plan will include specific policies
    to support submarine cable exports.

    At present, the core of the new policy may be the establishment of a system that enables private companies such as NEC, NTT Telecommunications and KDDI to obtain investment and financing from public and private funds for overseas development
    of Japan's ICT and Postal Service (JICT).

    In addition, these policies will utilize the form of compensation provided by the Japan Export and Investment Insurance Corporation, which is fully funded by the Japanese government, to ensure that Japanese companies are not reluctant to export and other similar troubles
    due to concerns about non-payment from partner countries or other countries.

    99% of the world's communications and data are transmitted over submarine
    cables.
    Currently, there are about 400 submarine cables in the world, with an estimated total length of more than 1.
    2 million kilometers, or enough to circle the earth 30 times
    .

    The submarine cable network was mainly created by three telecom equipment manufacturers: NEC in Japan, SubCom LLC in the United States and Alcatel Submarine Network
    in France.

    Please indicate the source for reprinting)

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.