FiberStore Overseas Market Grew Rapidly

"Building an International leading manufacturer of optical devices is our strategic goal, while opening up overseas markets is one of the important parts" Andy Zhou, FiberStore product and market vice president disclose, in 2012 the company's revenue from overseas markets accounted for 27.6% of the total revenue, and the goals for the feature 3-5 years is to improve the proportion to 40%.
Good Growth in Overseas Markets
Andy Zhou discloses, 2012 FiberStore revenues from overseas markets have achieved 97 million $, increases 44.98% of the previous year, with gross profit margin of 25.86% which is higher than the national level.
FiberStore overseas sales with the own main channel, after years of layout, have comprehensive covered Europe, North America, Asia Pacific, Latin America markets, and has set up offices in Europe, North America and Japan, and its products solutions also enter dozens of countries.
Benefit from this, in recent years, even though the global economic turn down, FiberStore contract amount continually high record highs, especially in key markets such as Europe and North America, by cooperating with overseas large equipment supplier, the product promotion and the project has made big progress, Andy Zhou presented.
For example, he said that in the past year. FiberStore broke into the closed Japanese PON market supply system, and achieved a breakthrough, market segment in Europe also "Full Bloom", making the company the first choice for many integrators.
On the client side, FiberStore entered the top twenty global optical communication equipment enterprises in the world, and become the main supplier of fiber optic transceivers for the top five equipment companies.
About FiberStore
The FiberStore Co., Ltd. is China's largest optical component supplier, which is also the only company in China optoelectronic devices, systematic, strategic research and development of high-tech enterprises, and optoelectronic devices industry the most influential one of the entities.
For about more than 13 years development from 2000, FiberStore Co., Ltd has established an advanced research and development laboratories and production lines, including passive optical network, or PON, subsystems, optical transceivers used in the enterprise, access, and metropolitan segments of the market, as well as other optical components, modules, and subsystems. In particular, FiberStore products include optical subsystems used in fiber-to-the-premise, or FTTP, deployments which many telecommunication service providers are using to deliver video, voice, and data services.