TOKYO, Mar 13 (Pulse News Wire) – Fujikura Ltd. (5803.T) announced today that its board approved plans to enhance production capabilities for fiber optics and SWR/WTC cables through significant capital investment.
The move follows a framework agreement signed with the US Department of Commerce based on a strategic investment memorandum between the governments of Japan and the United States. The agreement designates Fujikura as a supplier for strengthening America's AI infrastructure. The company intends to invest up to $1.4 billion sequentially in Japan and the US, aiming to triple existing production capacities. This expansion will address growing demand for fiber optic cables in advanced AI applications and support ongoing efforts to bolster US AI infrastructure.
Construction of a new factory in Chiba Prefecture, currently underway, forms part of this initiative. There will be no changes to the fiscal year 2026 consolidated performance forecast due to this investment plan. Fujikura will promptly disclose further details of specific investments as necessary. "Fiber optics and our proprietary technologies such as Spider Web Ribbon and Wrapping Tube Cable play a crucial role in supporting high-density optical wiring," said Naoki Okada, President and CEO of Fujikura.
"This investment underscores our commitment to meeting global demands while contributing to technological advancements in AI infrastructure." The project builds upon earlier announcements regarding fixed asset acquisitions for next-generation fiber optic factory construction.
🟢 Confidence: High AI-translated content.