Fujikura Plans Major Investment to Boost Fiber Optic Cable Production

Japanese fiber optic cable manufacturer Fujikura has announced plans to invest up to 300 billion yen, approximately 1.9 billion dollars, in Japan and the United States. According to ChainCatcher, this investment aims to triple the current production capacity of fiber optic cables to meet the growing demand driven by the construction of AI data centers. This move is part of a broader initiative by Japanese materials companies to respond to the Japan-U.S. economic cooperation agreement and accelerate their presence in the U.S. market. Several Japanese firms are also actively pursuing investments related to AI infrastructure, including JX Advanced Materials expanding AI material production and efforts to establish a domestic AI chip ecosystem in Japan.