Fiber series seventh week news Abstract 6
Week News Abstract For Fiber Series in 10GTEK
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Leoni assumes full control of j-fiber
German fiber and cable maker Leoni reveals it purchased all the shares of fiber maker j-fiber GmbH at the end of last year. Leoni had acquired 51 percent of j-fiber, located in Jena, in 2007.Terms of the deal were not disclosed.j-fiber will operate as part of Leoni’s Business Unit Fiber Optics. In addition to glass fiber, j-fiber also manufacture preforms and quartz glass materials for telecommunication and data communication applications and special industrial uses. The new assets will complement the Business Unit Fiber Optics’ activities as a supplier of special optical fibers for industrial applications, sensor technology and analytics, science, telecommunication, and laser medicine.“The product and service portfolios of the two enterprises perfectly complement each other. Together we will further pursue our strategy to provide sustainable solutions to our customer’s problems using innovative technologies,” says Andreas Weinert, vice president of the BU Fiber Optics.
Oclaro weathers Thailand flooding in fiscal second quarter
As it had previously announced (see "Oclaro to beat guidance as it beats Thailand flooding"), Oclaro, Inc. (NASDAQ: OCLR) reported January 26 that it earned $86.5 million in revenue for its second fiscal quarter, $1 million more than the top end of its guidance. Company management credited its efforts to at least partially overcome flooding at their contract manufacturer’s facilities in Thailand as the reason it exceeded expectations for the quarter, which ended December 31, 2011.Nevertheless, the revenue total represented a decline of almost $20 million from the previous quarter. Management pointed to the flood’s effects as the primary reason for the decline.Gross margin also took a hit in the quarter. GAAP gross margin dropped 10% sequentially from the first quarter of fiscal 2012, to 13%. Meanwhile, GAAP operating loss was $33.6 million for the quarter versus a GAAP operating loss of $10.2 million in the previous fiscal quarter.That loss included a $9.1 million write off for equipment and inventory lost in the flood. CFO Jerry Turin told analysts on an earnings call January 26 that the company expects to receive an initial insurance reimbursement of $6.2 million in the near term. Payoffs from other insurance policies are expected in the future as well.Meanwhile, Oclaro Chairman and CEO Alain Couder indicated that the company is making rapid progress in returning its Thailand production capacity to normal at Fabrinet's Pinehurst facility. Three of the five affected product lines – high-power lasers, tunable dispersion compensators, and amplifiers – should be at pre-flood production levels by the end of March, he said. Meanwhile, the other two – lithium niobate external modulators and wavelength selective switches – should be back to normal by June. Commercial shipments of some sort for all but the wavelength selective switches have already resumed. The switches should resume initial deliveries in April, Couder indicated.Not surprisingly given the impacts of the Thailand flooding, revenues from telecom components and amplification, dispersion compensators, and switching dipped sequentially during the quarter. Telecom components shrank $2.5 million, to $22.3 million, while the amplification/dispersion compensator/switching segment dropped nearly 50%, to $20.6 million. However, sales of transmission modules grew by more than $7 million, to reach $31.4 million. Tunable XFPs and 40-Gbps coherent modules led the way, according to Turin.Looking forward, progress in getting the flood-ravaged product lines back in gear is expected to have a positive impact on third quarter sales. Oclaro forecasts revenues for the quarter, which ends March 31, 2012, will range between $90 million and $97 million. Non-GAAP gross margin should come in between 14% and 19%, while adjusted EBITDA will remain in the red, falling in the range of negative $13.5 million to negative $9 million.
Ethernet Alliance Technology Exploration Forum focuses on end users
The Ethernet Alliance has released the agenda for its latest Technology Exploration Forum (TEF), “The End Users Speak!” Scheduled to take place February 16, 2012 at the Techmart conference center in Santa Clara, CA, the forum will focus on the experiences end users have had with Ethernet in hopes of uncovering potential areas of improvement or new applications.The Ethernet Alliance is a consortium of technology developers and others with an interest in the advancement of Ethernet technologies and applications.“This latest installment in the Ethernet Alliance’s TEF series is a single-day event bringing together executives, technology designers and architects, integrators, solutions providers, and others to discuss new developments, issues, and challenges impacting the Ethernet ecosystem,” said Manoj Wadekar, chairperson, Ethernet Alliance TEF, and chief technologist, QLogic Corp. “The End Users Speak! is designed to allow the end-user community to share their experience with Ethernet and their network architecture and application requirements with those individuals in the Ethernet developing community.”“Throughout the past three decades, Ethernet has fundamentally altered the face of both the global technology and communications ecosystems. Now, as we move towards the next generation of Ethernet technologies and speeds, it is imperative that all of the stakeholders work together to facilitate Ethernet’s continued expansion and evolution,” said John D’Ambrosia, chair, Ethernet Alliance. “By opening the door to greater dialogue, the Ethernet Alliance is helping to ensure that technology creators better understand end user needs and expectations of Ethernet technologies not only immediately, but for the long-term, as well.”The day-long event will include such panels and sessions as “Ethernet in Future Data Centers,” “Ethernet and the Heart of the Internet,” and “The Role of Power in Networks.” Speakers will come from such major organizations as the Amsterdam Internet Exchange (AMS-IX), Chevron, Comcast, Frontier Communications, Google, Harris Broadcast, Lawrence Berkeley National Laboratory, Nationwide Insurance, the Walt Disney Co., the U.S. Environmental Protection Agency, and YAS Broadband Ventures.Andrew F. Bach, senior vice president, global head of network services, NYSE Euronext, will present a keynote addressing financial system networking, and technology’s ability to keep up with the demands of the financial community. “With global economic expansion progressing rapidly, the technology demands of supporting networks are such that customers require networks capable of processing terabits per second of bandwidth,” said Bach. “To ensure a long-term solution for the global marketplace, the financial community needs Ethernet to stay apace of these rigorous technology requirements, while technology developers want deeper insight into how to do so. Events like the Ethernet Alliance TEF series are important for achieving greater collaboration and understanding between these synergistic constituencies.”Added Paul Nikolich, chief strategy officer, YAS Broadband Ventures, and chair, IEEE 802 LAN/MAN Standards Committee, “Standardization efforts optimally commence when specific industry need is defined; therefore, opening the lines of communication between technology’s users and developers is imperative. The Ethernet Alliance’s TEF gives these two groups the opportunity to come together to explore the industry’s needs and may provide the basis for launching future standardization efforts.”
The above information is edited by 10GTEK.
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