Chinese optoelectronics companies invest in developing Indonesian market

Zhejiang Fuchunjiang Optoelectronics Technology Co., Ltd. and Indonesia CCSI signed an investment and cooperation agreement in Jakarta, the two sides will set up a joint venture in Indonesia, and jointly promote the overseas production and manufacturing of optical fibers, optical cables and related accessories and market development.Fuchunjiang Optoelectronics is the core enterprise of Fuchunjiang Group, with business covering optical fiber R&D and production and optical communication industrial park layout; Indonesia CCSI is a leading local fiber optic cable enterprise, with diversified production capacity such as submarine cable. This cooperation is a sign that Fuchunjiang Group has shifted from products going overseas to industrial chain going overseas, and its order intake of overseas business in Q1 of 2025 has reached 50% of the whole year of 2024, and it will deepen its management and technological innovation in the future to enhance its overseas market share.