21 Reputed Fiber Optic Companies In Terms Of Financial Performance In The World

Table of Contents


connected on submarine fiber optic cables

The picture above shows that the world is connected on submarine fiber optic cables.

The last article, Top 50 Fiber Optic Cable Manufacturers In The World, briefly introduced the best worldwide fiber optic cable manufacturers. Today we want to address the world’s top 22 fiber optic companies in terms of their financial performance for your investment reference.

For all the annual reports or financial reports concerned, we connected from their own official websites(the link is attached with its name) with one exception, i.e., the 2021 annual report of ZTT International Limited, which we downloaded from Sina Finance.

Te Connectivity

Te Connectivity

TE Connectivity Limited provides engineered electronic components, network solutions, undersea telecommunication systems, and wireless systems. The Company designs, manufactures, and markets products for customers in industries ranging from automotive, appliance, aerospace, and defense to telecommunications, computers, and consumer electronics.

As of 2021, it reported sales of $14.9 billion.

Its Third Quarter Highlights

  • Net sales were $4.1 billion, up 7% on a reported basis and 11% organically year over year, with solid growth across all segments.
  • Orders of $4.2 billion with a book to bill of 1.02 and backlog up more than 20% year over year, reflecting continued strong customer demand.
  • GAAP diluted earnings per share (EPS) from continuing operations were $1.83, up 5% year over year, and adjusted EPS was $1.86, up 4% year over year.
  • Cash flow from operating activities was $579 million, with approximately $500 million returned to shareholders.
  • Issued Connecting Our World Report, which highlights a 30% reduction in absolute GHG emissions in the fiscal year 2021 and other ESG achievements.



Corning Incorporated(NYSE: GLW) is a global technology-based company. The Company produces optical fiber, cable, and photonic components for the telecommunications industry, as well as manufactures glass panels, funnels, liquid crystal display glass, and projection video lens assemblies for the information display industry.

Wendell P. Weeks, chairman and the chief executive officer, said:

Corning executed very well in a challenging external environment and delivered outstanding second-quarter results, with year-over-year sales and EPS growth of 7% and 8%, respectively. We also delivered $440 million of free cash flow in the quarter and improved profitability sequentially.

Its 2022 financial highlights:

  • Core sales grew 7% year over year to $3.8 billion and core EPS increased 8% year over year to $0.57
  • Optical Communications sales grew 22% year over year.
  • Second-quarter free cash flow was $440 million, keeping the company on pace for another year of strong cash generation.
  • GAAP sales were $3.62 billion and core sales were $3.76 billion; core sales grew 7% year over year.

Prysmian Group

Prysmian Group

Listed on the Milan Stock Exchange in the FTSE MIB Index since 2007, its core focus is securing long-term value for stakeholders, and inspiring continued market confidence in the company with continued product innovation, an unwavering focus on efficiency, and the timely execution of projects.

Its 2021 financial highlights:

  • Record sales at €12,736M, organic growth at +11.0%
  • Adjusted EBITDA AT €976M, +16.2% vs 2020 (updated guidance: €920M–€970M)
  • Stable margins at 7.7% (8.6% at 2020 metal prices vs 8.4% in 2020)
  • Group net profit rose to €308M from €178M (+73%)
  • Strong cash flow generation, Free Cash Flow at €365 M [Excluding cash flows due to acquisitions, disposals, and antitrust-related issues] (Vs guidance of €300M ± 20%) and Net Debt decreasing to €1,760M vs €1,986M at 2020 year-end
  • Operating income amounted to €572 million, compared to €353 million in 2020.

Fujikura Ltd.

Fujikura Ltd.

Fujikura Ltd. manufactures and sells wires and cables, such as optical fiber cables and coaxial cables. The Company’s products include optical transmission systems, electronic materials, and telecommunication cables.

Its Consolidated Financial Highlights:

(Unit: Billions of yen)

Fujikura's Consolidated Financial Highlights
Fujikura’s Consolidated Financial Highlights



3M Company conducts operations in electronics, telecommunications, industrial, consumer and office, health care, safety, and other markets. The Company’s businesses share technologies, manufacturing operations, marketing channels, and other resources. 3M serves customers worldwide.

3M Reports Second-Quarter 2022 Highlights:

  • Aearo Technologies takes action to efficiently and equitably resolve litigation related to Combat Arms Earplugs, resulting in a pre-tax charge of $1.2 billion, or $1.66 per share; Company reports GAAP earnings per share of $0.14, including the impact of Special Items.
  • Adjusted earnings per share of $2.48 amid continued uncertain macroeconomic environment.
  • Sales of $8.7 billion, down 3 percent year-on-year, which included a negative 4 percentage point impact from foreign currency translation due to the strength of the U.S. dollar.
  • Organic sales growth of 1 percent year-on-year which included a 4 percentage point headwind from the combined impact of China COVID-related lockdowns and decline in disposable respirator demand.
  • Operating cash flow was $1.1 billion, down 40 percent year-on-year, while adjusted free cash flow was $1.0 billion, down 41 percent year-on-year.
  • 3M returned $0.8 billion to shareholders via dividends.



Sumitomo Electric Industries, Ltd. manufactures electric wires, cables, and related equipment. The Company’s products include optical fibers, wire harnesses, antennas for broadcasting stations, and electric monitoring systems. Sumitomo Electric also produces disc brakes and antilock braking systems for automobiles and printed circuit boards.

Financial highlights of Sumitomo Electric's business performance
Financial highlights of Sumitomo Electric’s business performance



Nexans is a global player in the energy transition listed on Euronext Paris. For over 120 years, Nexans has brought energy to life by providing customers with advanced cable technologies and services. Today, Nexans goes beyond cables to become a pure player in electrification.

Nexans at a glance
Nexans at a glance

Sterlite Technologies

Sterlite Technologies

Sterlite Technologies Limited, created via a spin-off of the telecom business of Sterlite Industries, provides optical fiber, cable, and jelly-filled telecom cable products.

In 2022, they have achieved their highest ever revenue of (+5,700) crores, a growth of 19% y-o-y and they are very poised to grow further in FY23. With a great market opportunity and the potential that lies for them, their target and vision are claimed to be amongst the top three global players in the near term and achieve this global leadership.

STL’s Financial Highlights:

STL's annual report
STL’s annual report

Furukawa Electric Co. Ltd

Furukawa Electric Co., Ltd. manufactures wires, cables, and metal products. The Company holds patents in optical fiber coating technology and produces optical fiber cables in the United States. Furukawa Electric’s metal products include aluminum cans, air conditioner parts, and shape memory alloys.

Furukawa’s Financial Summary for First Three Months of the Fiscal Year Ending March 31, 2023:

Furukawa's Financial Summary for First Three Months of the Fiscal Year Ending March 31, 2023



Yangtze Optical Fibre and Cable Joint Stock Limited Company manufacture fiber and cable products. The Company produces communication fibers, communication cables, specialty fibers, and products. Yangtze Optical Fibre and Cable markets its products domestically and internationally.

Its 2022 Financial Highlights:

Total operating revenue was approximately RMB6,391.4 million, increased by approximately RMB2,039.7 million, representing an approximately 46.9% increase as compared to the same period of last year.

Gross profit was approximately RMB1,435.6 million, increased by approximately RMB549.8 million, representing an approximately 62.1% increase as compared to the same period of last year.

Profit attributable to equity shareholders of the Company was approximately RMB525.4 million, increased by approximately RMB46.2 million, representing an approximately 9.6% increase as compared to the same period of last year.

The Group’s revenue from domestic customers increased by approximately 43.8%, as compared with the same period of last year. The Group’s revenue from overseas customers increased by approximately 53.1%, as compared with the same period of last year.



CommScope, Inc. of North Carolina provides communication products and services. The Company designs, builds, and manages wired and wireless networks. CommScope serves customers worldwide.

CommScope’s 2021 Annual Report:

CommScope's 2021 Annual Report

Zayo Group Holdings Inc

Zayo Group Holdings Inc

Zayo Group Holdings, Inc. (NYSE: ZAYO) provides communications infrastructure services, including fiber and bandwidth connectivity, colocation, and cloud services, to the world’s leading businesses.

Selected historical consolidated financial information for Zayo Group Holdings
Selected historical consolidated financial information for Zayo Group Holdings

Huber + Suhner

Huber + Suhner

Huber + Suhner AG manufactures telecommunications products and polymer systems. The Company produces antenna systems, lightning protection, fiber optic cables and connectors, and hybrid cables.

Key figures H1 2022 of Huber + Suhner:

Key figures H1 2022 of Huber + Suhner:

HUBER+SUHNER recorded a strong first half of 2022 and thus maintained the high momentum from the previous year in the current reporting year. The operating profit (EBIT) of CHF 54.0 million was even above the excellent figure of the prior-year period (CHF 51.7 million), which corresponds to an EBIT margin of 11.3 % (PY 12.2 %) and is thus clearly in the upper half of the medium-term target range of 9–12 %. Net income amounted to CHF 43.8 million (PY CHF 41.9 million). The free operating cash flow in the first six months of the reporting year amounted to CHF 5.7 million (PY CHF 26.2 million).



Aptiv PLC manufactures and distributes vehicle components. The Company produces connector wires, safety restraint systems, pin headers, and underwater towed arrays for automobile and commercial vehicles. Aptiv supplies original equipment manufacturers worldwide.

Its total net sales during the year ended December 31, 2021, were $15.6 billion, an increase of approximately 20% compared to 2020. Its overall volumes increased 16% despite total global OEM production increases of only 2% (flat on an AWM basis) for the year ended December 31, 2021, from the unusually low 2020 production rates and despite the ongoing direct and indirect adverse impacts of the COVID-19 pandemic and worldwide semiconductor shortage on vehicle production schedules and sales volumes. Its total net sales for the year ended December 31, 2020, were adversely impacted by the governmental “lock-down” orders due to the COVID-19 pandemic for all non-essential activities, initially in China during the first quarter of 2020 and subsequently in Europe and North America. Despite the volatility caused by the COVID-19 pandemic and the global supply chain disruptions throughout 2021, its overall lean cost structure, along with continued above-market sales growth in all major regions, has enabled it to achieve strong levels of operating income while continuing to invest in the future strategically.

Aptiv 2021 annual report:

Aptiv 2021 annual report



Radiall USA, Inc. manufactures interconnect products and components. The company offers coaxial connectors and cable assemblies, antennas, and fiber optic components to telecommunications, aerospace, space, defense, automotive, and industrial industries. Radiall USA serves clients in the United States.

Radiall 2016 Financial Report:

Radiall 2016 Financial Report



Belden Inc. designs, manufactures, and markets cable, connectivity, and networking products. The Company produces and sells a portfolio of cable, connectivity, and networking products to various end markets, including industrial, enterprise, broadcast, and consumer electronics.

Q2 2022 Highlights of Belden:

Q2 2022 Highlights of Belden:

Q2 2022 Financial Summary of Belden:

Q2 2022 Financial Summary of Belden

Leoni AG

Leoni AG

Leoni AG manufactures and sells electric cables, wires, flexible cords, light wave conductors, co-axial cables, high-tension wires, and customized cable wiring systems. The Company markets its products to the tool-machinery, telecommunication, computer, automotive, electronic, and appliance manufacturing industries. Leoni operates in Europe, Asia, and the United States.

Aldo Kamper, Chief Executive Officer of LEONI AG, said:

LEONI made good progress on its way towards sustained recovery in the second quarter – and did so in what is still a challenging market environment.

Interim Report Q2 and H1 2022 of LEONI:

Interim Report Q2 and H1 2022 of LEONI

Amphenol Corporation

Amphenol Corporation

Amphenol Corporation designs, manufactures, and markets electrical, electronic and fiber optic connectors, interconnect systems, and coaxial and flat-ribbon cable. The Company’s products are used in various industries, including telephone, wireless, and data communications systems, cable television systems, and commercial and military aerospace electronics.

2021 Financial Highlights of Amphenol:

2021 Financial Highlights of Amphenol

Carlisle Interconnect Technologies


CarlisleIT started operations in Tarrytown, New York, in 1940 as Tensolite. In 1959, Carlisle Interconnect Technologies became part of Carlisle Companies Incorporated (NYSE: CSL). The company’s line of business includes the manufacturing of electronic components such as antennas, switches, and waveguides.

2Q22 results of Carlisle Companies Incorporated:

2Q22 results of Carlisle Companies Incorporated

Coherent (formerly known as II-VI Incorporated)


Coherent Corp. designs engineered materials and optoelectronic components. The company offers products to industrial, optical communications, military, life sciences, semiconductor equipment, and consumer markets. Coherent also manufactures semiconductor lasers and optics for high-power industrial lasers, optical communications systems, data center connectivity, and 3D sensing.

2021 Annual Report of Coherent:

Coherent 2021 Annual Report

ZTT International Limited


Jiangsu Zhongtian Technology Co., Ltd. manufactures and markets optic cables, optic fibers, electric cable materials and accessories, related components, and related controlling systems.

2021 annual report of ZTT:

ZTT 2021 annual report


Bloomberg company profile

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