Connect with us
Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

News

II-VI Incorporated to Expand Manufacturing Footprint in China and Inaugurate Asia Regional Headquarters

gbafNews28

PITTSBURGH, Oct. 31, 2018 — II‐VI Incorporated (Nasdaq:IIVI), a global leader in engineered materials, compound semiconductors and optical solutions for networks, today announced it will inaugurate its new II-VI Asia Regional Headquarters and expand its manufacturing footprint in Fuzhou, China to meet increasing global demand.

As carriers worldwide ramp up their investments in 5G wireless infrastructure and drive increased demand for innovative products that enable optical access architectures for next-generation wireless networks, II-VI will add over 300,000 square-foot of space in two new buildings in Fuzhou, China to expand production of its 5G optical product portfolio. II-VI will hold an inauguration ceremony on November 5, 2018.   

“We are currently experiencing the rapidly growing demand for II-VI’s differentiated and best-in-class optical technology that is enabling 5G optical access architectures across multiple deployments beginning in Korea, Japan and North America,” said Sunny Sun, President, Photonics Segment, II-VI Incorporated. “II-VI is committed to a multi-year investment of up to $50 million dollars to expand our manufacturing operations.  In Fuzhou, China we will establish our II-VI Asia Regional Headquarters in anticipation of the long term growth driven by global deployments of next generation wireless connectivity.”

Fuzhou government officials have granted approvals for the public ceremony to proceed. II-VI’s corporate and regional executive leaders will be honored by speeches from a delegation of distinguished officials of the local municipal government.

About II-VI Incorporated

II-VI Incorporated, a global leader in engineered materials and optoelectronic components, is a vertically integrated manufacturing company that develops innovative products for diversified applications in the industrial, optical communications, military, life sciences, semiconductor equipment, and consumer markets. Headquartered in Saxonburg, Pennsylvania, the Company has research and development, manufacturing, sales, service, and distribution facilities worldwide. The Company produces a wide variety of application-specific photonic and electronic materials and components, and deploys them in various forms, including integrated with advanced software to support our customers. For more information, please visit us at www.ii-vi.com.

CONTACT: Mark Lourie Director of Corporate Communications mark.lourie@ii-vi.com www.ii-vi.com/contact-us

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/08ff8c6c-11f9-449e-8909-ef9c7aaf99c2

Primary Logo

Inauguration of II-VI Asia Regional Headquarters in Fuzhou, China

The II-VI Asia Regional Headquarters will be established in Fuzhou, China in anticipation of the long term growth driven by global deployments of next generation wireless connectivity.

Advertisement
Editorial & Advertiser disclosure

Call for Entries

Global Banking and Finance Review Awards Nominations 2022
2022 Awards now open. Click Here to Nominate

Newsletters with Secrets & Analysis. Subscribe Now

Recommended

Global Banking & Finance Review® is a leading financial portal and Print Magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management. Copyright © 2010-2021 GBAF Publications Ltd - All Rights Reserved.