In the past year, shares in Shenzhen-listed Zhongji Innolight, the world's largest optical module producer, jumped tenfold. Smaller peers Eoptolink Technology and Suzhou TFC Optical Communication, also listed in Shenzhen, notched share-price gains of more than five times. Recently, LightCounting, a market research institution in the optical communication industry, released the latest version of the 2023 global optical module TOP10 list. LightCounting stated that the above chart shows the changes in the TOP10 list of optical module suppliers over the past decade or. – China's optical module industry is experiencing robust growth, driven by 5G deployment, data center expansion, and increasing global demand for high-speed connectivity. Optical modules and devices for high-speed data communication. This gap widened in 2022-2023 in favor of the Chinese suppliers.
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