Huagong Tech: FCC's Proposed Rules on New Optical Module Imports Have No Current Impact
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Chinese optical module manufacturer Huagong Tech (华工科技) stated on its investor interaction platform that a reported U.S. Federal Communications Commission (FCC) draft rule concerning imports of new data center optical modules currently has no impact on the company. The statement was made in response to an investor question on September 23, 2024, which referenced recent media reports about the FCC drafting such rules. The investor specifically asked whether production at the company's Thailand base could fully replace Chinese-made modules for North American clients if U.S. policy restricts imports of new modules made in China, and what contingency plans the company has. Huagong Tech replied that the matter currently has no effect on its operations, but it will continue to closely monitor developments and prepare appropriate contingency plans to ensure smooth business operations. The company did not directly address the investor's question about the Thailand facility's capacity to substitute for Chinese production.
Source report
September 23 — In response to an investor inquiry, Huagong Tech (华工科技) addressed recent media reports that the U.S. Federal Communications Commission (FCC) is drafting rules related to the import of new data center optical modules.
The investor asked: If future overseas policies restrict the import of new optical modules manufactured in mainland China, could products from the company's Thailand-based production line fully take over new orders from existing North American customers? The investor also inquired about the company's contingency plans for such policy risks.
In a statement on its investor interaction platform, Huagong Tech responded that the matter currently has no impact on the company. It added that it will continue to closely monitor the latest developments and prepare appropriate contingency plans in advance to ensure the smooth operation of its business activities.
Source
财联社Eastern