Corning raises the prices of multimode fiber products
Effective April 1, 1996, fiberoptics giant Corning Incorporated (Corning, NY) will increase prices by as much as 15% on 62.5/125 and 50/125 multimode optical fiber. Telecommunications Products Division deputy general manager Wendell P. Weeks attributes the price jump to increased costs in raw materials required for the product. Multimode fiber is primarily used for in-building data networks. High demand caused by the surge in local-area data networks has led to shortages in germanium tetrachloride, a critical dopant for multimode fiber. The rising cost of the material first impacted manufacturers; it appears to have finally reached the end user.
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