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Special cable industry overcapacity lead to market quality problems
Source: XinYa Wire & Cable (Shenzhen) Co.,Ltd.Popularity: 1216Time: 2016-09-20【SML】
Although our specialty cable industry is the world's first, but the situation is very serious overcapacity: less than 40 percent capacity utilization rate is less than half of Europe over the same period, the burden of consecutive losses sluggish as many listed companies in the cable industry an unbearable weight, To peel burdens.
According to market data show that: in 2014, there are 712 cable product quality problems, products from 519 manufacturers (excluding non-business registration information company), which is the hardest hit in Henan, a total of 69, the total number of enterprises of 13.29%, Jiangsu and Shanghai ranked second, third place.
Our special cable industry capacity, although the world's highest, but the high-end products can not meet the demand, China imported more high-end cable products, special cable industry will be the next owner who in the world technology.
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