FiberHome buys out Fujikura's 60% stake in Chinese opto-electronics JV

What's the deal? FiberHome CommunicationsDealroom has a profile for this one. Try Dealroom → has acquired the 60% stake held by FujikuraDealroom has a profile for this one. Try Dealroom → in their Chinese joint venture, Fujikura Fiberhome Opto-Electronic Material Technology Co., taking full ownership. The move follows FiberHome's purchase of the remaining 40% minority stake in the company.

The backstory: The joint venture dates to 2012, when Fujikura (China) Co. and Fiberhome Telecommunication Technologies contributed $18 million and $12 million, respectively, for 60% and 40% stakes. That deal lifted the company's registered capital from $60 million to $90 million.

What's the endgame? By consolidating full control, FiberHome strengthens its position in the opto-electronic materials sector and folds the venture into its broader operations.

The signal: The buyout marks a shift from a cross-border partnership to sole domestic ownership, a pattern seen as foreign firms unwind stakes in China's telecoms supply chain.

Read more: AInvest

Image credit: Office of Governor Dan Malloy