- In March 2023, Sumitomo Electric Industries Ltd. and US Conec Ltd. signed a definitive licensing agreement, enabling Sumitomo Electric Lightwave Corp. to manufacture MMC connectors and TMT ferrule components. These components are designed for next-generation, high-density, multi-fiber cable solutions, supporting the growing demand for advanced communication technologies
- In May 2023, Sumitomo Electric Industries Ltd. and the National Institute of Information and Communications Technology (NICT) made a groundbreaking achievement in optical fiber technology. They developed a multi-core optical fiber with 19 cores, the highest ever in a standard outer diameter (0.125 mm) fiber, successfully transmitting data at an impressive 1.7 petabits per second over 63.5 km
- In January 2023, the merger of Showa Denko and Showa Denko Materials (formerly Hitachi Chemical) marked the beginning of a new phase for the company. The merger aims to position the company as a global leader in the chemical industry by focusing on advanced functional materials and continuous innovation
- In May 2022, Sandvik completed the acquisition of Schenck Process Group’s mining business, a leader in security check, feeding, and health check media solutions for the mining industry. The acquisition enhances Sandvik’s capabilities in screen refurbishment, application support, manufacturing, design, product engineering, and digital services
- In October 2021, Sumitomo Electric Industries Ltd. partnered with OCC Corporation, a subsidiary of NEC Corporation, to develop multicore optical fiber cables. This collaboration aims to enhance the performance and capacity of optical communication networks with advanced fiber technology
