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Appeared on: Thursday, July 29, 2004
Export Of 100Mbps VDSL Gears To Japan Gains Steam

Export of Korea's very high-data rate digital subscriber line (VDSL) equipment makers to Japan is fast increasing, demonstrating their cutting-edge technologies.

Leading VDSL gear companies, including Millinet, Dasan Networks, and Woojyun Systec, recently entered contracts with Internet service firms and other enterprises in Japan to supply their high-data rate solutions in large volume, according to industry sources.

A high-speed Internet gear firm Millinet ( http://www.millinet.co.kr) recently signed a contract with OF Networks of Japan to supply 100Mbps VDSL equipment over the next one year on an OEM basis, in value of 10 billion won (approximately 8.62 million dollars). Millinet's VDSL gear features a speed of 100Mbps downstream and 50Mbps upstream.

"The company targets to reap 50 billion won in overseas markets, including Japan and Europe, during the next 3 years. Successful entrance into the strict market in Japan demonstrates our leading-edge technology in xDSL sector," said Lee Sang-cheol, CEO of Millinet.

Following its contract with Soliton Systems of Japan sealed on July 8 to supply its 100Mbps VDSL equipment worth 4 billion won, Dasan Networks ( http://www.da-san.com) entered another contract with the same company on July 14 to supply its products in value of 10 billion won. Dasan will supply these products to Soliton by the end of third quarter of this year. Expecting to win additional orders from Soliton, Dasan Networks anticipates to gain more than 30 billion won in export of its VDSL equipment this year.

Woojyun Systec ( http://www.woojyun.co.kr), which first entered a contract with Softbank Broadband (SBB) of Japan in May to supply its 100Mbps VDSL gears in value of 6.6 billion won, recently supplied additional products worth 1.2 billion won. Woojyun Systec also provided its high-data rate VDSL solutions to another enterprise in Japan in value of 600 million won. It expects to receive additional orders from SBB and other enterprises in Japan continuously.

"We will make concerted efforts to expand export of 100Mbps VDSL equipment. Since competition in data rate has already begun in Japan, export of high-speed VDSL gears is seen to continue rising in that market," said Lee Myeong-gon, CEO of Woojyun Systec.

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