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“We also continue to drive growth outside of the U.S. In particular, in Q2, Asia Pacific revenue was up 60% year-over-year. This was largely driven by continued revenue growth in India, which was up 88% year-over-year in Q2 to about $70 million, reflecting consistent strong demand from service providers in that market,” he said during the earnings call.
In a recent interview with ETTelecom, Smith said India now has a healthy ecosystem with several fiber broadband providers, webscale companies, and telecom operators.
“5G network densification and network rollout, along with content delivery companies’ expansion into India and the submarine cables business, will drive growth for the company,” he had then said, adding that structure of the Indian telecom market has now settled down, and the company is “very bullish” with growth opportunities.
The company also claimed to have benefitted from the absence of Huawei and ZTE<\/a> in the Indian 5G network rollout<\/a> as telcos moved away quickly from involving Chinese vendors.
Ciena will invest $50- $100 million over the next three to four years to locally manufacture equipment for domestic consumption and exports in India, having tied up with contract manufacturer Flex<\/a>.
Ciena increased its manpower in India by 10% last year and is still recruiting more engineers to support its research and development (R&D) efforts.
During the call, Smith said that the key demand drivers behind the growth are continued 5G rollouts and increasing cloud adoption to broadband access and the growing need for more automation. “All of these were strong demand drivers before COVID and the supply chain challenges of the past few years and are arguably even stronger today,” he said.
“AI could prove also to be transformative for service providers and cloud providers alike on top of these existing dynamics. This is increasingly evident with the recent introduction and surging interest in Generative AI<\/a> platforms, which are widely expected to drive bandwidth demand over time and create potential new opportunities, of course, for us,” he said.
Ciena performed better than expected concerning revenue in the second quarter and for the first half of fiscal 2023, primarily driven by the supply chain improving faster than anticipated, which enabled the company to ship significantly more products to more customers in recent quarters, Smith said during the call.
The top executive said supply chain improvements enabled Ciena to improve our lead times to customers by more than 50% year-to-date. Consequently, as the supply chain improves and lead times come down, customers no longer need to place advanced orders to secure supply.
“As a result, and as expected, orders were lower than revenue in Q2. We are now clearly in a transitionary period, moving from an environment where orders vastly outstrip supply to one where supply and order flow is beginning to come into some kind of balance. Consequently, this is driving a near-term shift in customer ordering and shipment dynamics and behaviour.”
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来自印度的强劲需求服务提供商驱动器Q2收入Ciena在印度:首席执行官加里•史密斯
与ETTelecom在最近的一次采访中,史密斯说,印度乐动娱乐招聘现在有一个健康的生态系统与多个光纤宽带提供商,webscale公司和电信运营商。
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“我们还继续推动经济增长特别是美国以外的,在第二季度,亚太地区收入同比增长了60%。这在很大程度上是由收入的持续增长在印度,在第二季度增长88%至7000万美元,反映出一致的服务供应商在这个市场的强劲需求,”他在财报电话会议中说。
与ETTelecom在最近的一次采访中,史密斯说,印度乐动娱乐招聘现在有一个健康的生态系统与多个光纤宽带提供商,webscale公司和电信运营商。
“5 g网络致密化和网络推广,随着内容交付公司向印度和海底电缆业务扩张将推动增长的公司,”他接着说,印度电信市场结构已经安定下来,和公司是“非常乐观”的增长机会。
该公司还声称已经从没有华为和受益中兴通讯在印度5 g网络推广电信公司与包括中国供应商很快就搬走了。
Ciena将投资50 - 1亿美元在未来三到四年的本地生产设备为国内消费和出口在印度,与合同制造商Flex。
Ciena去年增加了其在印度人力10%,仍在招募更多的工程师来支持其研究与发展(R&D)的努力。
在调用期间,史密斯表示,增长背后的关键要求司机继续5克发布和增加云采用宽带接入和不断增长的需要更多的自动化。“所有这些需求强劲司机之前COVID和供应链挑战过去几年的,甚至可以说是更强的今天,”他说。
“AI可能也为服务提供商和云提供商变革都这些现有的动态。这是越来越明显,最近的介绍和兴趣激增生成的人工智能平台,广泛预期驱动带宽需求随着时间的推移,创造潜在的新机会,当然,对我们来说,”他说。
Ciena表现好于预期收入在第二季度和上半年的2023财政年度,主要由供应链提高比预期的更快,使船公司更多产品更多的客户在最近几个季度,叫史密斯说。
高管表示,供应链的改进使Ciena改善我们的交货期客户50%以上。因此,随着供应链改善和交货期下来,客户不再需要先进的订购安全供应。
“结果,正如所料,订单低于收入Q2。我们现在显然在一个过渡的时期,从一个环境中,订单大大超过供给,供给和订单开始进入某种平衡。因此,这是推动短期内转变客户订购和运输动态和行为。”
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