Structured Cabling News: May 2024

Here are the latest updates from May 2024 about major OEMs:

CommScope

1. Manufacturing Expansion: CommScope has announced plans to increase its U.S.-based manufacturing capabilities for fiber-optic connectivity products. This expansion aims to enhance their product portfolio and meet the growing demand for high-speed connectivity solutions​
2. Financial Performance: CommScope reported a challenging financial quarter with earnings missing expectations. The company faced headwinds but remains focused on strategic initiatives to recover in the latter half of 2024​
3. Stockholder Approvals: CommScope’s stockholders recently approved several proxy proposals aimed at improving the company’s governance and operational strategies​.

D-Link

There were no significant specific updates about D-Link in May 2024 in the sources reviewed. However, it’s always beneficial to check D-Link’s official website and recent press releases for any new developments.

Molex

There were no specific updates found for Molex for May 2024. Like with D-Link, reviewing Molex’s official channels and news releases would provide the most current information.

These updates reflect ongoing efforts and challenges within the industry, with a strong focus on expanding manufacturing capabilities and improving financial health. For more detailed information, you can visit the official websites and financial news platforms for these companies.

Hewlett Packard Enterprise (HPE)

1. Financial Results: HPE announced a live audio webcast to review its financial results for the second quarter of fiscal 2024. The company continues to focus on AI-driven innovation and strategic growth initiatives​ (Belden Investor)​​ (Mirage News)​.
2. Strategic Acquisitions: HPE is acquiring Juniper Networks to accelerate AI-driven innovation, aiming to strengthen its position in AI-native networks and enhance its technological capabilities​ (Belden Investor)​.

TP-Link

There were no specific updates found for TP-Link for May 2024 in the sources reviewed. For the latest news, it’s advisable to check TP-Link’s official website and recent press releases.

Panduit

1. Collaboration with Cisco: Panduit has integrated its intelligent power distribution units (iPDUs) with Cisco Nexus Dashboard, providing real-time and historical energy consumption insights. This collaboration aims to enhance energy efficiency and support net-zero initiatives​ (Mirage News)​.
2. Future-Proofing Networks: Panduit emphasizes future-proof network infrastructure with advancements in fiber infrastructure and Wi-Fi 6, ensuring reliable and high-performance network solutions​ (Mirage News)​.

Cisco

1. Cisco Live 2024: Cisco Live, held in Melbourne, showcased several innovations including Cisco Hyperflex transitioning from a three-node to a two-node system, and the launch of SD-WAN architecture for efficient data center connectivity​ (Mirage News)​.
2. Partnership with Schneider Electric: Cisco has collaborated with Schneider Electric on various solutions, including Eco Structure IT Expert for IT infrastructure monitoring and management​ (Mirage News)​.

Belden

1. Financial Performance: Belden reported its fourth quarter and full year 2023 results, highlighting challenges with revenue and earnings declines. The company remains focused on strategic initiatives to improve financial performance​ (Belden Investor)​.

Schneider Electric

1. Ransomware Attack: Schneider Electric experienced a disruption due to a ransomware attack but managed to limit the impact on its sustainability services​ (Belden Investor)​.
2. Innovation Summit: Schneider Electric held its Innovation Summit in Paris, showcasing the latest technologies in energy management and automation​ (Belden Investor)​.
3. New Product Launches: Schneider Electric introduced new collaborative robots at MODEX 2024, aiming to enhance automation capabilities in various industries​ (Belden Investor)​.