SOURCE: The Bedford Report

The Bedford Report

April 04, 2011 08:16 ET

Optical Components Market Remains on the Upswing

The Bedford Report Provides Analyst Research on JDS Uniphase and Oclaro

NEW YORK, NY--(Marketwire - April 4, 2011) - After posting significant gains to begin 2011, Optical Component stocks have plummeted in recent weeks. Gloomy forward outlooks from industry heavyweights have caused investor panic throughout the sector -- offsetting positive growth predictions from the analyst community. The Bedford Report examines the Optical Components Industry and provides research reports on JDS Uniphase Corporation (NASDAQ: JDSU) and Oclaro, Inc. (NASDAQ: OCLR). Access to the full company reports can be found at:

The independent research firm, Ovum, claims that the optical components (OC) market grew by 35 percent in 2010 to earn revenues of $5.6 billion. What drove the majority of the OC growth in 2010 were the ROADMs and filter segment, which grew 46 percent during the year, compared to 2009 and posted annual revenues of $0.9 billion. Darryl Inniss, an analyst at Ovum, says that Ovum expects the OC market will "continue to expand in 2011, but at a slower rate."

The Bedford Report releases regular market updates on the Optical Components Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.

JDS Uniphase, who saw its share price surge more than 40 percent in the first three months of 2011, is the leading provider of communications test solutions and optical products to telecom carriers, cable operators, and network equipment manufacturers. Last month the company said it received a contract from Saudi Arabia-based telecom operator, Saudi Telecom to provide a comprehensive IPTV end-to-end service assurance solution.

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