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SMM expects domestic cable enterprise operating rate to rise to 69.44% in March
According to SMM, the domestic cable companies’ operating rate in March is expected to increase by 13.83 percentage points month-on-month to 69.44%. The main reason is that after the Lantern Festival, as the terminal industry gradually resumes work and production, orders are expected to be further released, supporting companies’ production scheduling. Additionally, excluding the holiday impact, cable companies will gradually return to normal production pace in March.