Passive optical network fiber shipments to reach $2.2 bln in 2008

The race by worldwide telecommunications carriers to roll out passive optical network (PON) fiber is creating a boom in the market, with shipments projected to jump 310% from $525 mln in 2004 to $2.2 bln in 2008, according to Infonetics Research. 92% of passive optical networks were installed in Asia in 2004.