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Black Box Explains... GBICs.

A Gigabit Interface Converter (GBIC) is a transceiver that converts digital electrical currents to optical signals and back again. GBICs support speeds of 1 Gbps or more and are typically used as an interface between a high-speed Ethernet or ATM switch and a fiber backbone. GBICs are hot-swappable, so switches don’t need to be powered down for their installation.
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