POET
Technologies Collaborates with Yuanjie Semiconductor Technology for
Laser Supply as the Company's Optical Engines Enter Volume
Production
Toronto,
Ontario, October 10, 2023 -- InvestorsHub NewsWire
-- POET
Technologies Inc. ("POET" or
the "Company")
(TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET
Optical Interposer™ and Photonic Integrated Circuits (PICs) for the
data center, telecommunication
and artificial intelligence markets, today announced
that it is collaborating with Yuanjie Semiconductor Technology Inc.
(YST), a leading supplier
of high-performance lasers. The collaboration will enable POET's
joint venture, Super Photonics Xiamen (SPX), to ramp optical
engines to high-volume production utilizing YST's
lasers.
"As we start
ramping production of our optical engines, securing an additional
reliable laser source that is well established in the industry with
known good quality is of utmost importance to our business," said
Dr. Suresh Venkatesan, Chairman & CEO of POET. "Our partnership
with YST has enabled POET and SPX to deliver reliable,
high-performance optical engines to customers. SPX will start
production of 100G CWDM4, POET ONE (a 100G single chip
TxRx engine), 100G LR4 and 200G FR4 optical engines using YST's
directly modulated lasers (DMLs) this month and we expect to extend
the collaboration to other products in the future."
"We are excited to
collaborate with POET to support a growing customer demand for 100G
and 200G optical engine products," said Peter Zhang,
CEO and Chairman of
the Board at YST. "Our superior quality lasers and reputation for
reliability will complement POET's Optical Interposer technology,
which offers a unique and highly adaptable platform to module
makers. We will continue to collaborate with POET on high-speed
optical engines while supporting SPX to ramp current products to
high volume production."
POET, SPX and YST
will initially collaborate on 100G CWDM4, POET ONE, 100G LR4 and
200G FR4 transmitter products. All the design verifications and
reliability testing of the optical engines is complete and all will
be released to production this month.
Current module
customers for these products include ADVA, Beijing FeiYunYi (BFYY)
and Fibertop, along with others whose names have not yet been
disclosed.
About
POET Technologies Inc.
POET
Technologies is a design and development company offering
integration solutions based on the POET Optical Interposer™, a
novel platform that allows the seamless integration of electronic
and photonic devices into a single multi-chip module using advanced
wafer-level semiconductor manufacturing techniques and packaging
methods. POET's
Optical Interposer eliminates costly components and labor-intensive
assembly, alignment, burn-in and testing methods employed in
conventional photonics. The cost-efficient integration scheme and
scalability of the POET Optical Interposer brings value to any
device or system that integrates electronics and photonics,
including some of the highest growth areas of computing, such as
Artificial Intelligence (AI), the Internet of Things (IoT),
autonomous vehicles and high-speed networking for cloud service
providers and data centers. POET is headquartered in Toronto, with
operations in Allentown, PA, Shenzhen, China
and Singapore. More information may be obtained at
www.poet-technologies.com.
About
Yuanjie Semiconductor Technology Inc.
Founded on January
28, 2013, YST is a
leading company
focused on high speed InP optical chips mass production with
internal InP simulation platform, QW epitaxy and testing
platform. YST can
provide InP based 2.5G to
50G DFB, 10G to 200G EML and 50 to 100mW CW DFB Laser chips for
FTTH, Datacenter and Wireless Fronthaul/backhaul
customers.
This news release contains
"forward-looking
information" (within the meaning of applicable Canadian securities
laws) and "forward-looking
statements" (within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995). Such statements or information are
identified with words such as "anticipate",
"believe", "expect",
"plan",
"intend",
"potential", "estimate",
"propose",
"project",
"outlook", "foresee" or similar
words suggesting future outcomes or statements regarding any
potential outcome. Such statements include the
Company's expectations
with respect to market size, the capability, functionality,
performance and cost of the Company's technology,
the capabilities and expected success of its joint venture, as well
as the timing and inclusion of its technology in customer's current
and future products.
Such forward-looking information or
statements are based on a number of risks, uncertainties and
assumptions which may cause actual results or other expectations to
differ materially from those anticipated and which may prove to be
incorrect. Assumptions have been made regarding, among other
things, management's expectations
regarding the size of the market for its products, the capability
of its joint venture to produce products on time and at the
expected costs, the performance and availability of certain
components, including lasers, and the success of its customers in
achieving market penetration for its
products. Actual results
could differ materially due to a number of factors, including,
without limitation, the attractiveness of the Company's product
offerings, performance of its technology, the performance of key
components, including lasers, and ability of its customers to sell
their products into the market. For further
information concerning these and other risks and uncertainties,
refer to the Company's filings on SEDAR+ at www.SEDAR.com and on
the website of the U.S. Securities and Exchange Commission at
www.sec.gov. Although the
Company believes that the expectations reflected in the
forward-looking information or statements are reasonable,
prospective investors in the Company's securities
should not place undue reliance on forward-looking statements
because the Company can provide no assurance that such expectations
will prove to be correct. Forward-looking information and
statements contained in this news release are as of the date of
this news release and the Company assumes no obligation to update
or revise this forward-looking information and statements except as
required by applicable securities laws.
Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
120 Eglinton Avenue,
East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 - Fax:
416-322-5075
POET Technologies (NASDAQ:POET)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
POET Technologies (NASDAQ:POET)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024