 |
 |
Date Announced: 01 Aug 2014
Milestone suggests rapid year-on-year growth in demand.
SUGAR LAND, Texas, Aug. 1, 2014 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (AAOI), a leading provider of fiber-optic access network products for the cable broadband, internet data center, and fiber-to-the-home markets, today announced that it shipped its millionth laser mid-year. Surpassing this milestone in July is significant given last year AOI sold just under one million lasers the entire year.
"The predicted rapid growth among our internet data center and fiber-to-the-home products is driving internal demand for our industry-leading edge-emitting lasers," said Alex Anselm, AOI's Vice President - Semiconductor Products Division. "We were pleased to have surpassed this annual milestone so early in the year and currently expect these growth rates to continue into the foreseeable future," said Anselm.
Applied Optoelectronics employs a vertical integration strategy, from wafer to optical equipment, and about 10 percent of the lasers it manufactures are sold as discrete chips and the remaining 90 percent are incorporated into AOI's own optical communication products. AOI currently utilizes its main office in Sugar Land, Texas as its global headquarters, main R&D office and its only laser fabrication center. Growth to-date has been sustained by adding additional shifts and the leasing of other offices within the same office park.
Thompson Lin, AOI's Founder and CEO, commented, "AOI is one of the few optical components manufacturers focused nearly exclusively on the optical access market. Our vertical integration from laser chip to optical equipment, coupled with our design manufacturing abilities, is driving our tremendous above market growth rates. We have continued to execute on our growth plan in order to capitalize on our growing market opportunities in the CATV, fiber-to-the-home and data center markets and we are pleased with the team's ability to scale the business to meet this increasing demand."
Source: Applied Optoelectronics
E-mail: via web site
Web Site: www.ao-inc.com
| © 2024 SPIE Europe |
|
