Applied Optoelectronics Announces 1.4 Million 25 Gbps Lasers Produced
June 19 2017 - 8:30AM
Applied Optoelectronics, Inc. (NASDAQ:AAOI), a
leading provider of fiber-optic access network products for the
internet datacenter, cable broadband, fiber-to-the-home (FTTH) and
telecom markets, today announced it has produced over 1.4 million
25 Gbps Distributed Feedback (DFB) laser diodes, since first
shipping the products in late 2015.
AOI utilizes the overwhelming majority of the diodes produced in
its 100G QSFP-28 transceiver products that are primarily deployed
in hyperscale datacenters. The 1.4 million 25 Gbps laser diodes
have passed all production testing and are fully qualified for use
in AOI's transceiver products and have either been shipped to
customers or are in the process of transceiver manufacture.
“We are currently on track to achieve our production ramp goal
of producing approximately one million fully-qualified lasers per
month by the end of the year. In May, we produced nearly 600
thousand such laser diodes. We would like to publicly
acknowledge all the hard work by AOI’s engineering and production
staff by marking this milestone,” commented Dr. Fred Chang, AOI’s
Senior Vice President and head of the Optical Component BU.
“Additionally, the expansion of our fab capabilities in Sugar Land
last year have enabled the ramp in production and we continue to
build out capacity in the fab in order to reach our production
goals.”
Forward-Looking Information
This press release contains forward-looking statements. These
forward-looking statements involve risks and uncertainties, as well
as assumptions and current expectations, which could cause the
company’s actual results to differ materially from those
anticipated in such forward-looking statements. These risks and
uncertainties include but are not limited to: reduction in the size
or quantity of customer orders; change in demand for the company’s
products due to industry conditions; changes in manufacturing
operations; volatility in manufacturing costs; delays in shipments
of products; disruptions in the supply chain; change in the rate of
design wins or the rate of customer acceptance of new products; the
company’s reliance on a small number of customers for a substantial
portion of its revenues; potential pricing pressure; a decline in
demand for our customers’ products or their rate of deployment of
their products; general conditions in the internet datacenter,
CATV, FTTH or Telecom markets; changes in the world economy
(particularly in the United States and China); the negative effects
of seasonality; and other risks and uncertainties described more
fully in the company’s documents filed with or furnished to the
Securities and Exchange Commission. More information about these
and other risks that may impact the company’s business are set
forth in the “Risk Factors” section of the company’s quarterly and
annual reports on file with the Securities and Exchange Commission.
In some cases, you can identify forward-looking statements by
terminology such as "believe," "may," "estimate," "continue,"
"anticipate," "intend," "should," "could," "would," "target,"
"seek," "aim," "believe," "predicts," "think," "objectives,"
"optimistic," "new," "goal," "strategy," "potential," "is likely,"
"will," "expect," "plan" "project," "permit" or by other
similar expressions that convey uncertainty of future events or
outcomes. You should not rely on forward-looking statements as
predictions of future events. All forward-looking statements in
this press release are based upon information available to us as of
the date hereof, and qualified in their entirety by this cautionary
statement. Except as required by law, we assume no obligation to
update forward-looking statements for any reason after the date of
this press release to conform these statements to actual results or
to changes in the company’s expectations.
About Applied OptoelectronicsApplied
Optoelectronics Inc. (AOI) is a leading developer and manufacturer
of advanced optical products, including components, modules and
equipment. AOI's products are the building blocks for broadband
fiber access networks around the world, where they are used in the
internet datacenter, CATV broadband, FTTH and telecom markets. AOI
supplies optical networking lasers, components and equipment to
tier-1 customers in all four of these markets. In addition to its
corporate headquarters, wafer fab and advanced engineering and
production facilities in Sugar Land, TX, AOI has engineering and
manufacturing facilities in Taipei, Taiwan and Ningbo, China. For
additional information, visit www.ao-inc.com.
Investor Relations Contact:
The Blueshirt Group, Investor Relations
Maria Riley & Chelsea Lish
+1-415-217-7722
ir@ao-inc.com
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