AXT Appoints Wilson Lin as Chief Operating Officer
August 22 2017 - 6:30AM
AXT, Inc. (Nasdaq:AXTI), a leading manufacturer of compound
semiconductor substrates, today announced that it has appointed
Wilson Lin, Ph.D., 48, as chief operating officer, effective August
21, 2017. Lin will have responsibility for AXT’s global operations
and will report to chief executive officer, Morris Young.
Over the course of his career, Lin has built a
solid track record of success in operations and business management
in the compound semiconductor and related industries. Before
joining AXT, he served as director and CEO of General Photonics
Corporation, a manufacturer of advanced optical polarization
modules and instruments. At General Photonics, he reorganized
the global sales channels and launched new programs in operations,
including six-sigma manufacturing processes. Prior to General
Photonics, Lin held various management positions of increasing
responsibility at Newport Corporation, a worldwide leader in
photonics solutions. He joined Newport in December 2006 as
director, global supply chain management, where he consolidated
Newport's global supply chain, with a focus on creating
efficiencies and reducing material costs. In February 2010,
Lin was appointed as general manager of China Operations. In
this role, he successfully established a China manufacturing
facility that employed approximately 200 people and supplied
components and subsystems to tier-one customers in the medical,
semiconductor and telecom industries. In January 2013, Lin
was appointed as vice president, Asia Pacific, and became
responsible for all operations, engineering, marketing, sales and
services for Newport in the Asia Pacific region. He initiated
and led region-wide changes, including the restructuring of the
sales channels, to drive organic growth. Overcoming
challenges from both domestic and international competitors, Lin
and his team achieved wins on critical projects in the region and
strengthened relationships with high-level decision makers of key
customers.
“I am delighted to announce that Wilson Lin has
joined our executive team,” said Morris Young, chief executive
officer. “Wilson has a solid track record of demonstrating
expanding responsibility and achievement. His business skills and
broad experience in China, as well as his deep understanding of
single crystal growth technology, will combine to bring a very
positive contribution to AXT. This is an exciting addition to our
team and comes at an exciting time in our business growth.”
Lin holds a Ph.D. in physics from the City
University of New York and conducted postdoctoral research at
Princeton University. He has published more than 30 technical
articles related to crystal growth and the fabrication of compound
semiconductors and their applications. Further, Lin earned an
M.B.A. degree from the UCLA Anderson School of Management and a
B.S. degree in physics from Chun-Yuan University, Taiwan.
About AXT, Inc.
AXT designs, develops, manufactures and distributes
high-performance compound and single element semiconductor
substrates comprising indium phosphide (InP), gallium arsenide
(GaAs) and germanium (Ge) through its manufacturing facilities in
Beijing, China. In addition, AXT maintains its sales,
administration and customer service functions at its headquarters
in Fremont, California. The company’s substrate products are
used primarily in lighting display applications, wireless
communications, fiber optic communications and solar cell
applications. Its vertical gradient freeze (VGF) technique for
manufacturing semiconductor substrates provides significant
benefits over other methods and enabled AXT to become a leading
manufacturer of such substrates. AXT has manufacturing facilities
in China and invests in joint ventures in China producing raw
materials. For more information, see AXT’s website at
http://www.axt.com.
Safe Harbor Statement
The foregoing paragraphs contain forward-looking
statements within the meaning of the Federal securities laws,
including, for example, statements about our business growth and
the expected contribution that Dr. Lin will provide. These
forward-looking statements are based upon assumptions that are
subject to uncertainties and factors relating to the company’s
operations and business environment, which could cause actual
results to differ materially from those expressed or implied in the
forward-looking statements contained in the foregoing discussion.
These uncertainties and factors include but are not limited to: the
ability of Dr. Lin to contribute effectively, overall conditions in
the markets in which the company competes; global financial
conditions and uncertainties; policies and regulations in China;
the relocation of the company’s manufacturing operations in China;
market acceptance and demand for the company’s products; the impact
of factory closures or other events causing delays by our customers
on the timing of sales of our products; our ability to control
costs, our ability to utilize our manufacturing capacity; product
yields and their impact on gross margins; and other factors as set
forth in the company’s Annual Report on Form 10-K, quarterly
reports on Form 10-Q and other filings made with the Securities and
Exchange Commission. Each of these factors is difficult to
predict and many are beyond the company’s control. The company does
not undertake any obligation to update any forward-looking
statement, as a result of new information, future events or
otherwise.
Contact:
Gary Fischer
Chief Financial Officer
(510) 438-4700
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