PTK:CC - POET Technologies: Enters a Joint Venture Agreement with Leading LED Producer

2024-03-27 17:08:02 ET

Signed Joint Venture Agreement with Sanan IC

POET Technologies is a design and development company offering integration solutions based on the POET Optical Interposer™. This is a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module. Further, it does so using advanced wafer-level semiconductor manufacturing techniques and packaging methods. POET’s Optical Interposer eliminates costly components as well as labor-intensive assembly, alignment, burn-in and testing methods employed in conventional photonics. Moreover, 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.

Joint Venture

POET Technologies has signed a US$50 million Joint Venture Agreement with Sanan IC who is the worlds leading producer of LEDs. They've also applied for the registration of Super Photonics Xiamen Co., Ltd. (“Super Photonics”). This will offer a new generation of cost-effective, high-performance optical engines to transceiver module manufacturers, systems suppliers, data center operators and network providers globally.

Sanan develops and provides GaAs, GaN, SiC, and InP foundry services with its state-of-the-art III-V compound semiconductor fabrication facilities. Additionally, Sanan empowers the global community of RF, millimeter wave, filter, power electronics, and optical communications markets with its advanced process technology platform.

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