From the archives....
Optical Device Division Key to Company Growth
SOMERSET, N.J.--(BUSINESS WIRE)--March 8, 2001--EMCORE Corporation (NASDAQ: EMKR - news), a leading provider of semiconductor technologies for global communications applications, reported that bookings for the first two months of the current quarter are running substantially ahead of the pace set at this time last year and total $41.1 million across all product lines.
As a result of the increased demand for new datacom and telecom products, nearly half of EMCORE's material products bookings are attributable to optical device products, where growth has increased more than 10-fold from the second fiscal quarter in 2000. The Company's Optical Device Division, located in Albuquerque, N.M., offers VCSEL (Vertical Cavity Surface Emitting Laser) products including bare die, arrays, packaged components, and optical subassemblies for integration into Gigabit Ethernet, Fibre Channel, Infiniband(SM), Wave Division Multiplexing (WDM), ATM systems, and high speed telecom applications that encompass very short reach OC-192 and high speed optical backplanes.
``We anticipate that the strong demand for EMCORE's optical device products will continue to grow as bandwidth requirements increase and next generation datacom and telecom networks emerge,'' said Reuben F. Richards, Jr., President and CEO. ``Our recent bookings demonstrate that EMCORE continues to have positive customer response to our entire datacom and telecom product portfolio. In addition to the products currently driving revenue growth, the Company plans several new product introductions in the next month, further expanding our presence in the accelerating fiber optic markets.''
According to ElectroniCast Corp., an independent market research firm located in San Mateo, CA, the VCSEL-based transceiver market will continue to rapidly expand, reaching $3.4 billion in 2004 and continuing on to $14.1 billion in 2009. The drivers for the dynamic growth of optical device products, as reported by ElectroniCast, are the rapid advancement of datacom standards, penetration of the telecom market, new opportunities within Infiniband switch fabrics, and the aggressive deployment of intra-system array-VCSEL interconnects.
EMCORE's 2.5 Gbps 850 nm oxide VCSEL offers the speed, performance, and reliability demanded of next generation data communications networks. This product technology forms the critical high-speed optical link for customers' next generation serial and parallel optical transceivers for OC-192 and other markets. These VCSELs provide low current thresholds and smoother slope efficiencies to meet performance requirements of existing and future Gigabit Ethernet standards.
The Company also provides 850 nm 1x4 and 1x12 Oxide VCSEL arrays and high-speed gallium arsenide (GaAs) photodetector arrays, capable of data rates up to 3.125 Gbps. These arrays are ideal for providing high-speed optical interconnects between switches routing Internet and electronic data by enabling faster data transmission without increasing the size of the switch. |
