Re: Semi today
in response to
by
posted on
Sep 28, 2020 02:19PM
Thanks, Smitty. This is music to my ears. Fantastic! Can you even imagine this and what it could be worth?????
“In five years' time we'd like to have seen the optical interposer transform the optical industry in the same way that transistors transformed the electronics industry,” says Rajgarhia.
"Cash-wise, the future also looks bright. Based on the number of Ethernet ports shipped and optical transceiver modules sold, POET has calculated the total available market for all optical transceivers to be some $2.5 billion this year, growing to $7 billion come 2025. Of this, the company reckons the joint venture can serve a market worth around $1.5 billion in 2020 and $3.5 billion in 2025, and anticipates associated revenues to exceed more than $250 million in 2024 to 2025.
And according to Rajgarhia, these figures don't actually take into account POET's activities outside of the joint venture. The company also hopes to expand into other markets including artificial intelligence and 5G telecommunications. Indeed, Sanan Optoelectronics currently has a huge presence in 5G, so this market could be a natural extension for POET and the joint venture.
“In five years' time we'd like to have seen the optical interposer transform the optical industry in the same way that transistors transformed the electronics industry,” says Rajgarhia. “This may be a big goal, but that's the impact that we want.”