Mr. Raju Kankipati report

POET'S JV, SUPER PHOTONICS XIAMEN, EXPANDS PRODUCTION CAPACITY TO SUPPORT CUSTOMER DEMAND

Poet Technologies Inc.'s joint venture, Super Photonics Xiamen (SPX), is expanding production capacity to support anticipated customer demand for 2024 and beyond.

"SPX has received purchase orders from customers, and we are excited about the strong demand for the Poet engines in 2024 and beyond. Our team has placed orders for additional precision die bonders, testers and additional equipment that will expand production capacity to fulfill the customer orders on hand and expected in the near future," said Xiaozhong Zheng, chief executive officer of SPX. "Our team is working to improve production efficiencies that will expand capacity well beyond what the equipment itself will provide."

SPX expects to ramp production of Poet's Optical Interposer-based optical engines for 100G CWDM4, Poet ONE (a 100G single-chip TxRx engine), 100G LR4, 200G FR4, 400G FR4 and 800G 2xFR4 solutions. Compared with modules built with conventional chip-on-board and silicon photonics-based components, Poet's optical engines are highly differentiated, hybrid-integrated products. Poet's wafer-scale assembly process and passive alignment techniques result in chip-scale optical engines that offer superior performance and lower assembly cost for makers of pluggable transceivers.

"Some of our transmit and receive optical engines are already in low-volume production and we expect to add a few more products to the production list by end of the year. Our 100G CWDM and LR4 transmit and receive engines and the 400G/800G receive engines are quite popular with module customers because of the simplicity of the solution and the elimination of active alignments that are required by conventional assembly methods," said Raju Kankipati, senior vice-president and genera manager of Poet North America. "We expect to capitalize on the steady market demand in China for our legacy products as Poet further develops our high-speed products for next-generation networks and AI applications."

The ethernet transceiver market for the products that SPX and Poet expect to be in production by early 2024 is projected by LightCounting to have an estimated cumulative value of $12-billion over the 2024 to 2028 period.

About Poet Technologies Inc.

Poet is a design and development company offering integration solutions based on the Poet Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multichip module using advanced wafer-level semiconductor manufacturing techniques and packaging methods. Poet's Optical Interposer eliminates costly components and labour-intensive assembly, alignment and testing methods employed in conventional photonics. 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 centres. Poet is headquartered in Toronto, with operations in Allentown, Pa., Shenzhen, China, and Singapore.

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