Hey Breeze67 – for you Sir - please
That's at play!
Q: How does a giant company like Sanan Optoelectronics, from all the way across the world, hear about a small company like POET?
Vivek Rajgarhia: Like most things in the world, it starts through your network. A former colleague reached out after hearing about some of us joining POET, and said it looked pretty interesting. And at the same time Xiamen Sanan had been looking to expand its presence in the data center market. It already has a huge portion of the world’s LED market, and about seven years ago it saw growth opportunities in 5G and data centers. They created a subsidiary called Sanan IC, which is providing foundry services for GaAs [gallium arsenide] and GaN [gallium nitride] products, but also making power amplifiers that go into 5G base stations.
They have set up an InP [indium phosphide] supply chain and a world-class foundry for InP wafers that can support the growth in the data center market. They are well positioned in the 5G market, especially within the base station networks, but they still need to get to a level similar to their position in the LED market.
Sanan IC saw that POET has a platform that can take their InP-based devices and evolve them to make a deeper penetration into the cloud data center market and also 5G, because 5G is also using optical components. Once we showed them our technology we were able to build an agreement.
Cheers