Optoelectronics industry growth from equipment and material suppliers

BOSTON, USA: Despite flattening revenue growth at component manufacturers Oclaro and Cree, the Strategy Analytics GaAs and Compound Semiconductors Service (GaAs) sees continued growth in the optoelectronics segment of the compound semiconductor industry because of January announcements of new products, equipment orders and capacity expansion.

The recently published report, “Compound Semiconductor Industry Review January 2011: Optoelectronics, Materials and Equipment,” captures January 2011 product, technology, contract and financial announcements for optoelectronic companies such as AIXTRON, Bridgelux, Cree, KLA-Tencor, EMCORE, JDSU, Oclaro, Agilent and IQE.

“Strong activity at the front-end of the optoelectronic supply chain should sustain continued growth for this segment in 2011,” noted Eric Higham, Director of the Strategy Analytics GaAs and Compound Semiconductor Technologies Service. “Demand for solar energy is increasing strongly. LED use is quickly expanding into a broadening range of consumer applications.”

Asif Anwar, Director in the Strategy Analytics Strategic Technologies Practice, added, “The January product, equipment and capacity announcements show strength in the optoelectronics portion of the compound semiconductor industry.”