SAN JOSE, Calif., July 3, 2019 /PRNewswire/ -- NeoPhotonics Corporation (NYSE: NPTN), a leading designer and manufacturer of advanced hybrid photonic integrated circuit based modules and subsystems for bandwidth-intensive, high speed communications networks, today announced that it will exhibit its extensive suite of products for the highest speed optical networks at the Fiber Optic Expo (FOE) at Aomi Hall in Tokyo, Japan, on Stand 12-43 in Hall B, July 17th to July 19th.
NeoPhotonics has been at the forefront of introducing new technologies to increase the speed and capacity of optical networks and of implementing those technologies in high volume manufacturing such that benefits can be realized broadly in the market. Illustrating this, NeoPhotonics announced that it has achieved significant cumulative production milestones for critical components used in the highest speed and highest capacity optical communications systems.
NeoPhotonics was among the first companies to design and produce in volume a Photonic Integrated Circuit (PIC) device called an Arrayed Waveguide Grading (AWG), which enabled multiple separate optical signals to be transmitted over a single fiber, increasing the capacity of that fiber by a factor of 40 or more. To date NeoPhotonics has shipped a cumulative total of a half million AWGs, providing more than 20 million wavelength channels to optical systems worldwide.
Similarly, NeoPhotonics pioneered the development and volume manufacturing of two key PIC components that are used in Coherent Transmission: Ultra-narrow Linewidth Tunable Lasers and Integrated Coherent Receivers (ICRs). In a coherent system, these components enable the bandwidth of each individual wavelength channel to increase by a factor of 10 to 60 or more versus direct detection approaches. To date NeoPhotonics has now reached a cumulative shipment total of more than one million tunable lasers and more than a half million ICRs, which have been deployed in coherent networks globally.
Taken together, these three products have made a significant contribution to increasing the total information carrying capacity of a single optical fiber from 10 Gbps (billion bits per second) to more than 30 Tbps (trillion bits per second), or more than a factor of 3000 times.
"We are gratified to reach these significant shipment totals on these key products because they represent the tangible contribution we have made to the global communications infrastructure," said Tim Jenks, Chairman and CEO of NeoPhotonics. "We are constantly developing newer products and technologies for higher speeds, higher capacity and higher levels of photonic integration. Our focus on ramping production of new products quickly to volume continues to drive our company and to achieve the results sought by the customers we serve," concluded Mr. Jenks.
NeoPhotonics is a leading designer and manufacturer of optoelectronic solutions for the highest speed communications networks in telecom and datacenter applications. The Company's products enable cost-effective, high-speed data transmission and efficient allocation of bandwidth over communications networks. NeoPhotonics maintains headquarters in San Jose, California and ISO 9001:2015 certified engineering and manufacturing facilities in Silicon Valley (USA), Japan and China. For additional information visit www.neophotonics.com.
© 2019 NeoPhotonics Corporation. All rights reserved. NeoPhotonics and the red dot logo are trademarks of NeoPhotonics Corporation. All other marks are the property of their respective owners.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
This press release includes statements that qualify as forward-looking statements under the Private Securities Litigation Reform Act of 1995, including those related to industry trends and expected demand for high speed network applications. Readers are cautioned that these forward-looking statements involve risks and uncertainties and are only predictions based on the company's current expectations, estimates and projections about their respective industry and business, management's beliefs, and certain assumptions made by the company, all of which are subject to change and which may differ materially from actual future events or results. The actual company results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks, uncertainties and assumptions. Certain risks and uncertainties that could cause the company's results to differ materially from those expressed or implied by such forward-looking statements as well as other risks and uncertainties relating to the company's business, are described more fully in the Company's Annual Report on Form 10-K for the year ended December 31, 2018, as well as in the Company Quarterly Report on Form 10-Q for the three month periods ended March 31, 2019, filed with the Securities and Exchange Commission.
Beth Eby, Chief Financial Officer
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