POET and Sanan IC sign LOI to form $50 million joint venture

POET Technologies and Xiamen Sanan Integrated Circuit Co. Ltd. signed a Letter of Intent to establish a joint venture to manufacture optical engines based on POET's Optical Interposer platform. The JV will be formed with contributions of US$50 million.

“Combining the advanced wafer foundry manufacturing platform capabilities of Sanan IC with the true wafer-scale and hybrid integration approach of the POET Optical Interposer platform, we will be able to offer transceiver manufacturers the ability to span several generations of devices and unlimited ”poet-technologies.com

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• poet-technologies.comPOET and Sanan IC Sign LOI to Form $50 Million Joint Venture | POET TechnologiesJun 30, 2020

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