Yunnan Lincang Xinyuan Germanium Industry

Yunnan Xinyao Semiconductor Materials, a subsidiary of Yunnan Lincang Xinyuan Germanium Industry, signed a deal with Applied Optoelectronics to supply 180,000 four-inch N-type indium phosphide substrates per year from 2027 to 2031. The first-year transaction value is $194 million.