Showing posts with label Neophotonics. Show all posts
Showing posts with label Neophotonics. Show all posts

Tuesday, May 8, 2018

NeoPhotonics posts revenue of $68.6 million, 100G and up now at 86% of sales

NeoPhotonics reported Q1 revenue of $68.6 million, down 4% year-over-year and 11% quarter-over-quarter. The gross margin was 13.4%, compared to 20.4% in the prior quarter. There was a GAAP net loss of $18.2 million, compared to a net loss of $14.3 million in the prior quarter. Non-GAAP net loss amounted to $14.6 million, compared to a net loss of $11.7 million in the prior quarter.

“Continuing our focus on 100G and above High Speed Products, which reached the highest proportion of revenue in our history at 86% in the quarter, we introduced and demonstrated new products for 400G and 600G coherent and datacenter applications. During the quarter we saw strength in metro and DCI deployments, driven by North America, and we have accelerating demand for these segments going into the remainder of the year,” said Tim Jenks, NeoPhotonics Chairman and CEO. “At the same time, while demand in China had stabilized, the recent regulatory and trade actions have introduced new uncertainty in that region, we continue to monitor and adjust plans accordingly.”

Tuesday, March 13, 2018

NeoPhotonics demos Nano-ITLA ultra-compact external cavity tunable laser

At this week's OFC in San Diego, NeoPhotonics is demonstrating its Nano-ITLA ultra-compact external cavity tunable laser.

The NeoPhotonics Nano-ITLA, which is based on the same external cavity technology used in the company's Micro-ITLA product line, maintains the ultra-narrow linewidth, the low frequency phase noise performance, and the low power consumption of the current product in a compact package approximately one half the size.

The Nano-ITLA utilizes an ASIC control IC that reduces the size of the electronic control circuitry.  The laser can also be used separately with the ASIC mounted on the customer's circuit board.  Using both approaches, the Nano-ITLA is well suited for use in 400ZR small form factor pluggable coherent modules, including OSFP and DD-QSFP, and for compact daughter cards for 600G and 1.2T applications.

NeoPhotonics says that increasing the symbol rate to 64 Gbaud and using higher order modulation, such as 16 QAM to 64 QAM, can increase the data rate per wavelength to 400G or 600G for coherent communications, but will require the most stable, ultra-narrow linewidth laser sources.

"We are pleased to demonstrate our new ultra-compact Nano-ITLA at OFC.  By doing so, we are assuring our customers of the superior features of this uniquely capable laser, which enables the next generation of 400G and 600G compact optical modules.  This Nano-ITLA delivers all of the performance advantages our customers currently enjoy with our external cavity design, but with the laser size reduced by half," said Tim Jenks, Chairman and CEO of NeoPhotonics. "Shrinking the size while maintaining performance is made possible by our Advanced Hybrid Photonic Integration technology," concluded Mr. Jenks.

Tuesday, March 6, 2018

NeoPhotonics shows 64 GBaud for 600G and 1.2T coherent transport

NeoPhotonics is currently shipping a suite of 64 GBaud optical components for coherent systems operating at 600G and 1.2T.  64 GBaud components double the symbol rate over standard 100G (32 GBaud) coherent systems.

The NeoPhotonics suite use three optical components to enable single channel 600G or dual channel 1.2T transmission:

  • 64 GBaud CDM -- NeoPhotonics 64 GBaud, polarization multiplexed, quadrature coherent driver modulator (CDM) is shipping in limited availability and features a co-packaged InP modulator with a linear, high bandwidth, differential driver in a compact package designed to be compliant with the anticipated OIF Implementation Agreement. Co-packaging the InP IQ modulator with the driver enables an 85% reduction in line card board space compared to equivalent lithium niobate solutions. Furthermore, this facilitates transceiver applications up to 600 Gbps on a single wavelength for next-generation transport modules..
  • 64 GBaud Micro-ICR -- NeoPhotonics Class 40 High Bandwidth Micro-Intradyne Coherent Receiver (Micro-ICR) is in volume production and is designed for 64 GBaud symbol rates, doubling the RF bandwidth of standard 100G ICRs. The 64 GBaud Micro-ICR supports higher order modulation such as 64 QAM. The compact package is designed to be compliant with the OIF Implementation Agreement OIF-DPC-MRX-02.0.
  • Low Profile Micro-TL -- NeoPhotonics ultra-narrow linewidth external cavity tunable laser has been proven in volume production and is now configured in a smaller, lower profile package, which is designed to meet the stringent requirements for packaging density in pluggable modules. The external cavity laser design has a significantly narrower linewidth than competing designs, which is especially advantageous for higher order modulation formats. The laser is available in a compact package Integrable Tunable Laser Assembly form factor designed to be compliant with the OIF Implementation Agreements OIF-MicroITLA-01.1 and OIF-ITLA-MSA-01.3.

NeoPhotonics said its solution supports transmission over data center interconnect (DCI) distances of up to 80 km. The components also support 400G over metro distances of 400-600 km using 64 GBaud and 16 QAM or 200G over long-haul distances of greater than 1000 km using 64 GBaud and QPSK.

“All three elements of our suite of optical components for 600G and 1.2T are now available and shipping to customers, allowing them to take advantage of the performance of all three elements to optimize their system performance,” said Tim Jenks, Chairman and CEO of NeoPhotonics. “We ensure that each element is designed to work seamlessly with the others and offer our customers a complete optical solution, both increasing performance and reducing development time” continued Mr. Jenks.

Monday, March 5, 2018

NeoPhotonics intros 53 GBaud Linear Optical Components

NeoPhotonics announced its 53 GBaud Linear Optical Component family, which includes  PAM4 capable optical components for 100G and 400G cloud data center and other client applications, including drivers and EML lasers in transmitters plus PIN photodetectors and TIAs in receivers.

The 53 GBaud Linear Optical Component family from NeoPhotonics includes:

  • 53 GBaud Open Drain Driver (ODD) for linear operation of EML lasers. With a typical 90mW of power consumption per channel and small size, this high speed driver is well suited for space and power efficiency in small form factor pluggable modules.
  • 53 GBaud MZM drivers for Silicon Photonics modulators. This quad driver has a high 3.5Vppd output per channel and a typical 2.2W low power consumption for all four channels designed for small form factor pluggable modules.
  • 53 GBaud CWDM4 EML, which includes the option for integration with NeoPhotonics’ open drain driver. Over the operating temperature range from 20 to 70C, this EML is a preferred transmitter solution for PAM4 for intra-datacenter applications.
  • 53 GBaud PIN photodetectors. The side illumination structure of the PIN PD enables a simple coplanar assembly with mux/demux chip and TIA well suited for compact modules.
  • 53 GBaud Transimpedance Amplifier (TIA). With low noise and a typical power consumption of 60mA over a 3.3V rail, this TIA is well suited for receiver signal amplification for up to 10km transmission. 

“Our complete 53 GBaud Linear Optical Component family, with a typical bandwidth of 35 GHz for all these optical components, provides all needed optical components for single lambda 100Gbps transmitters and receivers, scalable to 400 Gbps transceivers with CWDM4 wavelengths.” said Tim Jenks, Chairman and CEO of NeoPhotonics.  “NeoPhotonics is pleased to now also support the cloud data centers and the industry with a solid and growing portfolio of cost effective optical components based on NeoPhotonics’ high speed platforms of GaAs driver, InP EML/PIN PD, and SiGe TIA,” continued Mr. Jenks.

Thursday, February 22, 2018

NeoPhotonics ships 64 GBaud Coherent for 600G and 1.2T

NeoPhotonics announced the commercial shipment of its suite of 64 GBaud optical components for coherent systems operating at 600G and 1.2T.   The suite consists of three critical optical components:  a 64 GBaud CDM (Coherent Driver Modulator), plus a 64 GBaud ICR (Coherent Intradyne Receiver) and finally an ultra-narrow linewidth tunable laser.

NeoPhotonics said these components could be used for single channel 600G or dual channel 1.2T data transmission over data center interconnect (DCI) distances of 80 km. The components also support 400G over metro distances of 400-600 km using 64 GBaud and 16 QAM or 200G over long-haul distances of greater than 1000 km using 64 GBaud and QPSK.

“All three elements of our suite of optical components for 600G and 1.2T are now available and shipping to customers, allowing them to take advantage of the performance of all three elements to optimize their system performance,” said Tim Jenks, Chairman and CEO of NeoPhotonics.  “We ensure that each element is designed to work seamlessly with the others and offer our customers a complete optical solution, both increasing performance and reducing development time.”

Product highlights:

  • 64 GBaud CDM: NeoPhotonics 64 GBaud, polarization multiplexed, quadrature coherent driver modulator (CDM) is shipping in limited availability and features a co-packaged InP modulator with a linear, high bandwidth, differential driver in a compact package designed to be compliant with the anticipated OIF Implementation Agreement. Co-packaging the InP IQ modulator with the driver enables an 85% reduction in line card board space compared to equivalent lithium niobate solutions. Furthermore, this facilitates transceiver applications up to 600 GBps on a single wavelength for next-generation transport modules..
  • 64 GBaud Micro-ICR: NeoPhotonics Class 40 High Bandwidth Micro-Intradyne Coherent Receiver (Micro-ICR) is in volume production and is designed for 64 GBaud symbol rates, doubling the RF bandwidth of standard 100G ICRs. The 64 GBaud Micro-ICR supports higher order modulation such as 64 QAM. The compact package is designed to be compliant with the OIF Implementation Agreement OIF-DPC-MRX-02.0.
  • Low Profile Micro-TL: NeoPhotonics ultra-narrow linewidth external cavity tunable laser has been proven in volume production and is now configured in a smaller, lower profile package, which is designed to meet the stringent requirements for packaging density in pluggable modules. The external cavity laser design has a significantly narrower linewidth than competing designs, which is especially advantageous for higher order modulation formats. The laser is available in a compact package Integrable Tunable Laser Assembly form factor designed to be compliant with the OIF Implementation Agreements OIF-MicroITLA-01.1 and OIF-ITLA-MSA-01.3.

Monday, November 6, 2017

NeoPhotonics' Q3 revenue drops to $71 million

NeoPhotonics reported Q3 revenue of $71.1 million, in comparison to $73.2 million in the prior quarter, and down from $103.3 million in the same period last year. Gross margin was 14.8%, compared to 22.9% in the prior quarter. There was a net loss of$18.2 million, compared to a net loss of $9.3 million in the prior quarter.

We are focused on growth initiatives in telecom, data center and cloud markets, as well as operational execution to lower our breakeven level as China continues with steady though muted demand,” said Tim Jenks, Chairman and CEO of NeoPhotonics. “Growth drivers in our markets include Metro deployments across the globe, China high speed build-outs in advance of 5G wireless, and data centers and big data applications that are embracing our higher speed technologies and leverage NeoPhotonics’ core strengths,” concluded Mr. Jenks.
  • In October 2017, citing uncertainty in demand from China, NeoPhotonic announced a set of restructuring actions, including a reduction in force, real estate consolidation, a write-down of inventory for certain programs and assets and a write-down of idle assets. NeoPhotonics also trimmed its financial outlook for the third quarter of 2017, saying revenue is now expected to be in the range of $69 to $71 million, with GAAP gross margin of approximately 10% to 13% and GAAP loss per share of $0.50 to $0.40, inclusive of restructuring charges. Previously, the company had stated revenue expectations for the third quarter of 2017 to be $70 to $76 million, GAAP gross margin of 23% to 26%, and GAAP net loss per share of $0.21 to $0.11 and non-GAAP gross margin of 24% to 27%.

Thursday, October 5, 2017

NeoPhotonics announces layoffs and cost reduction efforts

Citing uncertainty in demand from China, NeoPhotonic announced a set of restructuring actions, including a reduction in force, real estate consolidation, a write-down of inventory for certain programs and assets and a write-down of idle assets.

NeoPhotonics also trimmed its financial outlook for the third quarter of 2017, saying revenue is now expected to be in the range of $69 to $71 million, with GAAP gross margin of approximately 10% to 13% and GAAP loss per share of $0.50 to $0.40, inclusive of restructuring charges. Previously, the company had stated revenue expectations for the third quarter of 2017 to be $70 to $76 million, GAAP gross margin of 23% to 26%, and GAAP net loss per share of $0.21 to $0.11 and non-GAAP gross margin of 24% to 27%.

“Lacking a clear indication of increased demand in China in the third quarter, we initiated several operational changes with the goal of expediting our return to profitability, including implementing certain restructuring initiatives designed to align our business with the current demand environment and lowering manufacturing output to manage inventory levels,” said Tim Jenks, Chairman and CEO of NeoPhotonics. “In taking these actions, we have maintained our research and development focus on products for next-generation coherent systems, operating at 400 Gigabits/sec to beyond 1 Terabit/sec, wherein our advanced hybrid photonic integration provides the highest value,” concluded Mr. Jenks.

Sunday, September 17, 2017

NeoPhotonics shows 64 Gbaud Coherent, enabling systems at 600 Gbps +

At this week's European Conference on Optical Communications (ECOC) in Gothenburg, Sweden, NeoPhotonics is showcasing a suite of 64 Gbaud optical components for coherent systems operating at 600G and above, effectively doubling the symbol rate over standard 100G (32 Gbaud) coherent systems

NeoPhotonics has just announced sampling of a 64 Gbaud Micro Modulator (Micro-MOD) with integrated drivers.  The company has also begun shipping its 64 Gbaud Micro Coherent Receiver (Micro-ICR) and it low-profile ultra-narrow line width tunable laser for 400G and 600G applications.

“Our 64 Gbaud symbol rate optical components for coherent transport provide system designers with the optical tools that match increases in DSP capability to enable higher spectral densities and longer reaches,” said Tim Jenks, Chairman and CEO of NeoPhotonics. “Each of these products is based on our hybrid photonic integration technology and leverages our existing proven design platforms, which allows us to ramp production rapidly to match customer demands while maintaining high quality and reliability.”

Some highlights of the suite.

  • 64 Gbaud Micro-MOD (CDM): NeoPhotonics 64 GBaud, polarization multiplexed, quadrature micro-modulator is currently being sampled to major customers and features a co-packaged InP modulator with linear, high bandwidth, differential drivers in a compact package to operate in 400G and beyond pluggable modules that demand reduced size and power consumption.
  • 64 Gbaud Micro-ICR: NeoPhotonics Class 40 High Bandwidth Micro-Intradyne Coherent Receiver is in volume production and is designed for 64 Gbaud symbol rates, doubling the RF bandwidth of standard 100G ICRs. The 64 Gbaud Micro-ICR supports higher order modulation such as 64 QAM.
  • Low Profile Micro-TL: NeoPhotonics ultra-narrow linewidth external cavity tunable laser has been proven in volume production and is now configured in a smaller, lower profile package, which is designed to meet the stringent requirements for packaging density in pluggable modules, including at 400G and 600G data rates. The external cavity laser has a significantly narrower linewidth, which is advantageous for higher order modulation formats.

NeoPhotonics presents data centre optoelectronics for CWDM4, CLR4, PSM-4 and PAM4

At this week's European Conference on Optical Communications (ECOC) in Gothenburg, Sweden, NeoPhotonics is presenting its portfolio of 100 Gbps to 400 Gbps optoelectronics for the data centre, including including CWDM4, CLR4, PSM-4 and PAM4.
The line-up includes NeoPhotonics'

  • High power 1310 nm lasers and laser arrays, which are qualified for use with low-cost, non-hermetic packages for 100G silicon photonics based QSFP28 modules.  
  • Low power consumption 28 GBaud externally modulated lasers (EML) with an integrated driver, which are designed for longer reach 4x25 NRZ 100G, 4x50 PAM4 200G, and 8x50 PAM4 400G data center applications.  
  • A 56 Gbaud EML with an integrated driver, which is designed for use in 4x100 PAM4 configurations for 400G data center application
  • A line of high power, uncooled 1310nm CW DFB lasers and laser arrays that are qualified to the Telcordia GR-468-CORE Issue 2 standard and which are designed for specific silicon-based high speed analog and digital electronic devices and related photonic components.
  • A new 28 GBaud EML for longer reaches that integrates a driver, which utilizes NeoPhotonics low power linear GaAs amplifier technology, with NeoPhotonics 28 GBaud EML at the chip-on-carrier, or CoC, level. This is designed for 100Gbps QSFP28 and CFP4 form factors and it fits into a four channel transmitter optical sub-assembly, or Quad TOSA, eliminating the need for a separate driver on the board. NeoPhotonics is also targetting PAM4 in 200 Gbps to 400 Gbps applications. The integrated linear driver of the new CMOS-drivable 28 GBaud EML enables a simple and direct connection to the PAM4/CDR IC.   

“Our laser components are key elements for optical modules used inside the datacenter suppling the light for short reach Silicon Photonics based 100G transceivers and the modulated light for longer reach PAM4 based 100G and 400G transceivers,” said Tim Jenks, Chairman and CEO of NeoPhotonics.  “While the laser architectures are different, both are designed by us, manufactured in our internal fabs and utlize our hybrid photonic integration technology for high performance and high reliability”.

Dr. Winston Way, NeoPhotonics CTO, Systems, is also presenting a paper at ECOC entitled “Applications of 64 Gbaud Optical Components and Modules”.

Tuesday, August 15, 2017

NeoPhotonics appoints new CFO

NeoPhotonics announced the appointment of Elizabeth “Beth” Eby as Senior Vice President and Chief Financial Officer, replacing Sandra Waechter, Interim Chief Financial Officer, effective immediately.

Beth Eby brings to NeoPhotonics more than 25 years of financial experience at Intel Corporation where she most recently held the position of Vice President of Finance and Group Chief Financial Officer for Intel’s Internet of Things Group. Prior to that she was Vice President of Finance and Group Controller for Corporate Financial Planning & Reporting where she was responsible for all financial, audit committee and SEC reporting. Over the course of her career Ms. Eby also held finance leadership roles related to cost and manufacturing, sales and product planning, including two multi-year assignments in Asia. Ms. Eby obtained a MBA degree from Carnegie Mellon Graduate School of Business and a B.S. in Applied Mathematics from University of Michigan.

http://www.neophotonics.com

Thursday, August 3, 2017

NeoPhotonics Posts Q2 Revenue of $73 Million

NeoPhotonics reported Q2 revenue of $73.2 million, up $1.5 million, or 2%, from the prior quarter, but down from $99 million for the same period last year. Gross margin was 22.9%, down from 25.8% in the prior quarter
Non-GAAP Gross margin was 23.9%, down from 26.3% in the prior quarter. The was a net loss of $9.3 million, an improvement from a net loss of $11.5 million in the prior quarter.

"We are pleased to report revenue of $73.2 million at the upper end of our previously-announced outlook range and representing sequential growth from the first quarter, including modest sequential growth in China despite an inventory overhang,” said Tim Jenks, Chairman and CEO of NeoPhotonics. “While the near term outlook in China isn’t certain, we see positive indicators there for the longer-term and we see strong current demand in North America. We anticipate robust growth in the medium and long term driven by metro, data center interconnect, a normalized China market and the emergence of 400G and above,” concluded Mr. Jenks.

http://www.neophotonics.com

Monday, May 8, 2017

NeoPhotonics reports Q1 revenue of $71.69m, net loss of $11.52m

NeoPhotonics, a designer and manufacturer of optoelectronic solutions for the communications networks for telecom and data centres applications, announced financial results for its first quarter ended March 31, 2017, as follows:

1.         Revenue for the first quarter of 2017 of $71.69 million, down 34.7% versus $109.84 million in the fourth quarter and down 27.7% from $99.14 million in the first quarter of 2016.

2.         Gross income for the first quarter of $18.50 million, down 40.3% versus $31.03 million in the fourth quarter and down 40.5% from $31.12 million in the first quarter of 2016.

3.         R&D expenditure for the first quarter of $15.54 million, up 2.4% versus $15.17 million in the fourth quarter and up 20.0% from $12.95 million in the first quarter of 2016.

4.         SG&A expenditure for the first quarter of $16.36 million, up 30.0% versus $12.58 million in the fourth quarter and up 25.8% from $13.01 million in the first quarter of 2016.

5.         Total operating expenditure for the first quarter of $30.38 million, up 4.1% versus $29.19 million in the fourth quarter and up 15.0% from $26.42 million in the first quarter of 2016.

6.         On a GAAP basis, a net loss for the first quarter of $11.52, versus net income of $2.00 in the fourth quarter and net income of $2.31 million in the first quarter of 2016.

On a non-GAAP basis, a net loss for the first quarter of $10.74 million, versus net income of $6.29 million in the fourth quarter and net income of $6.95 million in the first quarter of 2016.

7.         Cash, cash equivalents and short-term investments as of March 31, 2017 of $87.75 million, compared with $101.51 million as at December 31, 2016.

Additional results and notes

For the first quarter of 2017, NeoPhotonics reported that sales of high speed products were $58.7 million (82% of the total), with network products and solutions representing $13.0 million (18% of total revenue). Revenue excluding low speed transceiver products for the quarter was $70.2 million.

On a geographic basis by shipment destination, in the first quarter Americas revenue was 17% of total sales, compared to 18% in the fourth quarter, China accounted for 54% of the total, compared to 65% in the prior quarter, Japan revenue was 5%, compared to 4% in the prior quarter, with rest of the world sales 24% of the total, compared to 13% in the prior quarter.

For the first quarter, NeoPhotonic's stated it had two 10%-or-greater customers, with Ciena representing approximately 14% of total revenue, flat with the fourth quarter, and Huawei Technologies and affiliate Hi-Silicon Technologies accounting for 41% of total revenue, compared to 53% in fourth quarter, or 50% of total revenue excluding low speed products for that period.

Outlook

For the first quarter ending June 30, 2017, NeoPhotonics expects revenue of between $68 and $74 million, representing a sequential decline of 1.0% at the midpoint.

CEO comment

Regarding the results, Tim Jenks, chairman and CEO of NeoPhotonics, said, "As expected, softness in the overall China market affected sales in the first quarter… I see the China market as being in a transition as it moves from primarily national backbone to provincial and metro 100 Gbit/s deployments, while worldwide the metro and data centre interconnect markets continue to grow at a rapid pace".

Friday, March 17, 2017

NeoPhotonics Demos Coherent Transceiver for 400/600Gbps

At this week's Optical Fiber Communications (OFC) Conference and Exhibition in Los Angeles NeoPhotonics will demonstrate its pluggable Coherent CFP2-ACO module for 400G and up on a single wavelength over metro distances.

The NeoPhotonics' ClearLight CFP2-ACO Platform is capable of achieving single wavelength 200G, 400G and 600 Gbps transmission over Data center Interconnect through metro/regional distances.

The company said its ClearLight CFP2-ACO platform uses next generation optical components which are based on platforms that have been proven in volume production for 100G and 200G network applications. The platform uses NeoPhotonics’ high bandwidth Class 40 Coherent Receiver capable of 64Gbaud with 16-QAM to 64-QAM modulation.  This high bandwidth receiver maintains high sensitivity to simplify migration from 100G to 200G and 400G links.  The platform also uses NeoPhotonics’ industry leading high power, external cavity, ultra-narrow line width tunable laser with low power consumption. The ultra-narrow line widths enables higher order constellations with less processing requirements from the DSP.

The ClearLightTM  64 Gbaud CFP2-ACO demonstrates the ability to scale data capacity to 400G/600G on a single wavelength while maintaining performance and link budgets in DCI or metro/regional links.  The data capacity scaling optimizes the cost per bit and thus enables broad deployment of coherent transmission from short to long reaches.

"Our new ClearLightTM 64 Gbaud CFP2-ACO 400G/600G pluggable coherent transponder demonstrates a powerful new platform for NeoPhotonics which is capable of efficiently implementing 400G to 600G transmission networks," said Tim Jenks, Chairman and CEO of NeoPhotonics. "This exciting new platform is made possible by our Advanced Hybrid Photonic Integration technology utilizing our latest advances in high bandwidth receivers and ultra-narrow linewidth lasers in conjunction with higher order modulation, " continued Mr. Jenks.

http://www.neophotonics.com

Thursday, March 16, 2017

NeoPhotonics launches 1310nm Lasers for 100G QSFP28

NeoPhotonics has announced general availability of high power 1310 nm lasers and laser arrays qualified for applications in low-cost, non-hermetic packages for 100 Gbit/s silicon photonics-based QSFP28 modules targeting the data centre market.

NeoPhotonics stated that the new lasers and laser arrays are designed to address the need for custom high-power and non-hermetic lasers that provide the light source for silicon photonics-based transceivers providing 100 Gbit/s connectivity within the data centre. The company added that deployment of these transceivers delivered in standard MSA formats such as CWDM4, CLR4 and PSM4, typically in a QSFP28 form factor, is currently underway.

To support the emerging silicon photonics ecosystem, NeoPhotonics has developed and qualified according to the Telcordia GR-468-CORE Issue 2 standard, a range of high power, uncooled lasers and laser arrays for a number of major silicon photonics transceiver manufacturers.

NeoPhotonics' new lasers are designed to provide an efficient, high power light source that leverages a specific implementation of silicon-based high speed analogue and digital electronic devices and photonic components. The high power 1310 nm CW DFB lasers are qualified compliant with Telcordia GR-468-CORE Issue 2, which encompasses criteria including damp heat testing for powered non-hermetic devices. The products are production ready.

NeoPhotonics noted that its lasers are designed with a focus on three key customer requirements: the need for high optical power output, ranging from 40 to 7 0mW, for both NRZ and PAM4 modulation; proven reliability in non-hermetic packages to meet the volume and low cost requirements associated with mega-data centre applications; and custom features to allow the use of automated laser attach and alignment methods to help reduce assembly costs.

Regarding the products, Tim Jenks, chairman and CEO of NeoPhotonics, said, "These uncooled, high power non-hermetic CW DFB lasers and laser arrays are a key component for… emerging 100, 200 or 400 Gbit/s silicon photonics-based transceivers for data centre switching applications… the new lasers illustrate the wide ranging applications for NeoPhotonics' advanced hybrid photonic integration technology, efficiently combining high power InP laser technology with partners' silicon photonics modulator technology".

Wednesday, March 15, 2017

NeoPhotonics reports Q4 revenue of $109.84m, up 23.6% yr/yr

NeoPhotonics, a designer and manufacturer of optoelectronic solutions for high speed communications networks, announced financial results for its fourth quarter and year ended December 31, 2016, as follows:

1. Revenue for the fourth quarter of 2016 of $109.84 million, up 6.3% versus $103.31 million in the third quarter and up 23.2% from $89.12 million in the fourth quarter of 2015.

2. Gross income for the fourth quarter of 2016 of $31.03 million, up 13.0 % versus $27.45 million in the third quarter and up 23.6% from $25.11 million in the fourth quarter of 2015.

3. R&D expenditure for the fourth quarter of 2016 of $15.17 million, down 13.1% versus $17.47 million in the third quarter and up 28.8% from $11.83 million in the fourth quarter of 2015.

4. SG&A expenditure for the fourth quarter of 2016 of $12.58 million, down 20.2% versus $15.76 million in the third quarter and down 3.4% from $13.02 million in the fourth quarter of 2015.

5. Total operating expenditure for the fourth quarter of 2016 of $29.19 million, down 13.6% versus $33.84 million in the third quarter and up 13.3% from $25.76 million in the fourth quarter of 2015.

6. On a GAAP basis, net income for the fourth quarter of 2016 of $2.00, versus net loss of $7.19 in the third quarter and net income of $399,000 in the fourth quarter of 2015.

On a non-GAAP basis, net income for the fourth quarter of 2016 of $6.29 million, versus net income of $2.92 million in the third quarter and net income of $6.92 million in the fourth quarter of 2015.

7. Cash, cash equivalents and short-term investments as of December 31, 2016 of $101.51 million, compared with $100.09 as at September 30, 2016 and $99.38 million as at December 31, 2015.

Additional results and notes

For the full year 2016, NeoPhotnics reported revenue of $411.42 million, compared with $339.44 million in 2015, with net loss of $205,000, compared with net income of $3.67 million in 2015.

For the fourth quarter of 2016, the company noted that sales of high speed products were $78.5 million (72% of the total), with network products and solutions representing $31.3 million (28% of total revenue), while revenue excluding low speed transceiver products for the quarter was $97 million, up 52% versus the prior year period and up 8% from the third quarter.*

On a geographic basis by shipment destination, in the fourth quarter Americas revenue was 18% of total sales, compared to 19% in the third quarter, China accounted for 65% of the total, compared to 61% in the prior quarter, Japan revenue was 4%, compared to 5% in the prior quarter, with rest of the world sales 13% of the total, compared to 15% in the prior quarter.

For the fourth quarter, NeoPhotonic's stated it had two 10%-or-greater customers, with Ciena representing approximately 14% of total revenue, compared to 15% in the third quarter, and Huawei Technologies accounting for 53% of total revenue, compared to 48% in third quarter.

Outlook

For the first quarter ending March 31, 2017, NeoPhotonics expects revenue of between $67 and $73 million, representing a sequential decline of 36.2% at the midpoint.

* NeoPhotonics closed the sale of its low speed transceiver business in January 2017.

http://www.neophotonics.com

Tuesday, March 7, 2017

NeoPhotonics Develops Micro Modulator for 400~600 Gbps

NeoPhotonics has developed a 64 GBaud, polarization multiplexed, quadrature micro-modulator (Micro-MOD) implemented in a small form factor (3.9x27x13 mm) package.  The unit is co-packaged with a quad-channel, differential 64 GBaud driver with an Indium Phosphide based Mach-Zehnder (MZ) quadrature modulator chip. It has a bandwidth over 40 GHz and exhibits low insertion loss in a small form factor modulator. By integrating the drivers inside the modulator package directly adjacent to the low power InP modulator chip, the total power requirement is 4.5 Watts.  which leverage its small size, high bandwidth and low power dissipation.

The company said its new modulator is designed for applications in pluggable coherent CFP2-ACO and CFP2-DCO modules as well as on transport line cards. The Micro-MOD could be used in 400/600 Gbps coherent transceiver modules and in line card applications. It joins the NeoPhotonics family of 64 GBaud components, including a 64 GBaud Micro-ICR and ultra-narrow linewidth tunable lasers.

"When coupled with our high bandwidth Micro-ICR and ultra-narrow linewidth tunable laser, this new micro-modulator represents a significant step in providing small form factor capability for next gen 400/600 Gbps datacenter interconnect, core metro and long haul networks for carriers worldwide,” said Tim Jenks, Chairman and CEO of NeoPhotonics. “This device is an excellent example of our advanced hybrid photonic integration capabilities as it depends on a close integration of driver and modulator chips made out of different high performance materials to achieve superior performance, low power, high reliability and stability,” continued Mr. Jenks.

http://www.neophotonics.com

Wednesday, February 15, 2017

NeoPhotonics Samples PAM4-based 400G Pluggable CFP8 Transceiver Module

NeoPhotonics has begun sampling its 400G CFP8 transceiver modules for data center interconnection and client side telecom applications.

NeoPhotonics said its 400G PAM4 (4-level Pulse Amplitude Modulation) CFP8 module, which represents the first step on the company's 400G roadmap, leverages its high speed component technologies, including its 28 Gbaud high performance and low power EMLs (Electro-absorption Modulated Lasers) as well as its high speed PIN photodiodes.

The CFP8 module relies on the company's 28 GBaud component platform, which is used in the currently deployed NeoPhotonics 100G LR4 modules and leverages NeoPhotonics continuous EML technology improvement specifically focused on lowering power consumption while assuring superior high speed performance.

“We are pleased to provide our customers this 400G CFP8 module which extends our high speed product family in a manner that leverages both our proven high performance and high volume production capabilities, providing an efficient path to high density and higher speed,” said Tim Jenks, Chairman and CEO of NeoPhotonics.  “We believe our 400G PAM4 CFP8 solution will fulfill imminent market needs by leveraging the superior link performance of our high performance EML lasers, while reducing power consumption through integration with technology leading CMOS PAM4 chipsets.  We believe that this product firmly demonstrates our leadership position at 400G,” continued Mr. Jenks.

https://www.neophotonics.com

Tuesday, February 7, 2017

NeoPhotonics Debuts 28 GBaud Externally Modulated Laser

NeoPhotonics introduced a low-power consumption 28 GBaud externally modulated laser (EML) with an integrated driver, which is designed for client side 4x25 NRZ 100G, 4x50 PAM4 200G, and 8x50 PAM4 400G applications.

NeoPhotonics new 28 GBaud EML integrates a driver, which utilizes NeoPhotonics low power linear GaAs amplifier technology, with NeoPhotonics 28 GBaud EML at the chip-on-carrier, or CoC, level. The CoC assembly fits into a four channel transmitter optical sub-assembly, or Quad TOSA, designed for 100Gbps QSFP28 and CFP4 form factors, eliminating the need for a separate driver on the board. Customers can then directly link the CMOS-based CDR IC to NeoPhotonics’ 28 GBaud CMOS drivable EML, and enjoy the benefits of simplicity, low power consumption, and space savings. In PAM4 applications, the integrated linear driver makes NeoPhotonics’ new CMOS drivable 28 GBaud EML an attractive option for 200Gbps and 400Gbps applications due to the simple and direct connection to the PAM4/CDR IC.

The new EML joins NeoPhotonics family of EML lasers, which are currently shipping in high volume for 100G datacenter and client side applications.

http://www.neophotonics.com

Monday, December 19, 2016

NeoPhotonics to Sell Low Speed Transceiver Business to APAT Optoelectronics

NeoPhotonics will sell its Access and Low Speed transceiver product lines to APAT Optoelectronics Components Co., of Shenzhen, China. The transaction is valued at approximately $26.4 million, inclusive of post-closing payments under a Transition Services Agreement.

In 2015, and for the first 9 months of 2016, the Low Speed Business generated $92.8 million and $50.7 million in revenue, respectively, and gross profit of $16.7 million and $9.7 million, respectively. Net assets for the business were approximately $18.0 million as of September 30, 2016.

Commenting on the transaction, Tim Jenks, NeoPhotonics Chief Executive Officer, stated, “After a comprehensive evaluation of the alternatives available for the Low Speed Business, we believe this transaction will best benefit our shareholders, customers, and employees. This transaction underscores our objective to focus our efforts on growing high speed optical networking products and solutions based on our advanced hybrid photonic integration technology platform to meet customer demand.” Jenks continued, “We believe the Low Speed Business will benefit from APAT OE's expertise in Access and PON products while continuing to provide quality products, support and services to customers.”

http://www.neophotonics.com

Monday, December 12, 2016

NeoPhotonics Samples 100G CFP-DCO Coherent Transceiver

NeoPhotonics has initiated sampling of its Coherent CFP-DCO module as part of its ClearLight Coherent Module platform introduction, which uses 16nm Digital Signal Processors (DSPs) and is capable of achieving single wavelength 100 and 200 Gbps transmission over Datacenter Interconnect through Long Haul transmission distances.

NeoPhotonics said its ClearLight CFP-DCO platform is based on optical components with performance capabilities that have already been proven in high volume production. These include a high power tunable laser having the narrowest linewidth and the lowest power consumption in the industry, a low insertion loss modulator capable of higher order modulation, a high responsivity receiver and a low power consumption digital signal processor.

The first release 100Gbps version uses a standard 100GE or OTU-4 interface which can plug directly into existing 100G CFP client-side slots to extend the range and capacity for metro and DCI applications. The module incorporates standard hard decision staircase forward error correction for interoperability, as well as proprietary soft decision forward error correction for high performance applications. A 200Gbps version utilizing 16-QAM is based on the same platform and utilizes the same high volume, proven coherent optical components.

"Our new ClearLight CFP-DCO 100G pluggable Coherent transponder represents a powerful new platform product for NeoPhotonics, and we are pleased to initiate sampling to customers," said Tim Jenks, Chairman and CEO of NeoPhotonics. "This exciting new product is made possible by our Advanced Hybrid Photonic Integration technology, coupled with the latest advances in 16 nm Coherent DSPs, and provides our customers with a flexible, high performance pluggable coherent module for their high speed networks," continued Mr. Jenks.

http://www.neophotonics.com

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