In brief: Avanex, Harvatek, InPhenix
Avanex sees progress
Avanex, the US company that acquired Alcatel Optronics in May 2003, posted a net loss of $24.4 million on revenue of $41.9 million in its second quarter, ended 31 December 2004.
Although the loss is slightly greater than that of the prior quarter, it represents a substantial improvement on the $33.5 million net loss seen one year ago.
Calculating its results on a pro forma basis, Avanex says that it was slightly in the black at the gross margin level thanks to a $3.6 million adjustment.
"We realized 17% sequential revenue growth for the December quarter," said Avanex CEO Jo Major. "This was the first quarter in over two years that the company achieved positive gross margins on a pro forma basis."
Revenue in the current quarter will be flat, forecast Avanex.
Harvatek expands
Taiwan-based surface-mount LED manufacturer Harvatek says that it is opening sales, marketing and product development offices in both the Americas and Europe.
The operations will be come under the banner of Harvatek International. Former Fairchild Semiconductor employee PC Yong will act as president, while Peter Perniciaro is VP of sales.
Harvatek recently signed a royalty-bearing license with Osram, allowing the Taiwanese company to make and sell white LEDs (based on InGaN chips and phosphor converters) that are widely used in cell phone and car radio backlights.
InPhenix receives ISO 9001:2000
Californian optoelectronic chipmaker InPhenix has received ISO 9001:2000 certification for its manufacturing of optoelectronic components and modules.
The Livermore company owns a wafer fab that produces GaAs and InP chips, where it also offers foundry services.