News Article

$28m Fund Lets AOI Expand To Meet Demand

The US optoelectronics manufacturer secures a further round of private capital to expand its busy optical transceiver production facilities.

Texas-based supplier of diode lasers, photodiodes, and related equipment Applied Optoelectronics, Inc. (AOI) has increased the total capital raised over the ten years since it was established to $68.9 million with the latest $28 million worth of venture funding.

AOI told that with most of its production lines operating at capacity, all involved parties saw the need for expansion to meet the strong demand for its products.

“Finishing our E round reflects the confidence the investment community has in AOI and our desire to expand our presence in the fiber-optic market," explained founder, president and CEO of AOI, Thompson Lin.

The main investment is focused on the expansion of manufacturing in packaging and modules, however the four MBE reactors that AOI uses to draw all of its wafers will have to keep pace with the rest of its production ramp.

AOI further explained that as market conditions in the sector improved it intended to take advantage of this opportunity, extracting maximum benefit from existing products, to support development in new areas and increase headcount at its sites.

CS International to return to Brussels – bigger and better than ever!

The leading global compound semiconductor conference and exhibition will once again bring together key players from across the value chain for two-days of strategic technical sessions, dynamic talks and unrivalled networking opportunities.

Join us face-to-face between 28th – 29th June 2022

  • View the agenda.
  • 3 for the price of 1. Register your place and gain complementary access to TWO FURTHER industry leading conferences: PIC International and SSI International.
  • Email  or call +44 (0)24 7671 8970 for more details.

*90% of exhibition space has gone - book your booth before it’s too late!


Search the news archive

To close this popup you can press escape or click the close icon.
Register - Step 1

You may choose to subscribe to the Compound Semiconductor Magazine, the Compound Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.

Please subscribe me to:


You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
Live Event