News Article
Aixtron slashes revenue expectations by 25 percent
Despite generally positive results and continuing development activities in the optoelectronics industry, the LED market slowed down towards the end of 2011
Marketing firm Strategy Analytics says that the LED segment has adversely affected the semiconductor market.
The firm's report, “Compound Semiconductor Industry Review July-September 2011: Optoelectronics,” captures product, technology, contract and financial announcements for companies such as Aixtron, IQE, Kopin, Soitec, Oclaro, GigOptix, Cree, JDSU, Avago Technologies, Finisar and Osram.
“When a leading equipment manufacturer in the very front end of the supply chain revises revenue and backlog expectations substantially downward, the entire segment takes notice,” observed Eric Higham, Director of the Strategy Analytics GaAs and Compound Semiconductor Technologies Service. “Mid- to long-term prospects for the LED market remain positive, but continuing economic turmoil and rapidly dropping prices have manufacturers in the LED supply chain on edge.”
Asif Anwar, Director, Strategy Analytics Strategic Technologies Practice added, “The optoelectronics market appears poised for growth. Optical device and network manufacturers are targeting 40 and 100 Gbps systems, a number of new LED products have been introduced and the US Department of Energy continues to make large investments in solar energy.”