Jun. 21 at 6:50 PM
$AXTI $IQEPF today More than 25 major companies and foundries globally produce epitaxial (epi) wafers for optical, optoelectronic, and telecommunication applications. The market is dominated by a few global "pure-play" epitaxial suppliers, alongside massive semiconductor conglomerates and vertically integrated companies that manufacture their own materials
The global InP (Indium Phosphide) substrate wafer market is highly concentrated, with over 90% of worldwide production controlled by just three major companies: Japan's Sumitomo Electric, US-based AXT, and Japan's JX Nippon Mining & Metals (formerly JX).