POET Technologies Ord Shs V.PTK

Alternate Symbol(s): POET

Technology Semiconductors

POET Technologies Inc. is a design and development company. It offers high-speed optical engines, light source products and custom optical modules to the artificial intelligence (AI) systems market and to hyperscale data centers. Its photonic integration solutions are based on the POET Optical Interposer, a novel, patented platform that allows the integration of electronic and photonic devices into a single chip using wafer-level semiconductor manufacturing techniques. Its Optical Interposer-based products consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition, it has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. Its Optical Interposer platform solves device integration challenges across a range of communication, computing and sensing applications.

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POET Technologies Ord Shs > GlobalFoundries it will build a new fabrication plant

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Comment by ark88on Jun 22, 2021 12:16pm

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RE:RE:RE:GlobalFoundries it will build a new fabrication plant

I'm sure many on Agora would readily point out the JV plant in China as an example of "investment". Well, I would just like to point out the importance of the word "customer" here.
Isn't this issue in fact the critical missing piece with the market not fully understanding what POET has? Doesn't POET management in fact have a long history with suggesting that the customer/s are just waiting for this milestone or that milestone.

maestrodrumboe wrote:

ark88 wrote: Interesting, the part about investment in the new plant from "committed customers".
This is not a one off. One sees these types of deals throughout the semi industry because the eco-system and supply chain is critical to everyones business, EXCEPT POET. Why?

ark88 wrote: https://www.cnbc.com/2021/06/22/globalfoundries-announces-new-singapore-plant.html

SINGAPORE — U.S.-headquartered semiconductor manufacturer GlobalFoundries announced Tuesday that it will build a new fabrication plant in Singapore to meet the unprecedented global demand for chips.

The new facility will be developed in partnership with the Singapore Economic Development Board and with co-investments from committed customers, GlobalFoundries said. More than $4 billion will be invested into the development, according to the company.

“Our new facility in Singapore will support fast-growing end-markets in the automotive, 5G mobility and secure device segments with long-term customer agreements already in place,” GlobalFoundries CEO Tom Caulfield said in a statement.

Could it possibly be that POET has nothing yet to offer at this point.Seems very likely that 9 out 10 people are still skeptical that they don't have a marketable product until proven otherwise. the 10th person is probably lying..