Chinese component companies merge
5 December 2003 Fuzhou, China Lightwave -- The executive committee, board, and share holders of Koncent Communication, Inc. (Koncent), Shanghai Uniwave Technologies Co., Ltd. (Suwtech), Fujian Sandgy Optronics, Inc. (Sandgy), and Fuzhou Microlattice Semiconductor Co., Ltd. (Microlattice), have agreed to merge into a new company, named Photop Technologies, Inc. (Photop).
5 December 2003 Fuzhou, China Lightwave -- The executive committee, board, and share holders of Koncent Communication, Inc. (Koncent), Shanghai Uniwave Technologies Co., Ltd. (Suwtech), Fujian Sandgy Optronics, Inc. (Sandgy), and Fuzhou Microlattice Semiconductor Co., Ltd. (Microlattice), have agreed to merge into a new company, named Photop Technologies, Inc. (Photop).
Photop's resultant product line will include:
- passive/active components, devices, and modules for fiber-optic communication
- diode-pumped solid-state green/infrared lasers for laser display, entertainment, pointing, and laboratory use
- optical components and crystals for instruments, fiber-optic communication, and lasers
- compound semiconductor crystals (GaAs and InP) as substrates for LED, LD, and wireless communication components.
"Koncent, Suwtech, Sandgy, and Microlattice are well synergized in products, customer base, and capability," said Hongrui Wang, chairman of Photop. "In addition to our current high-quality and low-cost products, we are building a leading photonics manufacturing base for international customers by vertical integration of our resources. As a global manufacturing partner, we are always ready to co-invest production line together with our customers as well as establish dedicated production line for our customers to protect customers' IP."
Photop's photonics manufacturing services assets include more than 40,000 sq m of facilities and over 1,000 employees, including more than 300 engineers.
John Ling and Sunny Sun are CEO and chief operation officer, respectively, of Photop.
