MAY 27, 2010 -- Phyworks announced shipment of its 30 millionth chip, as well as a predicted revenue growth in 2010 of 90%. The company cites revenue increases in core PON (passive optical network), mobile backhaul, and equalizer markets as key contributing factors.
Phyworks CEO Stephen King says, "Focus on the global PON market has allowed us to gain additional market share in the last year. This coupled with overall growth in the market has meant we're experiencing significant increased shipments of all products into the ONU (optical network unit) sector, most notably in China, Japan, and the USA."
"We're also in the final development stage with our next generation of 10GPON technology, making Phyworks well placed to support the next wave of worldwide growth in the PON market."
King continues, "We've also seen exceptional growth in our equalizer and clock and data recovery chips in backplane and active copper cable markets. These opportunities are particularly interesting and include everything from 3.125G to 14G backplanes to PCI Express and SFP+ and XFP active copper cables."