SILICON PHOTONICS MARKET ANALYSIS

Leading Companies

Global Silicon Photonics Market: Key Developments

In February 2022, Intel Corporation announced the acquisition of Tower Semiconductors for enabling a global diversified product portfolio to cater the rise in demand for semiconductors. With this acquisition the company will be providing foundry services to a larger customer base.

In March 2021, Cisco System Inc. completed acquisition of Acacia Communications, Inc. a manufacturer of optical, high-speed interconnect technologies. The company committed to optics through this acquisition as a critical building block to enhance the ‘Internet for the Future’ strategy’ of the company.

In February 2021, NeoPhotonics Corporation introduced its extended case temperature QSFP-DO 400G ZR modules that are based on silicon photonics and sophisticated hybrid photonic integrated circuit-based modules, lasers, and subsystems for high-speed, bandwidth-intensive communications networks.

In 2020, IBM formed agreement of acquisition with Instana, an application performance monitoring company for better managing complexities in modern applications that span across hybrid cloud technologies.

Global Silicon Photonics Market: Key Companies Insights

The global silicon photonics market is highly competitive. This is attributed to continuous launch of new technologies due to ongoing R &D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on regional as well as global basis. Some of the key players in the global silicon photonics market are Broadcom Inc., Sicoya GMBH, GlobalFoundries Inc., Intel Corporation, Juniper Networks Inc., Cisco Systems Inc., IBM Corporation, and NeoPhotonics Corporation.