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Xingye Technology: Intends to Acquire Indium Phosphide Assets; At Present, Its Product Line Has No Involvement with Customers in the Optical Module Industry
9 hour ago /
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Author：小编
Xingye Technology has disclosed that the cumulative drop in its stock's closing price over three consecutive trading days has surpassed 20%, a clear sign of abnormal volatility in its stock trading. The company is now setting its sights on acquiring indium phosphide assets. Currently, its product offerings mainly consist of 2-inch and 3-inch indium phosphide substrates, which find applications in detectors. However, it's worth noting that the yield rate for VGF single crystals is comparatively low, and the validation criteria for 4-inch products are stringent, presenting a potential risk of customer validation failure. As of now, none of its products are linked to customers operating within the optical module industry.
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