news digest ♦ Telecoms
Lee continues, “The growth of the smart phone market has been tremendous and is expected to continue for several years to come. Apple has sold over 175 million iPhone smart phones. Samsung is introducing new products in a competitive market where the number of smart phones in use globally is expected to reach 1 billion in the next 4 years. 144 million smart phones were sold globally in the first quarter of this year alone. Ascent’s EnerPlex line is focused on providing millions of smart phone customers with a product that prolongs battery life, increases mobility and allows them to be ‘green’, all without adding significant size or weight to the phone.”
Working with strategic partners, including China- based TFG Radiant Investment Group Ltd, the company plans to ship EnerPlex chargers to customers and partners in Asia within weeks. Ascent’s partners have already begun receiving purchase orders for this product for shipments beginning in the third quarter. Global shipments will follow in the fourth calendar quarter of this year.
Opnext and Oclaro a match made in heaven
After much deliberation, optical module and component maker Opnext has decided that the merger with manufacturer of optical communications and laser products, Oclaro, should go ahead in Q3 2012
On May 31st, 2012, the board of directors of Opnext Inc. determined that an unsolicited non-binding offer to acquire all of the issued and outstanding capital stock of Opnext for $1.40 per share was not superior to Opnext’s proposed merger with Oclaro, Inc.
The offer had been received on May 23rd, 2012 from a technology-focused private equity firm with significant available capital and was subject to the performance of due diligence by the private equity firm.
After careful consideration and consultation with its financial and legal advisors and with Opnext management, Opnext’s board of directors determined that the offer was not financially more favourable to Opnext’s stockholders than the
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transactions contemplated by the Agreement and Plan of Merger and Reorganisation, dated as of March 26th, 2012, entered into among Opnext, Oclaro, Inc., and Tahoe Acquisition Sub, Inc.
Opnext notes that significant progress has been made on the pending merger with Oclaro. Opnext believes, subject to receipt of the required stockholder approvals of Opnext and Oclaro and other remaining third party regulatory consents, the merger is on target for a closing early in the third calendar quarter of 2012.
Two new projects target GaAs imaging and GaN power
The two ventures will look at developing gallium arsenide imaging and sensing and gallium nitride- on-silicon power devices
A couple of new projects which centre on the use compound semiconductors are to be funded through the Technology Inspired Innovation competition for collaborative research & development funding. They are described below.
Project title: System development of novel CW OPO for hyperspectral imaging and sensing
Project outline: SYNOPOSIS will develop an active, long-wave mid-infrared (LWIR) imaging system capable of catering for a wide range of applications including the detection of explosives, oil and gas prospecting and medical diagnostics.
To date, active imaging systems operate mostly in the short-wave mid-infrared spectral region. Moving the technology to longer wavelength will enable access to the so-called molecular fingerprint region where the interaction with light and molecules is significantly stronger, therefore enabling higher sensitivity and specificity.
The limiting factor in the context of LWIR active imaging technology has so far been the availability of practical LWIR light sources. SYNOPOSIS will address this issue by advancing the continuous- wave, intracavity-pumped, optical parametric oscillator into the LWIR by employing novel
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