Serenity: Optimistic Outlook for POET Optical Interconnect Demand, Laser Supply Tightness May Persist Until 2029

BlockBeats News, June 29 — Serenity published an article stating that Poet Technologies' management has indicated that the world's top three laser suppliers currently control approximately 68% of the market share, and their production capacity for the next two years has already been fully sold out. This suggests that following LITE's CEO's earlier prediction that laser supply tightness would persist until 2028, POET's statement further implies that the shortage may extend to 2029, with the optical components industry still facing bottlenecks in critical components. POET also disclosed that the company is collaborating with a new customer on a high-power external light source (ELS) project based on its Interposer platform and expects to begin ramping up production in the second half of this year. Additionally, the company anticipates that its commercial partnership with Lumilens could contribute over $500 million in revenue over the next five years. Market sources reveal that Lumilens' first customer is one of the world's top three hyperscale cloud service providers. In terms of capacity planning, POET stated that its current annual production capacity for optical engines is approximately 1 million units, while market demand is expected to rise to around 1 million units per month by the end of 2027, requiring a roughly tenfold expansion in capacity. Serenity believes that if the company can deliver on the aforementioned capacity and commercialization goals, its growth prospects will be highly positive. However, since the specific hyperscale customer name has not yet been disclosed, compared to peers with publicly announced customer resources, its growth expectations still require further validation. [Original Link]