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NeoPhotonics Progresses On Production Increase Plan

Tuesday, February 07, 2012 5:13:00 AM PDT | VentureDeal Staff

San Jose, California  --  Semiconductor technology company NeoPhotonics Corporation (NYSE: NPTN) announced that it has completed phase 1 of its plan to increase production capacity.

Designed to meet demand for its narrow linewidth tunable lasers, the company says it has doubled output starting the plan in the fourth quarter of 2011.

NeoPhotonics says that industry demand as outstripped industry capacity due in part to the flooding in Thailand in 2011.

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