NeoPhotonics Corporation (NYSE: NPTN), a leading designer and manufacturer of photonic integrated circuit, or PIC, based optoelectronic modules and subsystems for bandwidth intensive high speed communications networks, today announced first shipments of optical transceiver modules out of its new, high capacity factory in Dongguan, Guangdong Province, China. “This milestone represents our commitment to our customers for production capacity to support their increasing need for high speed optical modules in the accelerating build out of broadband network infrastructure around the world,” said Tim Jenks, Chairman and CEO of NeoPhotonics. “Rapid growth in cloud computing, video and mobile applications is driving increased demand for optical modules in datacenter, 4G/LTE networks and FTTx deployments, both in established markets as well as emerging regions, such as the BRIC countries.” The new factory consists of approximately 80,000 square feet of production space, which includes approximately 50,000 square feet of clean room area. The production lines use state of the art manufacturing equipment for optical sub-assembly (OSA) fabrication and final module assembly and test. Modular work cells are designed to support rapid reconfiguration of production lines, which allows quick reaction to the changing needs in the dynamic market of optical modules for high speed communications worldwide. The Dongguan factory is the latest addition to the company’s manufacturing capabilities, which include existing facilities in Shenzhen, China, Tokyo, Japan and Silicon Valley, California. About NeoPhotonics NeoPhotonics is a leading designer and manufacturer of photonic integrated circuit, or PIC, based optoelectronic modules and subsystems for bandwidth-intensive, high-speed communications networks. The company’s products enable cost-effective, high-speed data transmission and efficient allocation of bandwidth over communications networks. NeoPhotonics maintains headquarters in San Jose, California and ISO 9001:2000 certified engineering and manufacturing facilities in Silicon Valley (USA), Japan and China. For additional information, visit www.neophotonics.com. © 2013 NeoPhotonics Corporation. All rights reserved. NeoPhotonics and the red dot logo are trademarks of NeoPhotonics Corporation. All other marks are the property of their respective owners.
Forward Looking StatementsThis press release contains forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. These forward-looking statements involve risks and uncertainties, as well as assumptions and current expectations. The company’s actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks, uncertainties and assumptions. The risks and uncertainties that could cause the company’s results to differ materially from those expressed or implied by such forward-looking statements include but are not limited to: the timing of, costs related to, or volume or quality of the products produced in the Dongguan factory may not be as the company expects; the demand for the company’s products produced in the Dongguan factory may be volatile or lower than the company expects; demand for the company’s products produced in the Dongguan factory could decrease from the company’s expectations due to general conditions in the telecommunications equipment industry, changes in network architectures, local economies, or the world economy generally, and other risks and uncertainties described more fully in the company’s documents filed with or furnished to the Securities and Exchange Commission.