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Gigalight FY revenue rises 19% to$43.3 million

Number of visits: Date:2015-1-28 10:37


Shenzhen, China, January 28, 2015 − Gigalight revenue in 2014 increased by 19 percent year-on-year to $43.3 million, about 270 million RMB in sales, unrealized originally expected, mainly because of a fast falling in price in 2014. But the net profit margin remained at a high level.

Benefit from a large data morphological changes and active optical module cable demand-driven, Gigalight has achieved a significant performance increase on high-speed 40G / 100G optical modules and active optical cable business in 2014. At present, Gigalight has supplied the market for bulk of 40G optical modules, 100G CFP / CXP-SR10 optical modules and 10G / 40G active optical cable, but sales volume are still mainly from optical modules below 10G rate. Gigalight overseas business now accounts for over 60 percent, of which the North American market remains the largest regional market.

Gigalight passive devices (PLC & WDM) in 2014 have achieved a slight increase on the basis of 2013, basically achieved breakeven on passive services in 2014. This is the first no-operating loss since stepping into the passive industry in 2009. In the year of 2014, Gigalight focuses on creating magneto-optical switches, optical bypass protection systems on passive products and gained an important progress on the integrated devices at the same time.

In 2014, Gigalight mainly carries out layout of research and development of optical communication about consumer products, and has gained small number of orders for HDMI and USB3.0 from the market, but the market prospect is still unknown.

In 2014, Gigalight makes some strategy adjustment and management change about highlighted channel marketing, and focuses on developing key channel business partners. At the same time focus on the big DATA market structure data for high-speed interconnect series products in business direction. Recently, Gigalight has burst on the scene towering in technology and global markets.

"Gigalight is not a purely optical module company. We are an optical integration and market innovation in communications technology. Gigalight is in the research and holds a variety of complex optical devices and optical communications product technology. We believe that these seemingly unrelated R & D investments will show a dawn in the future. Looking to 2015, Gigalight will implement a more proactive stance in layout of the new product, product launch and the mature business competition,” Gigalight marketing department said.

In 2015, another key point of Gigalight is committed to improving the delivery capacity to enhance the company's market share and customer satisfaction!

About Gigalight:

Gigalight is global optical interconnection design innovator that focuses on high-end optical network products and solutions in three main applications: Data Center & Cloud Computing, MAN & Mobile Base Station, and Video & Consumer Optics. With more than 10 years' experience in optics industry, Gigalight has become a leader in global market of optical communications.

TypeInfo: News / Events

Keywords for the information:gigalight  Optical Transceiver  optical cable