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Gigalight Capture High Growth in 2011H1

Number of visits: Date:2011-8-4 11:26


Shenzhen, China, August 4, 2011 − Gigalight recent financial settlement indicates that the first half of 2011, Gigalight active optical transceiver module sales is about 75,000,000 RMB, the relative growth rate of nearly 60% over the same period last year. The passive sales performance is more than 35,000,000RMB, an increase of more than 120%, which is the sum of the sales performance last year. Gigalight there hopes reach 280,000,000RMB sales target in 2011 which is in the terms of keeping the net profit at about 10%.

Nevertheless, Gigalight passive and active products sales gross profit have declined compared to last year, the decrease of some products is more than 10%. All of these are because of the fierce industry price competition. To improve the situation of declining margins, Gigalight is beginning to do an extension of vertical integration in the key materials of the upstream of the high-end 10 G active device. To the key materials of passive components, Gigalight will do the underlying technology and alternative technological breakthroughs."We believe that this effort will be in September this year after fierce competition leads to hedge homogeneity of declining profits, win back new competition starting point,” said Gigalight market department relevant personage. “2011 is a historical turning point of the cost of optical components industry, the overall profit margin of the optical components industry in 2011 will drop to the historical freezing point. If can't do any innovation breakthrough, the future will be arduous".

Relying on the optical light PLC technology advantage and low cost ability, 10G long distance CWDM/DWDM series light module stability and prompt delivery ability, especially the 80 KM pluggable SFP + products to the global market batch quantity supply, which is significantly enhanced the customer to Gigalight brand advantage position in mind. In the first half of 2011, no matter in the active or passive products field, the cooperation that with South Korea leading the company is greatly improved our Gigalight technology and quality management ability. In the first half of 2011 Gigalight also has a good performance in the North American market.

By the time, Gigalight has completed the relevant market in 2012 with a key competitive product and technology development. These markets will lock in cloud computing, data center an HD video transmission, etc. In the traditional channel marketing and FTTX market, Gigalight will further show their leadership, professionalism and low-cost capacity in the second half of 2011.

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: Company News

Keywords for the information:sales innovation breakthroughs competition future