News: Optoelectronics
11 July 2023
Coherent expects minimal to no impact from China’s export restriction of gallium and germanium
Materials, networking and laser technology firm CoherentCorp of Saxonburg, PA, USA (formerly II-VIInc before it acquired Coherent in July 2022) has provided its initial assessment of the export restriction of gallium and germanium from China expected to begin on 1August.
The firm believes that the restriction will have minimal to no impact on its sales and prospects due to ample inventories of these materials at both Coherent and its supplychain partners, and the ability to source the materials from outside China. In addition, efficient recycling programs already exist at both Coherent and its supplychain partners, the firm adds.
The company says that it will continue to monitor and assess any changes in the global supply.
AXT to seek permits from China to export gallium and germanium substrate products