Sivers IMA wholly-owned subsidiary CST Global add more capacity
Sivers IMA Holdings AB’s (Nasdaq First North: SIVE) wholly-owned subsidiary, CST Global, today announced that it has added an inhouse InP epitaxial overgrowth capability to its foundry production services. The process is critical to the manufacture of high-volume, DFB lasers used in world-wide, passive optical network (PON) markets.
The successful implementation of this process is the result of a focused investment over the last year of approximately MSEK 6.
"Adding InP epitaxial overgrowth to our foundry capability brings a critical production process in-house, where previously it was out-sourced. It not only mitigates production bottlenecks, but also reduces DFB laser production times. Over the past year, we have significantly increased the capacity of our factory in Scotland to ensure our ability to deliver products worth at least MSEK 250 - 300 per year, depending on product mix.", says Anders Storm, CEO of Sivers IMA.
Epitaxial overgrowth is a challenging process to master. We recognize that the combined expertise of the CST development and operations teams has been essential to the successful introduction of this new process.
For more information:
Anders Storm, CEO
Tel: +46 70 262 6390
E-mail: anders.storm@siversima.com
Erik Penser Bank is appointed Sivers IMA Holding AB’s Certified Advisor at Nasdaq First North.
Telefon: +46 8 463 80 00
Sivers IMA Holding ABis a leading and internationally renowned supplier, publicly traded under SIVE at Nasdaq First North Stockholm. The wholly owned subsidiaries Sivers IMAand CST Globaldevelop, manufacture and sell cutting-edge chips, components, modules and subsystems based on proprietary advanced semiconductor technology in microwave, millimeter wave and optical semiconductors. Headquarters in Stockholm, Sweden. Learn more at http://siversima.com.
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