Market Share of China Optoelectronics Industry
The China optoelectronics market is semi-consolidated, with the presence of several players like General Electric Company, Panasonic Corporation, Samsung Electronics, etc. The market players are constantly striving to innovate new products and solutions to cater to the evolving needs of consumers by investing in R&D, partnerships, mergers, acquisitions, etc. Some of the recent developments in the market are:
In September 2022, Applied Optoelectronics, Inc., a prominent provider of fiber-optic access network products for the cable television broadband, internet data center, telecom, and fiber-to-the-home markets, announced that it has entered into an agreement with YuhanOptoelectronic Technology Co., Ltd. for the sale of its manufacturing facilities in the People's Republic of China and assets related to its transceiver business and multi-channel optical sub-assembly products for the telecom, internet datacenter, and FTTH markets for a purchase price of USD 150 million, less a holdback amount.
In September 2022, Samsung Display terminated its LCD business. The company sold its LCD factory in Suzhou, China. Samsung completed transferring its LCD-related patents to China Star Optoelectronics Technology (CSOT). A total of 577 patents registered in the USA got transferred in June, and Samsung handed over additional patents registered in South Korea to CSOT.
China Optoelectronics Market Leaders
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General Electric Company
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Panasonic Corporation
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Samsung Electronics
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Sony Corporation
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Mitsubishi Electric
*Disclaimer: Major Players sorted in no particular order
