IMAGE BESTInP Market Expanding, Proximity Sensor on iPhone 14, Depth Sensing Issues on iPhone 13AMMJENACIONAL
From Electronics Weekly and Yole: https://www.electronicsweekly.com/news/business/inp-moving-into-consumer-2022-10/ https://www.yolegroup.com/strategy-insights/apple-and-the-compound-semi-industry-the-story-begins/ The InP device market is expanding from traditional datacom and telecom towards the consumer reaching about $5.6 billion by 2027, says Yole Developpement. Datacom and telecom applications are the traditional markets for InP.Land will continue to grow, but the biggest growth driver – with a 37% CAGR between 2021 and 2027 – will be consumer. The InP supply chain is fragmented, though it is dominated by two vertically integrated American players: Coherent (formerly II-VI) and Lumentum. The InP supply chain will need more investment with the rise of the consumer applications. The migration to higher data rates, lower power consumption within data centres, and the deployment of 5G base stations will drive the development and growth of optical transceiver technology in the com