资源描述
Table_MainInfo/2024 07 25 Table_InvestInfo Table_QuoteInfo-31.52%-24.70%-17.89%-11.07%-4.25%2.57%2023/7 2023/10 2024/1 2024/4 Table_ReportInfo IPTV 2024.07.22 2024.07.14 24-25 1-5 5G 20.3%2024.07.08 Table_AuthorInfo:Tel:(010)50949926 Email:S0850517090006:Tel:(021)23187270 Email:Table_Summary-/CW 70-100mW CW CW 200Gb PDK 100G 1.6T 1+CW+2 CW 3 AI 2 1./.6 1.1.6 1.2.8 1.3.10 1.3.1.10 1.3.2 PDK.13 1.3.3.15 1.3.4.18 2.22 2.1.22 2.1.1 Intel.22 2.1.2 Cisco.22 2.1.3 Global Foundry.23 2.1.4 Tower Semiconductor.23 2.1.5 Coherent.24 2.1.6 Lumentum.24 2.1.7 Ayar Labs.24 2.1.8 TSMC.25 2.2.25 2.2.1.25 2.2.2.25 2.2.3 Alpine.26 2.2.4.26 2.2.5+.27 2.2.6.27 2.2.7.27 2.2.8.28 2.2.9 CW.28 2.2.10.28 ZXDWzQtOtQpOqOtQqNoRqR9P8Q9PtRpPsQrNkPnNtMkPpMmM7NoOvMMYqRmMxNqRnR 3 2.2.11 ficonTEC.29 2.2.12.29 2.3.29 2.3.1.29 2.3.2.30 2.3.3.30 2.3.4.31 2.3.5.31 2.3.6.31 2.3.7 SiFotonics.31 2.3.8.32 2.3.9.32 3.33 3.1.33 3.2.33 4 1.6 2 vs.6 3.8 4 CPO.9 5.9 6.10 7 EML DFB EAM.11 8 MZM MRM.11 9.12 10.13 11.13 12.13 13.13 14.14 15 PDK.14 16.14 17 CMOS.16 18.16 19 SOI.16 20.17 21.18 22.18 23.20 24.20 25 ficonTEC.21 26.21 27 Intel.22 28 Intel.22 29 1.6T OSFP-XD.23 30 Acacia 2011-2018 Roadmap.23 2sjRhMIwxk3F/l9s8o5sQknPyPSCGvG90wyKf2tEx5vC2KEAQncXTvooiqzaU8NW 5 1.7 2.8 3.10 4.11 5.15 6.18 7.19 8/.20 9.33 6 1./1.1-/1 Yole CMOS 2 vs.Faust.Cao 7 Cisco 2012 2018 2021 Lightwire Luxtera Acacia Mellanox 2013 Iptronics Nvidia 2019 Mellanox 2020 Elenion Lumentum 2023 Cloud Light Infleption 2024 SiNoptiq Morton Photonics 2013 Caliopa 2019 Lumentum 2021 Sicoya 2022 Aipine 2023 ficonTEC Rockley 2017 1 Cisco 2012 Lightwire 2.71 Lightwire Mellanox 2013 IPtronics 4750 IPtronics Juniper 2016 Aurrion 1.65 Aurrion Cisco 2018 Luxtera 6.6 Luxtera Nvidia 2019 Mellanox 69 Mellanox Nokia 2020 Elenion Elenion Ansys 2020 Lumerical Lumerical Marvell 2021 Inphi 100 Inphi Cisco 2021 Acacia 45 Acacia Lumentum 2023 Cloud Light 7.5 Cloud Light Infleqtion 2024 SiNoptiq Morton Photonics SiNoptiq Morton Photonics 2013 Caliopa 5600 Caliopa 2019 Lumentum 1700 Lumentum 2021 Sicoya Sicoya 2022 Alpine 4443.7 Alpine 2023 Ficontec 81.18%ficonTEC Service GmbH ficonTEC Automation GmbH 6.97%2017 Rockley Photonics Limited Lightreading Cloud Light CIOE 8 1.2 a.FSO b.c.d.flip chip transfer print e.III-V III-V f.III-V 3 Sudip Shekhar Roadmapping the next generation of silicon photonics ELS External Light Source“”2 PIC a.FSO 2dB N/A b.2.5D(FSO)2dB c.2.5D(PWB)2dB d.3D 1dB e.1dB f.()dB Sudip Shekhar Roadmapping the next generation of silicon photonics 9 CW Continuous Wave CW 1 CW CW 2 CW 3 bit 70-100mW CW 70-100mW CW Wind-70mW 400G 800G 100mW 1 2 1 4 70mW 1 2 1 4 CPO OIO 1 400G 1.6T 2 CPO CPO CW Springer CPO WDM 286mW DR 100mW CPO 4 CPO Springer 5 Springer CW CW Furukawa Broadcom Lumentum Coherent Sumitomo Electric CW EML Lightcounting 100G 2-3 AI 10 3/Furukawa CW-DFB 70mW 100mW 2000 DFB FY2021 DFB 2022 9 100mW DFB 2024 1 800Gb+CPO 100mW 16 2024 4 FY2025 Broadcom 1310 nm 1490nm CWDM CW 18-100mW 2024 3 200G CW CW AI Lumentum CW O CWDM 40mW 400mW 1310nm DFB CPO 800G 1.6T 2022 3 75mW CW 2024 3 1310nm DFB 50 C 400mW Coherent O CWDM4 CW-DFB 1270 nm 1330 nm 100mW 2023 3 OFC 2023 1300 nm DFB 100mW 300mW 4 CWDM Sumitomo Electric 30mW CW CW-LD 1271nm 1331nm 200mW DFB+SOA 2019 30mW CW 2023 OFC CPO CW DFB SOA 25/50/70/100/150mW 1310nm CWDM/LWDM CW 400G/800G/1.6T CPO 2020 1 CW 70mW/100mW CW 2024 5 22 CW Q2 CW DFB 1310nm C01-C61 DWDM C DFB TOSA 1-20mW 2018 CW DFB 2022 2023 DFB CW 800G DR8 CW CW 100mW CW DFB 1311nm 800G/1.6T 2010 100mW CW DFB 2023 GlobeNewswire 2023 2023 Wind 1.3 1.3.1 Intel 6 Comsol 11#1 VCSEL DFB/FP EML EML EA DFB EAM DFB EAM InP 7 EML DFB EAM 8 MZM MRM Integrated Photonics for Data Communication Applicationssciencedirect，1 PN GHz GHz 2 MZM MRM MZM MRM MZM MRM 4/dB V cm GHz Gbps P cm-3 N cm-3 2015 McGill SPP-MZM 4 mm 3.8 2.8 41 100 7 1017 5 1017 20 0 SPP-MZM 2 mm 5.4 1.4 50 1 8 8 1017 8 1017 2023 DD-MZM 2.47 mm 6.9/43 224/2022 Segmented ZM 2 mm 6 3 67 336 5 1017 3 1017 2019 IMEC MRM 5 m/0.37 42 100/2020 Intel MRM 10 m/0.52 50 128/2022 Intel MRM 4 m/0 53 62 224/2022 MR 8 m/0.825 52 110 240 3 1018 3 1018 2022 PhC 124 m 6.8/110 112 5 1017 5 1012 12 200Gb 3 dB 67GHz 200Gb Bragg 9(a)-(c)(d)-(f)(g)(i)(j)-(l)/(m)-(p)()(q)-(t)(u)-(x)#2-Ge-Si 1.1m III-V Ge 1310nm 1550nm Ge Ge-Si CMOS#3 13#4/CMOS 10 Nature Communications Roadmapping the Next Generation of Silicon Photonics 11 CMOS 12 13 1.3.2 PDK 14 EDA EDA PDK MPW PDK EDA PDA 14 15 PDK Wim Bogaerts Silicon Photonics Circuit Design:Methods,Tools and Challenges PDK EDA PDK 16 I/O Wim Bogaerts Silicon Photonics Circuit Design:Methods,Tools and Challenges PDA PDA 15 Intel Broadcom Coherent Marvell Cisco Nvidia Juniper Nokia Lumentum Ayar Labs SiFotonics Openlight DustPhotonics AIO Core POET 2010 50Gb/s Cisco Ayar Labs GLOBAL FOUNDRIES 2019 2021 1.6Tb/s Alpine 5/Intel 400G/800G/1.6T 2004 2010 50gbps 2019 400G OFC2024 1.6Tbps CPU OCI I/O Cisco 100G/400G/1.6T CoreOptics Luxtera Lightwire 2021 Acacia OFC2022 400G ZR DCO 2024 3 1.6T OSFP-XD Ayar Lab TeraPHY I/O 2017 GlobalFoundries 45 2020 GlobalFoundries Intel Agilex FPGA I/O Marvell 400G/800G 2022 800Gbps 8x100Gbps 400G DR4 OFC2024 200G 3D 100G/200G/400G/800G/1.6T 2019 2020 100G/200G/400G 2021 5 OFC2024 800G 1.6Tbps 200G/400G/800G/1.6T 2018 100G 100G/200G 2021 1.6Tb/s 2023 200G/400G/800G Alpine 2022 Alpine 400G 800G Alpine 400G/800G 2021 10 Sicoya 100%12 2023 9 6 400G DR4/800G DR8/800G 2xFR4 SiFotonic 25G 400G/800G 400G DR4 128GB 2019 25G 2020 100G/400G 2021 400G DR4 128GB 2022 2000 400G Chipset 2023 800G DR8 100G/400G/800G 2020 100G 2022 400G 2022-ServeTheHome Lightcounting SEMI GlobeNewswire Wind 1.3.3 CMOS CMOS 16 17 CMOS 18 500nm 100nm 45nm nm PLC InP 1nm 1.1m Ge GeSi 19 SOI Soitec SOI SOI Photonics-SOI SOITEC ShinEtsu SOITEC 6%SOI 17 2010 2015 Fab Semiconductor Fabrication Plant Fab PDK Fab PDK Foundry 1 IMEC AMF LETI AIM photonics Global Foudries CompoundTek TowerJazz STMicroelectronics IHP VTT 2 AIM photonics PETRA IME Cornerstone CUMEC IMECAS MPW MPW MPW Ge SOI 400nm VTT 3um MPW 20 S.Y.Siew Review of Silicon Photonics Technology and Platform Development MMI crossing 220nm SOI Leti VTT 20mW/18 21 22 180nm/130nm 8 CUMEC 130nm CSiP180A CSiP130C 90nm SOI/180nm SiN 220nm/150nm/70nm 40Gbps 6-8 130nm 8 SOI/MPW 6 nm mm CUMEC 130 200 CSiP180A CSiP130C CSiN300 CSiP130N MPW 120 90 200 90nm SOI/180nm SiN SOI TiN SiN LPCVD TiN/130 200 220nm/150nm/70nm PDK MMI Y-AWG 40Gbps 6-8 130nm 8 SOI/MPW 2018 70 MPW MPW 2022-12 2024 PDK 2025 12 2030 12 SEMI 1.3.4 100G 1.6T Sicoya 19 Cisco Broadcom Marvell Nokia Intel Jabil 2016-2017 100G PSM4 CWDM4 2018 2019 400G 2019-2020 400G Broadcom 2021 800G DR8 2024 3 26 1.6TOSFP-XD Jabil MaxLinear 800G OFC2024 800G 1.6Tbps 100G 400G 800G 1.6T 800G/1.6T 51.2TBit/s 2.5D 7/Cisco 1.6 T 2019 Acacia Acacia 400G 2020 OFC2023 CPO 2024 3 26 1.6T OSFP-XD Broadcom CPO DSP 800G DR8 CPU GPU Marvell 800G 200G 3D 2020 Inphi Inphi COLORZ 100 100G ZR 70 Inphi 2020 COLORZ 400 2021 400G 2023 Inphi COLORZ 800 800G ZR/ZR+2023 AI 200G 2024 3 200G 3D Nokia Elenion Jabil 800G 2023 2024 MaxLinear 800G 100G/200G/400G/800G/1.6T OFC 2019 400G QSFP-DD DR4 DEMO OFC 2022 800G 2022 400G 800G OFC2024 800G 1.6Tbps 400G/800G/1.6T 2020 400G QSFP-DD DR4 2022 OFC 100G QSFP28 O xWDM PAM4 400G 800G Alpine 2023 3 14W 800G DR8+2xFR4 800G 2023 7 400G 1.6T 2023 9 400G DR4 800G DR8 OFC2024 1.6T OSFP-XD 100G/400G/800G 2020 OFC 400G 23 CIOE 2021 800G QSFP-DD DR8 400G/800G CIOE 2023 400G QSFP112 DR4-LPO 400G QSFP112 DR4 800G OSFP DR8 800G QSFP-DD SR8 2023 9 800G OSFP DR8 2024 2 800G OSFP DR8 LRO Marvell Maxlinear CIOE SiFotonics#OFC2024 20 Jabil AI 23 EE Times Asia Jabil 24 Soitec#on-wafer 8/AWG/LD Modulator Driver TOSA/PD TIA ROSA 100G PSM4 100G CWDM 200G/400G-DR4 200G/400G-FR4/FR8/400G-ZR ICR/21/ASM Kulicke&Soffa ficonTEC 1 ficonTEC/2 10/40/100/400G OFC2024 COC 25 ficonTEC ficonTEC 26 22 2.2.1 2.1.1 Intel CPU 20 100G 400G 800G 1.6T QSFP28 QSFP-DD 2001 2004 2010 50gbps 2016-2017 100G PSM4 CWDM4 20 2018 2019 Intel Interconnect Day 2019 400G 2020 1.6 Tbps 12.8 Tbps 2023 Jabil SiP 2024 200G Per Lane PIC ATOP 1.6T 800G 2*FR4 OFC2024 1.6Tbps CPU OCI I/O LightCounting CPO 27 Intel 28 Intel lightcounting Intel 2.1.2 Cisco 1.6T CoreOptics Luxtera Lightwire 2021 Acacia Luxtera Acacia Acacia OFC2022 400G ZR DCO 2024 3 26 23 1.6T OSFP-XD CMOS 29 1.6T OSFP-XD 30 Acacia 2011-2018 Roadmap OFC conference 2.1.3 Global Foundry ICs IC GF Fotonix 300mm CMOS 2020 Ayar 45CLO 2022 3 GF Fotonix RF CMOS 300 300Ghz RF-CMOS DCN DCI 2.1.4 Tower Semiconductor 2021 11 Anello Photonics 2021 12 Juniper Networks III-V 2022 2 15 53 54 2023 8 2023 3 Quintessent GaAs QD PH18DB 2023 9 PH18 24 2.1.5 Coherent Coherent II-IV 22 7 Coherent Coherent II-VI Coherent 1966 II-VI+Coherent O CWDM4 CW-DFB 1270nm 1330nm 100mW 2023 3 OFC 2023 1300nm DFB 100mW 300mW 4 CWDM 400G 1.6T OFC2024 100G QSFP28 ZR DSP 2.1.6 Lumentum JDSU 3D 3D Lumentum 22 8 3 NeoPhotonics NeoPhotonics Lumentum 23 10 30 Cloud Light Cloud Light Lumentum 2022 3 Lumentum 75mW CW CW O CWDM 40mW 2024 3 1310nm DFB CPO 800G 1.6T 50 C 400mW 2.1.7 Ayar Labs 6G I/O 2017 Global Foundries 45 2020 GlobalFoundries Intel Agilex FPGA I/O 2022 Boardman Bay Capital Management 1.3 C I/O 2023 0.25 C-1 25 2.1.8 TSMC IC SoC 2024 3D 2023 7nm CMOS 2024 4 3D 12.8Tbps GlobalFoundries 2025 2026 coos 2.2 2.2.1 100G 200G 400G 800G 5G FTTX Lightcounting 2023 2017 OFC 2019 400G QSFP-DD DR4 DEMO 2022 OFC 2022 800G OSFP 2*FR4 QSFP-DD DR8+2022 400G 800G 2023 OFC 2023 5nm DSP 800G 2023 9 Tower Semiconductor TowerSemi PH18 OFC2024 800G 1.6Tbps Driver/TIA 1.6T-DR8 OSFP 800G-ZR OSFP 2024 7 400G 800G 800G 1.6T AI 2.2.2 2023H1 2022Q2-2023Q1 4 5 3 Lightcounting 2016-2022 36.66%1.6T PLC III-V SiP 26 2023 9 400G DR4 800G DR8 CW CW OFC 2024 1.6T OSFP-XD 200G LPO MSA 2017 NOEIC 37.5%NOEIC 11 2021 NOEIC 1.6Tb/s Tb/s 2023 110GHz NOEIC 3dB 110GHz 110GHz 2024 NOEIC 2Tb/s chiplet 3D 8 256Gb/s 200G driver TIA 3D 2.2.3 Alpine 5G 25G 50G 100G 200G 100G 200G 400G Alpine 2022 Alpine 2022 OFC 100G QSFP28 O xWDM PAM4 nCP4 400G 800G Alpine 2023 7 400G 2023 8 Alpine 2 Alpine VCSEL/EML 400G 800G 1.6T 2.2.4 OFC2023 1.6T NPO CPO Fiber Array AWG PLC 2023 256 400G 2024 27 4 10 2.2.5+2021 5%InP GaAs CPO LPO 1.6T 3.2T 1.6T 2021 Q1 400G 400G 2022 Q3 ECOC22 800G 7 nm IEEE MSA OSFP OFC2024 1.6T-200G/400G 800G 200G 1.6T 1.6T 200G 8 1310nm 212.5Gbps 1.6T InfiniBand 2x800G 800G 2.2.6 PLC MEMS 800G CPO 400G QSFP-DD DR4/DR4+25G eCPRI SFP28 5G 2018 7 2020 2 24 Sicoya 2021 11 Sicoya 800G CPO 800G 245 2025 3 2.2.7 3-5G 11 40 150 15%400G CPO 2017 12 28 25/100G 2018 9 100G 100Gbps 2021 400G QSFP-DD DR4 800G OFC2023 400G DR4 400G 2.2.8 2.5G 10G 25G 50G 100G DFB EML 4G/5G IDM 25/50/70/100mW 1310nm CW CPO 2020 1 CW 2021 SiFotonics CW Laser 400G 2023 50mW/70mW 100mW 2024 5 22 CW Q2 2.2.9 CW 3D MOCVD/100mW CW 2023 12 2023 1 70mW 1.5dB 400GE DR4 1 2 per-bit 800G/1.6T 3 800G/1.6T 2.2.10 IDM PLC AWG DFB 29 4G/5G CW DFB 1310nm C01-C61 DWDM CW DFB C DFB TOSA 15-20mW 2018 CW DFB 2022 2023 DFB 2.2.11 ficonTEC MES ficonTEC telecom datacom NPI ficonTEC Intel NVIDIA ficonTEC 2020 9 100 100%2023 9 81.18%ficonTEC Service GmbH ficonTEC Automation GmbH 6.97%ficonTEC FSG FAG 100%2024 1 31 2 27 2 29 2.2.12 700 3C 2.3 2.3.1 ICT IT LightCounting 2023 CIP Caliopa 3 30 2013 Caliopa MEMS 2014 2015 9 2016 2018 400G OSN 9800 400G MWC2018 2019 2020 8 2023 8 2.3.2 10 sicoya 800G OSFP 2xFR4 400G DR4 400G QSFP112 DR4 800G OSFP 2xFR4 100G EPIC EPIC 100%sicoya GmbH 2020 12 6000 6.26%2021 10 Sicoya GmbH 100%Sicoya Global 2021 12 2022 100G 400G 800G 1.2T 1.6T 2023 1 B-1 Hawksburn VCC Copious Gain Global 2023 9 B-2 2023 9 6 400G DR4/800G DR8/800G 2xFR4 LPO QSFP-112 OSFP QSFP112-DD 400G DR4LPO 2.3.3 100G/400G/800G 800G 2020 100G CIOE 2022 400G 7.6W 2023 800G 800G 2024 3 21 AI 800G 31 AI 2.3.4 Fabless CMOS MEMS Chiplet TSV 2022-2.3.5 20 400G/800G Yole 2023 PIC 2023 9 24 CIOE 400G/800G Live Demo 1.6T LPO 2.3.6 20 Pre-IPO 2021 100G 200G 400G 1.6T CPO 2020 10 19 23.57 54.21 2022 12 Pre-IPO 2023 1 2.3.7 SiFotonics 2007 5G 8000 60 32 400G DR4/DR4+25G 400G/800G 100G/200G 400G DR4 128GB PIC ICR IC-TROSA 800G 100%Pure Ge-on-Si CMOS 2011 CMOS 2015 100G CR4Q01 2016 100G/200G TR4Q11 400G 2019 25G 2020 100G/400G 2021 400G DR4 128GB 2022 2000 400G Chipset 2023 3 800G 2.3.8 CIS“”CSiP180A CSiP130C CSiN300 CSiP130N 2019 8 8 2020 5 180nm PDK 2023 180nm 130nm PDK 300“SOI+”2023 9 2.3.9 8“”MEMS 866 90nm 180nm 2020 8 180nm 220nm SOI MPW 2020 SITRI DAY PDK1.0 220nm SOI 2023 2023 SITRI DAY 90nm“”GaN 2 90nm SOI/180nm SiN 2024 MPW 33 3.3.1+CW+CW 9 EPS PE x 2022 2023 2024E 2025E 2022 2023 2024E 2025E 688498.SH CW 107 91 1.17 0.23 0.96 1.60 91.16 469.43 111.73 67.06 300308.SZ+130.34 1461 1.09 1.94 4.54 6.51 119.39 67.23 28.69 20.02 300502.SZ+101.06 716 1.27 0.97 2.17 3.19 79.28 104.06 46.57 31.64 300394.SZ 93.68 519 0.73 1.32 2.57 3.82 128.78 71.09 36.46 24.54 300757.SZ&83.51 129 0.17 0.50 0.84 1.16 495.20 167.86 99.59 71.93 688025.SH&32.77 31 0.81 1.13 1.98 2.98 40.62 29.00 16.54 10.99 688048.SH CW 28.97 51 0.68-0.52 0.32 0.61 42.82-55.54 91.53 47.11 002281.SZ CW+33.6 267 0.77 0.78 1.02 1.31 43.86 43.09 32.89 25.67 000988.SZ+28 282 0.90 1.00 1.30 1.62 31.07 27.96 21.58 17.24 300548.SZ 17.76 51 0.68 0.28 0.58 0.77 26.24 62.57 30.52 23.03 600487.SH 15.57 384 0.64 0.87 1.10 1.34 24.25 17.83 14.16 11.66 688313.SH CW 8.99 41 0.14-0.10 0.10 0.20 64.16-86.75 86.76 45.89 2024 7 24 2024E 2025E EPS PE Wind Wind 3.2 AI 34 Table_Analysts Table_Reports,-U,1.6 6 2.A 500 10%-10%10%-10%6 10%-10%10%-10%
展开阅读全文