VCSEL maker LandMark sees revenues growing
LandMark Optoelectronics, a specialist for epitaxial wafers and VCSEL components, is expected to see its revenues hit new highs in two years in fourth-quarter 2020, after witnessing its sales rise 13.1% sequentially to NT$603 million (US$21.09 million) in the previous quarter, according to industry sources.The growth momentum will continue into the fourth quarter as the company just completed a capacity ramp project in September 2020 that doubled its capacity for backend processes, said the sources.