Compound Photonics Acquires Europe's Largest Gallium Arsenide Semiconductor Manufacturing Facility from RFMD

- Compound Photonics will use the facility to manufacture green, red and infrared lasers for its miniature 1080p projectors for mobile devices, ultra high definition 4K projectors and automotive head up displays.

NEWTON AYCLIFFE, England, July 24, 2013 /PRNewswire/ -- Compound Photonics, the engineered light technology company changing the world of projection, announced an agreement with RFMD whereby Compound Photonics will purchase Europe's largest Gallium Arsenide (GaAs) manufacturing facility in Newton Aycliffe, County Durham, England.

"Compound Photonics will soon release projector products for mobile devices that are three times brighter and smaller than current state of the art.  To achieve these next generation levels of performance we need to vertically integrate the design and manufacture of the entire light engine.  This acquisition will bring in-house the manufacturing capabilities for the lasers required to power these engines," said Jonathan A. Sachs, Ph.D., president and CEO of Compound Photonics. "The skilled and experienced people, the fab with its toolset, supply chain, mature processes, and a track record of high volume production are ready made for our laser production."

Compound Photonics will use the 53 acre site with its 50,000-square-foot GaAs wafer fab to produce green, red and infrared lasers. The addition of the systems, fabrication equipment, and research and development capabilities as well as the manufacturing team with experience supplying high volume components to leading mobile phone manufacturers  expands Compound Photonics capacity and flexibility to meet its aggressive growth plans.

The powerful, high efficiency, wavelength stabilized laser diodes will be used as illumination sources in miniature high definition 1080p projectors for smartphones, tablets and other mobile devices, as well as ultra high definition 4K projectors and automotive head up displays. Wavelength stabilized infrared lasers for emerging gesture recognition applications will also be manufactured using wafer scale production methods in Newton Aycliffe.

The Newton Aycliffe facility complements Compound Photonics' 40,000 square-foot semiconductor processing facility in Phoenix, Arizona where it manufactures liquid crystal on silicon displays and optics systems for its laser projection light engines.

Terms of the transaction were not disclosed.

About Compound Photonics
Compound Photonics is changing the world of projection through highly advanced photonics solutions. Compound Photonics is building the world's smallest full high definition 1080p and ultra high definition 4K projection light engines for mobile devices, projectors and automotive head up displays. Our laser projection light engines offer unparalleled performance in resolution, size, brightness and cost. Through our vertically integrated development and manufacturing of displays, lasers, digital drive electronics, and optics we control the end-to-end process, increasing performance, keeping costs low and simplifying the supply chain for customers. We maintain design and business centers in the United States in Phoenix, AZ; Vancouver, WA, Madison, WI as well as in the United Kingdom.

Visit us at: www.compoundphotonics.com.

Media Contacts:
At Compound Photonics
Brandi Cook
brandi@mcbru.com
+1-503-546-1010