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Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications
Message: MD & A and Financials for 3 months ending April 30th Posted to Sedar
Business Overview
Today’s world has become almost completely dependent on electronics for day-to-day functioning. As that
dependency grows, so does the need for smaller, faster and more power efficient devices. Thus, progress in the
electronics and semiconductor industry continues to heavily influence day-to-day life in the developed world; the way
we work, communicate, transport and entertain ourselves.
It has become the general consensus of the industry that silicon-based semiconductor technology is being pushed to
its limits. According to IC Insights (2013), R&D spending by the top 10 semiconductor companies has grown to a
record-high $28.0 billion, or an equivalent of 16.7% of total semiconductor sales, its highest level in 4-5 years.
Capital investments are high and cash intensive, which in-turn creates swings in the semiconductor market place.
This high capital spending is necessary because the industry is in need of new technology that pushes beyond the
boundaries of conventional silicon processes, that is not fab-specific or highly dependent on current processes or
materials.
PTI has developed a unique, proprietary process that addresses the needs of speed, size, energy and cost efficiency
associated with the current silicon-based technology. The development of its solution has been predicated on an
ability to be accommodated in existing semiconductor fabs with a minimum of re-tooling.
The Company currently has a number of issued patents and patents pending primarily for this process – the
semiconductor Planar Opto-Electronic Technology (“POET”) process - which was developed through its U.S.
subsidiary ODIS Inc. (“ODIS”). Through ODIS, the Company’s focus is on the design of III-V semiconductor
devices and processes for military, industrial and commercial applications, including infrared sensor arrays and ultralow-
power random access memory. The POET platform enables the monolithic fabrication of integrated circuits
containing both electronic and optical elements, with potential high-speed and power-efficient applications in devices
such as servers, tablet computers and smart phones.
The Company is currently positioned as a fabless semiconductor company, with an aim to leverage existing and
potential partnerships in establishing a POET design and manufacturing value chain, and in commercializing POETbased
devices.
Just a taste.......................................
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