"Poet previously announced a collaboration with the Institute of Materials Research and Engineering, part of the Agency for Science, Technology and Research (A*Star), to develop new technologies.

Mr Pee Beng Kong, director of electronics at the Economic Development Board, said in a statement yesterday: "Compound semiconductor is both a cornerstone and potential technology disruptor in the electronics industry... It holds the potential to introduce new creative solutions for the consumer, automotive and industrial markets.

"The combination of Poet... and DenseLight enhances Singapore's position in the growing compound semiconductor industry."

http://www.straitstimes.com/business/companies-markets/poet-technologies-to-buy-denselight-semiconductors