Lol yes, it literally is wrong by that very definition. ASICS are platform technologies, ICs, and PCBs. POETs Optical Interposer is a platform technology (if they don't collapse first lol) Modulators are components - a specialized technology in a larger system, ie. Something that goes INTO a platform.   
A bet on LWLG is a bet on the success of their polymer. They can offer as much vertical integration as they want but polymer modulators a platform, they are not. 
I'm actually pro LWLG too. If they're successful I don't see why they wouldn't be incorporated into poet architecture someday. But I think the run-up was mostly artificial, driven by Covid stimulus just like every other stock including poet, and its still way overvalued. I suspect sub $1.50 within the next 2Q and then I may be a buyer.