Asia Pacific Gallium Arsenide Wafer Market to Reach USD 2,635.2 Million By 2032, at 16.6% CAGR: Astute Analytica [Yahoo! Finance]
AXT Inc (AXTI)
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Source: Yahoo! Finance
This market is fueled by continuous innovation and surging demand for high-performance electronics. New Delhi, May 10, 2024 (GLOBE NEWSWIRE) -- The Asia Pacific gallium arsenide wafer market reached a valuation of US$ 661.5 million in 2023 and is expected to reach US$ 2,635.2 million by 2032, reflecting a staggering CAGR of 16.6% between 2024 and 2032. The Asia Pacific region is experiencing a surge in demand for gallium arsenide (GaAs) wafers, a key component in high-performance electronics. This trend is driven by a confluence of factors, from production methods and material properties to diverse applications and cost considerations. GaAs wafers are primarily produced using two methods: Vertical Gradient Freeze (VGF) and Liquid Encapsulated Czochralski (LEC). These methods yield large, high-purity GaAs ingots, which are then sliced into thin wafers. Notably, the VGF process is most common for commercial production due to its ability to achieve high-purity single crystals. The As
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- Levi & Korsinsky Reminds AXT, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 5, 2024 - AXTIAccesswire
- ROSEN, LEADING INVESTOR COUNSEL, Encourages AXT, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - AXTIPR Newswire
- AXT, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before July 5, 2024 to Discuss Your Rights - AXTIAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against AXT, Inc. - AXTIPR Newswire
- Shareholders that lost money on AXT, Inc. (AXTI) should contact Levi & Korsinsky about pending Class Action - AXTIAccesswire
AXTI
Earnings
- 5/2/24 - Beat
AXTI
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- 5/20/24 - Form 8-K
- 5/20/24 - Form 4
- 5/20/24 - Form 4
- AXTI's page on the SEC website