| Business Summary | | AXT,
Inc.
designs,
develops,
manufactures,
and
distributes
high-performance
compound
semiconductor
substrates,
as
well
as
opto-electronic
semiconductor
devices,
such
as
high-brightness
light
emitting
diodes
(HBLEDs)
and
vertical
cavity
surface
emitting
lasers
(VCSELs).
The
Company's
substrate
products
are
used
primarily
in
fiber
optic
communications,
wireless
communications
and
lighting
display
applications.
AXT
believes
that
its
proprietary
vertical
gradient
freeze
(VGF)
technique
for
manufacturing
compound
semiconductor
substrates
provides
significant
benefits
over
traditional
methods
and
has
enabled
the
Company
to
become
a
major
manufacturer
of
compound
semiconductor
substrates. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AXT,
Inc.
uses
a
proprietary
vertical
gradient
freeze
technique
to
produce
high-performance
compound
semiconductor
base
materials,
or
substances,
for
use
in
a
variety
of
electronic
and
opto-electronic
applications.
For
the
six
months
ended
6/01,
revenues
rose
62%
to
$81.4
million.
Net
income
from
continuing
ops
totalled
$10.2
million,
up
from
$4.6
million.
Results
reflect
increased
sales
of
GaAs
and
InP
substrates
and
an
increase
in
operating
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Morris Young, Ph.D., 56 Chairman,
Pres, CEO | $220K | $9.5M | Donald Tatzin, 49 Interim
CFO, Director | -- | -- | Xiao Liu, Ph.D., 37 Sr.
VP of Sales and Marketing & Engineering and Devel. | -- | -- | Heng Liu, Ph.D., 40 Pres,
LED Division | -- | -- | Davis Zhang, 44 Pres,
Substrate Division | 185K | 195K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|