December 5, 2021

CHICAGO PIXELS

SEMICONDUCTOR RESEARCH CENTER

POET’s Q3 sample deliveries slowed by industry supply chain challenges

For third-quarter 2021, POET Technologies Inc of Toronto, Ontario, Canada — a designer and developer of the POET Optical Interposer and photonic integrated circuits (PICs) for the data-center and telecom markets — has reported a net loss of $3.5m ($0.01 per share), level with a year ago but cut from $4.4m ($0.02 per share) last quarter. This included R&D costs of $1.2m, down from $1.8m last quarter, driven by the current contraction in the global semiconductor chip supply chain. The current supply environment has resulted in slower deliveries of orders made by POET…