National Telecom Public Company Limited

Asia Direct Cable Consortium Selects Infinera’s ICE6 800G Solution for New Advanced Submarine Routes in APAC

Retrieved on: 
Monday, September 25, 2023
Consortium, MC, PLDT, Tata Communications, INFN, SAN, National Telecom Public Company Limited, Viettel, Data-rate units, ADC, Fine chemical, Infinera, China Telecom, Singtel

SAN JOSE, Calif., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that Asia Direct Cable (ADC) Consortium, the latest open submarine cable in the Asia Pacific region, has selected Infinera’s ICE6 800G coherent solution on the GX Series Compact Modular Platform to power ADC’s advanced cable system.

Key Points: 
  • SAN JOSE, Calif., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that Asia Direct Cable (ADC) Consortium, the latest open submarine cable in the Asia Pacific region, has selected Infinera’s ICE6 800G coherent solution on the GX Series Compact Modular Platform to power ADC’s advanced cable system.
  • As the industry’s highest-performing and most cost-effective solution for submarine networks, Infinera’s ICE6 will enable ADC Consortium members to address surging demand for submarine cable capacity in Asia for bandwidth-intensive applications that include 5G networks, cloud-based services, and emerging solutions.
  • ADC is a 9,400-kilometer submarine cable connecting China, Japan, the Philippines, Singapore, Thailand, and Vietnam.
  • By providing more than 21 Tb/s per fiber pair, Infinera’s ICE6 solution extends the commercial life of the fiber cable, maximizing the return on investment of this critical cable system.

ChipMOS REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS

Retrieved on: 
Thursday, February 23, 2023
The Company, National Telecom Public Company Limited, Taiwan Stock Exchange, OSAT, ADS, Cryptocurrency, Video game

HSINCHU, Feb. 23, 2023 /PRNewswire/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported consolidated financial results for the fourth quarter and the full year ended December 31, 2022. The Company noted that reported sequential and year over year declines are consistent with continued macro weakness, and inventory adjustments at customers in response to end market demand levels, in particular in the consumer market. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$30.73 against US$1.00 as of December 30, 2022.

Key Points: 
  • Revenue for the fourth quarter of 2022 was NT$4,686.2 million or US$152.5 million, a decrease of 10.8% from NT$5,254.0 million or US$171.0 million in the third quarter of 2022 and a decrease of 31.0% from NT$6,791.4 million or US$221.0 million for the same period in 2021.
  • Net non-operating expenses in fourth quarter of 2022 were NT$130.0 million or US$4.2 million, compared to net non-operating income NT$403.3 million or US$13.1 million in the third quarter of 2022.
  • Net non-operating income in fourth quarter of 2021 was NT$319.3 million or US$10.4 million.
  • Net earnings for the fourth quarter of 2022 were US$0.14 per basic ADS, compared to US$0.60 per basic ADS for the third quarter of 2022 and US$1.27 per basic ADS in the fourth quarter of 2021.