Market for photonic integrated circuit subsystems and components to reach $5.6 billion by 2009.

Since the introduction of photonic integrated circuits (PICs) in 1997 the optical composing industry has slowly been migrating from the manual assembly of discrete optical devices to automated, semiconductor wafer-processing techniques and single-chip solutions. at the same time in the last three years, the market has undergone a major realignment; about 75% of photonic chip makers have either merg or clos down since 2001; the carrier market has undergone a number of bankruptcies and consolidations; and a slowdown in equipment spending in the lengthy haul market is not wait fored to rebound before 2006. Amidst this repositioning, the market has emerg with returns pipelines ...