Coherent Reaches a Manufacturing Milestone: 300 Million Transceivers Shipped From Ipoh, Malaysia, Facility
12 Juni 2024 - 10:30PM
Coherent Corp. (NYSE: COHR), a global leader in materials,
networking, and lasers, proudly announces the shipment of its
300-millionth optical transceiver from its manufacturing facility
in Ipoh, Malaysia. This significant milestone underscores the
scale, resiliency, and flexibility of Coherent supply chain
solutions for customers.
Coherent Corp., renowned for its innovative solutions in the
optical communications industry, continues to leverage its advanced
manufacturing capabilities to meet global demands. The company’s
commitment to robust supply chain solutions and efficient
production processes is exemplified by its Ipoh facility.
Milestone Achievement
“This milestone is a testament to our strategic investment in
supply chain resiliency,” stated Dr. Lee Xu, Executive Vice
President, Datacom Transceivers. “The Ipoh facility exemplifies our
commitment to ensuring a flexible and robust supply chain capable
of supporting complex manufacturing operations and meeting global
demand efficiently. This achievement is a significant step forward
in providing the resilience needed for the rapidly expanding AI
datacom market. I am immensely proud of our team's efforts and the
exceptional capabilities of our facility.”
Facility Overview
Established in 2001, the Ipoh facility spans 640,000 square feet
and employs a highly skilled workforce of 3,600. It plays a pivotal
role in producing next-generation 800G optical transceivers and is
gearing up for future generations such as 1.6T and 3.2T.
Strategically located between Kuala Lumpur and Penang, the site
benefits from access to a vast talent pool from nearby universities
and technical colleges, essential for high-tech manufacturing.
Strategic Advantage
Ipoh's well-connected infrastructure supports rapid transport of
goods, ensuring operational flexibility and timely delivery to
global markets. As the largest U.S.-based multinational in the
state of Perak, Coherent Malaysia significantly contributes to the
state's manufacturing GDP and plays a crucial role in meeting the
growing demand for high-speed optical transceivers. This strategic
location and robust infrastructure provide a competitive edge in
the global market.
About Coherent
Coherent empowers market innovators to define the future through
breakthrough technologies, from materials to systems. We deliver
innovations that resonate with our customers in diversified
applications for the industrial, communications, electronics, and
instrumentation markets. Headquartered in Saxonburg, Pennsylvania,
Coherent has research and development, manufacturing, sales,
service, and distribution facilities worldwide. For more
information, please visit us at coherent.com.
Contact:
Amy WilsonManager, Corporate
Communicationscorporate.communications@coherent.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/ccfbf413-408b-44bb-8e88-51b90f306a96
Coherent (NYSE:COHR)
Historical Stock Chart
Von Mai 2024 bis Jun 2024
Coherent (NYSE:COHR)
Historical Stock Chart
Von Jun 2023 bis Jun 2024