For fourth-quarter 2025, AXT Inc of Fremont, CA, USA — which makes gallium arsenide (GaAs), indium phosphide (InP) and germanium (Ge) substrates and raw materials at plants in China — has updated its expectations for revenue to $22.5–23.5m, primarily due to fewer export control permits for indium phosphide being issued by China’s Ministry of Commerce than previously expected...
Source: https://www.semiconductor-today.com/new ... 0126.shtml