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Passive optical components are integral to the functioning of optical networks and systems, and by extension, play a critical role in the semiconductor industry. These components, which include splitters, couplers, isolators, and circulators, do not require electrical power to operate. They are used to manage and manipulate the flow of light in fiber optic networks without converting it to an electrical signal. The demand for these components is driven by the widespread deployment of fiber optic communication systems, increasing internet traffic, and the need for high bandwidth and reliable data transmission. Advances in telecommunication technologies, such as the growth of long-haul and metropolitan networks, along with the proliferation of smart devices and the expansion of data centers, are additional factors stimulating the market for passive optical components within the semiconductor space.
Prominent players in the passive optical components market include companies such as Finisar Corporation, which specializes in components and subsystems for high-speed data communication; Broadcom Inc., known for its diverse portfolio of semiconductor and infrastructure software solutions; and Corning Incorporated, providing optical fibers, cables, and related equipment for high-performance telecommunications networks. Other notable entities include Lumentum Holdings Inc., which offers optical and photonic products, and Fujikura Ltd., a developer and manufacturer of optic fiber cables and equipment. Show Less Read more