The Photonic Integrated Circuit (PIC) market is a subset of the semiconductor industry. PICs are integrated circuits that use light instead of electricity to transmit data. They are used in a variety of applications, such as optical communication, sensing, and imaging. PICs are becoming increasingly popular due to their high speed, low power consumption, and small size. PICs are made up of several components, including lasers, modulators, detectors, and waveguides. These components are integrated onto a single chip, allowing for a more efficient and cost-effective design. PICs are also more reliable than traditional electronic components, as they are less susceptible to interference. The PIC market is expected to grow in the coming years, driven by the increasing demand for high-speed data transmission and the need for more efficient and cost-effective solutions. Some of the major companies in the PIC market include Intel, IBM, Huawei, and Finisar. Show Less Read more
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