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Profile: Lumentum Holdings Inc (LITE.O)

LITE.O on Nasdaq

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16 Jul 2019
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Lumentum Holdings Inc., incorporated on February 10, 2015, is a provider of optical and photonic products for a range of end market applications, including data communications (Datacom) and telecommunications (Telecom) networking and commercial lasers (commercial lasers) for manufacturing, inspection and life-science applications. The Company operates in two segments: Optical Communications (OpComms) and Commercial Lasers (Lasers). The Company's customers include original equipment manufacturers (OEMs).

Optical Communications

The Company's OpComms products include a range of components, modules and subsystems to support and maintain customers in its two primary markets: Telecom and Datacom. The Telecom market includes carrier networks for access (local), metro (intracity), long-haul (city-to-city and around the world) and submarine (undersea) networks. The Datacom market offers enterprise, cloud and data center applications, including storage-access networks (SANs), local-area networks (LANs) and wide-area networks (WANs). These products enable the transmission and transport of video, audio and text data over fiber-optic cables. The Company also offers reconfigurable optical add/drop multiplexers (ROADMs), tunable 10-gigabit small form-factor pluggable transceivers and tunable small form-factor pluggables. The Company's products for three dimensional (3-D) sensing applications include light source product. Customer solutions containing 3-D sensing lasers use laser technology in mobile, computing, industrial and automotive applications.

In the consumer and industrial markets, the OpComms products include light source product, which is integrated into 3-D sensing platforms being used in applications for gaming, computing, mobile and industrial segments. These systems enable the use of natural body gestures, such as the wave of a hand, to control a product or application. Applications for this technology include various mobile device applications, autonomous vehicles, self-navigating robotics and drones in industrial applications and 3-D capture of objects coupled with 3-D printing.

The Company competes with II-VI Incorporated, Acacia Communications, Inc., Foxconn Interconnect Technology, Ltd., Finisar Corporation, Fujitsu Optical Components, Furukawa Electric Co., Ltd., Neophotonics Corporation, Oclaro, Inc. and Sumitomo Electric Industries, Ltd.

Commercial Lasers

The Company's Lasers products serve customers in markets and applications, such as manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining, such as drilling in printed circuit boards, wafer singulation and solar cell scribing. Its Lasers products are used in a range of OEM applications, including diode-pumped solid-state, fiber, diode, direct-diode and gas lasers, such as argon-ion and helium-neon lasers. Diode-pumped solid-state and fiber lasers are used in biotechnology, graphics and imaging, remote sensing, materials processing and precision machining applications. Diode and direct-diode lasers are used in a range of applications, including laser pumping, thermal exposure, illumination, ophthalmology, image recording, printing, plastic welding and selective soldering. Its gas lasers are used for flow cytometry, deoxyribonucleic acid (DNA) sequencing, graphics and imaging, and semiconductor inspection. Manufacturers use lasers to create micro parts for consumer electronics and to process semiconductor, light emitting diode (LED), and other types of chips.

The Company competes with IPG Photonics Corporation, Coherent, Inc. and Rofin-Sinar Technologies Inc.

Company Address

Lumentum Holdings Inc

400 N McCarthy Blvd
MILPITAS   CA   95035-5112
P: +1408.5465483
F: +1302.6555049

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