VPEC Expects Growth Driven by VCSEL Applications

VPED (Visual Photonics Epitaxy Co. Ltd), a Taiwan-based GaAs wafer producer, announced that the company expects growth momentum from the applications of VCSEL and will begin to ship small volumes of 5G products next year.

As the smartphone market has passed its peak phase, semiconductor suppliers are looking forward to the applications of IoT and 5G. However, the development of these fields has just begun, bringing limited momentum to the industry. As result, the growth of VPED would still come from VCSEL applications including 3D facial recognition and LiDAR sensors.

(Image: Apple)

According to LEDinside’s “2018 Infrared Sensing Application Market Report,” the market for mobile 3D sensing will grow to around US$1.953 billion and the LiDAR laser market value is expected to reach US$ 154 million in 2020.

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