Applied Optoelectronics and Molex Reach Settlement
21 Juin 2024 - 1:00PM
Applied Optoelectronics, Inc. (NASDAQ: AAOI), a
leading provider of fiber-optic access network products for the
internet datacenter, cable broadband, telecom and fiber-to-the-home
(FTTH) markets, announced today that it has settled its patent
infringement dispute and related litigation against Molex, LLC on
mutually satisfactory terms.
“We are pleased to have reached an agreement with Molex. Both of
our companies value patent protection and are committed to
respecting the intellectual property of others,” said Dr. Thompson
Lin, Applied Optoelectronics Inc. Founder, President and Chief
Executive Officer.
Details regarding the confidential settlement agreement were not
disclosed.
About Applied Optoelectronics:
Applied Optoelectronics, Inc. (AOI) is a leading developer and
manufacturer of advanced optical products, including components,
modules and equipment. AOI's products are the building blocks for
broadband fiber access networks around the world, where they are
used in the internet datacenter, CATV broadband, telecom and FTTH
markets. AOI supplies optical networking lasers, components and
equipment to tier-1 customers in all four of these markets. In
addition to its corporate headquarters, wafer fab and advanced
engineering and production facilities in Sugar Land, TX, AOI has
engineering and manufacturing facilities in Taipei, Taiwan and
Ningbo, China. For additional information, visit
www.ao-inc.com.
Investor Relations Contact:
The Blueshirt GroupLindsay
Savarese+1-212-331-8417ir@ao-inc.com
Cassidy Fuller+1-415-217-4968 ir@ao-inc.com
Applied Optoelectronics (NASDAQ:AAOI)
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