NeoPhotonics Corporation Reports Asset Impairment Charges for the Second Quarter Ended June 30, 2022

NeoPhotonics Corporation develops, manufactures and sells optoelectronic products that transmit and receive high-speed digital optical signals for Cloud and hyperscale data center internet content provider and telecom networks. The Company is a supplier of tunable lasers that emit the ultra-pure light that is required. The Company has aligned its products in two groups, which includes High Speed Products and Network Products and Solutions. It is a primary supplier of tunable lasers that emit the ultra-pure light that is required for the highest speed over distance fiber optic communications links. The Company's high-speed products support data traffic in Cloud and hyperscale data center networks. High speed products include 400 gigabits per Second (G) and above capable products, use its silicon photonics integration, compound semiconductor integration and advanced hybrid photonic integration technologies to optimize performance by combining different materials platforms.