|
Followers
|
15
|
Posters
|
|
|
Posts (Today)
|
0
|
Posts (Total)
|
117
|
|
Created
|
07/04/07
|
Type
|
Free
|
| Moderators | |||
AXTI: American Xtal Technology
AXT, Inc.
4281 Technology Drive
Fremont, CA 94538
www.axt.com.
Share Structure:
Outstanding: 30.29 Mil
Public Float: 29.2 Mil
Company Officers
Philip C.S. Yin, Ph.D., Chief Executive Officer and Chairman of AXT's B of D.
Wilson W. Cheung, CFO
Phone: (510) 683-5900
Contact Information
Ted Young
Tel. 510-683-5900 x103
Fax. 510-683-5901
Email: sales@axt-vgf.com
AXT, Inc., together with its subsidiaries, engages in the development and production of compounds and single element semiconductor substrates for electronic and opto-electronic applications.
Its substrate products are used primiarily in wireless communications, lighting display applications and fiber optic communications. The Company uses a vertical gradient freeze (VGF) technique for manufacturing semiconductor substrates.
It also manufactures and sells raw materials related to the substrate business through five joint ventures located in China.
AXT was the first company to commercialize vertical gradient freeze (VGF) technology in 1986. During this time AXT was the market leader in this technology.
In early 2004, the company moved certain critical manufacturing processes to China and began to encounter some quality issues. Due to this, AXT lost credibility.
In March, 2005, Philip C.S. Yin, became CEO of AXT and recruited an entirely new senior management staff and revamped the sales organization. AXT has manufacturing facilities in Beijing, China, but is headquartered in Fremont, CA.
Since June 2005, AXT has had six quarters of sequential revenue increases and achieved profitability for the first time since the year 2000. Right now AXT is a great turnaround story.
AXT has five joint ventures in China. These joint ventures produce products, including 99.99% pure gallium (4N Ga), high-purity gallium, arsenic, and germanium, germanium dioxide, paralytic boron nitride (pBN) crucibles and boron oxide. This arrangement reduces the Company's dependency on other suppliers of raw materials and affords price and volume stability unavailable on the open market. AXT is a majority owner in three of the key ventures, which affords it board-level control.
AXT's goal is to be recognized as one of the world's leading suppliers of compound semiconductor materials.
| periods | 2008 | 2009 | 2010 |
|---|---|---|---|
| March | 19.634 | 7.654 | 18.641 |
| June | 19.932 | 13.055 | 23.177 |
| September | 17.863 | 16.819 | 26.809 |
| December | 15.646 | 17.836 |
| Periods | 2008 | 2009 | 2010 |
|---|---|---|---|
| March | 0.06202 | -0.18269 | 0.07977 |
| June | 0.02196 | -0.0435 | 0.17068 |
| September | -0.03474 | 0.06719 | 0.17346 |
| December | -0.07959 | 0.08913 |
| % Shares Owned: | 58.59% |
| # of Holders: | 105 |
| Total Shares Held: | 18,176,483 |
| 3 Mo. Net Change: | -807,688 |
| # New Positions: | 8 |
| # Closed Positions: | 2 |
| # Increased Positions: | 12 |
| # Reduced Positions: | 10 |
