Thanks Jeunke, one thing I would add is that it is common in the tech industry for enabling technology to also capture some of the profit from the new capabilities it enables.
I have worked for a company providing high speed internet on airplanes via satellite. We didn't charge the airlines based on the cost plus margin for the hardware. We charged the airlines based on the capability it enabled. For example, the airlines were able to leverage the new in-flight bandwidth to offload real-time sensor data of thousands of data points making their planes more fuel efficient. If this saved the airlines millions of dollars per year, the tech company was able to rightfully request a portion of that saved cost in the form of revenue.
Likewise, new low power transceivers will save datacenters hundreds of millions of dollars per year on energy and cooling costs. LWLG will not simply take the incumbent 100G transceiver price and multiply it by four to come up with their market price for their 400G polymer based transceiver. They will also want to capture some of those data center cost savings as realized revenue. And rightfully so. That money either goes to the power company, LWLG, or added to the datacenter's balance sheet. All three entities will want to capture as much of it as possible.
Also, any energy savings not used for cooling can also be spent on increasing computing power which opens up new innovative ways to use datacenters as-a-service models to increase their revenue. So I believe the $44 billion dollar projections are ONLY including the actual hardware revenue. It does not include cost savings that will be passed onto the enabling photonic technology companies.
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