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June 5th, 2007
Optical fibre for mobile phones start-up wins $2.5m
Fabless start-up company Nanotech Semiconductor has received a $2.5m injection of funding.
Total funding for the company now amounts to over $10m, which includes $2m from a customer for a specific project. The company claimed it would reach break-even later this year.
Nanotech has a low power optical fibre comms technology aimed at mobile phones, camcorders and laptops. It has already signed joint development agreements with two big name manufacturers to use its CMOS transceiver technology for plastic optical fibre links carrying a data rate of 1.25Gbit/s.
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