Business Identifier: semiconductors and related devices
Public Profile: American Xtal Technology (AXT) makes semiconductor substrates from single elements like germanium and compounds like gallium arsenide (over 80% of sales) and indium phosphide. Chip makers use AXT's substrates in products for which silicon-based semiconductors are not adequate, including lasers, LEDs, satellite solar cells, telecommunications systems, and some consumer electronics. AXT sells directly and through sales reps worldwide. Its customers include Hewlett-Packard, Motorola, Nortel Networks, and Sony. AXT has a germanium mining joint venture in China and is buying laser and LED maker Lyte Optronics. About 30% of its sales are outside North America.