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Management Qualitative Comments 2020 was a year of solid improvement for AXT, capped off by strong indium phosphide growth, particularly in 5G, in Q4, which is typically a seasonally down quarter, said Morris Young, chief executive officer. We completed the relocation of our gallium arsenide manufacturing, elevated our business and manufacturing processes to meet Tier-1 standards, and expanded capacity in response to increasing demand. Now, with the gathering momentum of 5G and its related technologies, the technology progression in data center connectivity, and new applications emerging in healthcare and consumer devices, we believe AXT is in a strong position to lead our industry and enable many of the defining trends of the coming decade.

United statesMorris youngLeslie greenGary fischerAxt incInvestor relations departmentGlobe newswire axt incExchange commissionTongmei xtal technology co ltdShanghai stock exchange sciGreen communications consultingListing updateShanghai stock exchangeAnnual reportCommunications consultingWhat time is it