Company AXT, Inc.

Equities

AXTI

US00246W1036

Semiconductors

Market Closed - Nasdaq 21:00:00 26/04/2024 BST 5-day change 1st Jan Change
2.97 USD +2.41% Intraday chart for AXT, Inc. +7.22% +23.75%

Business Summary

AXT, Inc. is a material science company that develops and manufactures high-performance compound and single element semiconductor wafer substrates comprising indium phosphide (InP), gallium arsenide (GaAs) and germanium (Ge). Its wafer substrates are used when a typical silicon wafer substrate cannot meet the performance requirements of a semiconductor or optoelectronic device. It has two product lines: specialty material substrates and raw materials integral to these substrates. Its InP is a semiconductor wafer substrate used in broadband and fiber optic applications, 5G infrastructure and data center connectivity. Its semi-conducting GaAs substrates are used to create opto-electronic products, including high brightness light emitting diodes that are often used to backlight wireless handsets and LCD televisions and for automotive, signage, and lighting applications. Its Ge substrates are used in applications, such as solar cells for space and terrestrial photovoltaic applications.

Number of employees: 1,456

Sales per Business

USD in Million2022Weight2023Weight Delta
Substrates
62.6 %
111 78.7 % 47 62.6 % -57.27%
Raw Materials and Others
37.4 %
30 21.3 % 28 37.4 % -5.65%

Sales per region

USD in Million2022Weight2023Weight Delta
China
52.5 %
55 39.3 % 40 52.5 % -28.22%
Europe (Primarily Germany)
16.2 %
21 14.6 % 12 16.2 % -40.20%
Taiwan
11.4 %
29 20.4 % 9 11.4 % -69.94%
North America (Primarily the United States)
8.7 %
20 14.5 % 7 8.7 % -67.70%
Japan
6.1 %
12 8.3 % 5 6.1 % -60.41%
Asia Pacific (Excluding China, Taiwan and Japan)
5.0 %
4 3.0 % 4 5.0 % -8.93%

Managers

Managers TitleAgeSince
Chief Executive Officer 79 30/11/86
Director of Finance/CFO 73 10/08/14
Chief Tech/Sci/R&D Officer - -
Chief Tech/Sci/R&D Officer - -
Investor Relations Contact - -
Sales & Marketing - -

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 79 30/11/86
Director/Board Member 74 22/12/19
Director/Board Member 66 31/01/98
Director/Board Member 82 13/12/00

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 44,248,248 41,286,828 ( 93.31 %) 0 91.48 %
Stock B 0 883,000 0 0

Shareholders

NameEquities%Valuation
First Wilshire Securities Management, Inc.
7.577 %
3,306,715 7.577 % 15 M $
Vanguard Global Advisers LLC
5.214 %
2,275,457 5.214 % 10 M $
Needham Investment Management LLC
4.869 %
2,125,000 4.869 % 10 M $
Dimensional Fund Advisors LP
4.622 %
2,017,064 4.622 % 9 M $
1,989,046 4.557 % 9 M $
Pacific Ridge Capital Partners LLC
2.721 %
1,187,634 2.721 % 5 M $
Systematic Financial Management LP
2.710 %
1,182,756 2.710 % 5 M $
Royce & Associates LP
2.334 %
1,018,709 2.334 % 5 M $
BlackRock Institutional Trust Co. NA
1.549 %
676,026 1.549 % 3 M $
White Pine Capital LLC
1.404 %
612,630 1.404 % 3 M $

Company contact information

AXT, Inc.

4281 Technology Drive

94538-6339, Fremont

+510 438 4700

http://axtinc.gcs-web.com
address AXT, Inc.(AXTI)

Group companies

NameCategory and Sector
AXT-Tongmei, Inc.