AXT Inc. (NASDAQ: AXTI) designs, develops, manufactures and distributes high-performance compound and single element semiconductor substrates. The company’s substrate products are used primarily in lighting display applications, wireless communications, fiber optic communications and solar cell applications. Its vertical gradient freeze process technology for manufacturing semiconductor substrates provides significant benefits over other methods and enabled AXT to become a leading manufacturer of such substrates. The company maintains global headquarters, sales, administration and customer service functions in California and has manufacturing facilities in China. As part of its supply chain strategy, ATX has partial ownership in ten companies in China producing raw materials. For more information, visit the company’s website at www.axt.com
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