FREMONT, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that Beijing Tongmei Xtal Technology Co., Ltd. (“Tongmei”), AXT’s subsidiary in Beijing, China, has met the applicable legal and commercial requirements and has received its initial export permits to resume shipping gallium arsenide and germanium substrates to certain customers. Since China’s announcement of new export control regulations on g
FREMONT, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it will participate in the following financial conferences in the third quarter of 2023: 4th Annual Needham Virtual Semiconductor and SemiCap 1x1 Conference on August 22, 2023Jefferies Semiconductor, IT Hardware & Communications Technology Summit on August 29, 2023 in Chicago, ILNorthland Capital Markets Institutional Investor Conference o
FREMONT, Calif., Aug. 03, 2023 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the second quarter, ended June 30, 2023. Management Qualitative Comments “Though the macro environment continues to impact our growth near-term, the trends that have driven our revenue and customer expansion remain very much intact,” said Morris Young, chief executive officer. “We continue to excel in our technical