Yunnan Germanium secures large indium phosphide wafer supply deal

On July 23, Yunnan Germanium Co., Ltd. announced that its holding subsidiary, Yunnan Xinyao Semiconductor Materials Co., Ltd., has entered into a wafer supply agreement with a customer. The contract covers the sale of indium phosphide wafers (substrates) and is estimated to total between RMB570 million (USD84.12 million) and RMB855 million (USD126.18 million) on a tax inclusive basis, equivalent to 53.48% to 80.23% of the company's audited operating revenue for fiscal year 2025. Deliveries under the agreement are scheduled to take place in batches from August 1, 2026 through December 31, 2027.