China implemented new export control regulations on gallium and germanium materials effective August 1, 2023, requiring AXT's Chinese subsidiary Tongmei to obtain permits for exports while indium phosphide remains unaffected.
| Form | 8-K |
|---|---|
| Sentiment | bearish |
| Importance | high |
| Materials | Gallium, Germanium, Indium |
Primary source: https://www.sec.gov/Archives/edgar/data/1051627/000155837023011686/axti-20230703xex99d1.htm
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