Red Herring Phi Microtech Phi Microtech specializes in designing high-speed chips and modules for optical and wireless communications networks. To drive its growth, the company is counting on growing demand for its products stemming from the explosion of entertainment content being piped into consumers’ homes through video-on-demand and other means. The company’s product lines include transceiver chips for sending and receiving optical signals that carry movies and TV shows. The company declines to disclose its customers, saying only that they include a major telecom company in Japan. During the tech downturn, the optical component industry saw many mergers and acquisitions. Despite the consolidation, Phi Microtech still faces numerous formidable competitors, including Zarlink Semiconductor and Broadcom. (Quoted from Red Herring issued on August 28, 2006) At the award ceremony of Red Herring 100 Asia Winners for 2006 on August 28 in the Four Seasons Hotel, Hong Kong. (Left: President & CEO Y.Akazawa, Center: Publisher of Red Herring, Left: Mr. D.Chen with marketing)