At present, the industrial chain和通 of silicon photonic technology has no業近t formed a stable competition pa北電ttern, and some manufacturers try to e費算nter the R&D and manufacturing link關路 through acquisition, cooperatio開慢n and other ways. For example, Face和妹Book cooperated with Intel to develop老訊 the data center rack in 2013, and Cien坐有a acquired TeraXion high-speed op銀業toelectronic component (HSPC) business 銀喝in 2016. We believe that the R&D秒費 of silicon photonic technology requi子黑res excellent technical support a紙議nd long-term and substantial ca喝訊pital investment. Companies with str快短ong technology accumulation and suffici老黑ent funds are expected to emerge.