Pangaea Connectivity Technology Limited announced a business update highlighting the company’s progress in securing significant sales contracts with global manufacturers for its optical transceiver products and solutions. These contracts position Pangaea as a key supplier for products including AI Data-Center and Mega Scale HPC 800G/1.6T Transceivers and Linear Pluggable Optics (LPO) solutions, which are essential for computing, storage, and networking systems of major cloud operators. The company, principally engaged in the optical and wireless semiconductor business, reported that its AI Data-Center segment is expected to be the primary growth driver for the current financial year. This segment is projected to achieve robust growth of approximately 20% year-on-year, significantly outperforming the group's overall trend. The growth is attributed to increased demand for high-speed communication solutions from leading global cloud and technology companies, driven by the expansion of next-generation AI infrastructure.

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