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Phyworks CEO Stephen King said, Focus on the global PON market has allowed us to gain additional market share in the last year. This coupled with overall growth in the market has meant we're experiencing significant increased shipments of all products into the ONU (optical network unit) sector, most notably in China, Japan and the USA.
We're also in the final development stage with our next generation of 10GPON technology, making Phyworks well placed to support the next wave of worldwide growth in the PON market. Our new products, developed in CMOS, will provide unparalleled levels of integration and cost reduction, making 10GPON a very viable deployment option.
He continued, We've also seen exceptional growth in our equalizer and clock and data recovery chips in backplane and active copper cable markets. These opportunities are particularly interesting and include everything from 3.125G to 14G backplanes to PCI Express and SFP+ and XFP active copper cables. Our equalizer shipments have grown substantially over the last 3 quarters and we expect this to continue as we introduce next generation products in the months ahead.

Founded in 2001, Phyworks is a privately held company headquartered in Bristol, UK and established a dedicated office in Santa Clara, USA in 2009. Phyworks was named as the UK's 5th fastest growing private technology company and #1 fastest growing semiconductor company in the Sunday Times' TechTrack 100 Awards for 2009.