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ȷׯ ʣȷׯ ҹϸҹȷׯǸйµĵطʵҰȤ ҹ꽲ȷׯлǁǺ 

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ȷׯϸҹ˸طҰõʷǸݳһ˼Ƚͷһ ֪ӰȷׯʵһסĴ˼ ʱһȥTTܾǽŪŪҰζ 

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ʳ갵ȥ浴ȻеβƽƽߵλζʵҰζ ȷׯϸζ 

͵͵꽲ȷׯŵĹӺʷ ҪζdzȥزŻܵкζ 

ȷׯĽ

ȷׯͷмϵǁɴ ȥǵó˸Ĺߺֱֵһ븣 аطṲ꽲Щݹž͵ʳ轲ҲҰζ 

һȷׯһطø˸ܻصһϸݵζ 꽲ǁ 

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ܻʣȷׯԺ ҿֻҪ˻ȷׯĹ¾ͻ ſ 

ǩȷׯݹ¡ϸζŪй䡢ߺ

԰Сӽʲô

ָоƬȱùоƬ Lumentum FY26Q2ҵԤӪ6.66Ԫͬ65%Դƹ OCSCPOľ޴DZͷ֤AIĸ߾ 100G200G EML200G EMLռͨоƬܳ5%Т˸ߴ10%ļӪ FY26Q3ָǿԤƷGAAPӪΪ7.8-8.3Ԫֵͬٳ85% Lumentum ׻ԤFYQ2ɲ20%ɴǰԤڵһϣEML25%-30%ȱ2027ף 1.6Tշ200G EMLΪͻĿǰEMLǿ OCSҵԤ3ҽͻҾOCSѹ4Ԫ뽫2026° 

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粨ʱIJ˲ ҪǽµIJҴеƫԼDzдʵܿס粨һ 

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λʵϾǸʽԼIJռ 

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