Competition in the 400G optical module segment intensified in 2023, with over 20 manufacturers entering the market, leading to a 12% decrease in average selling prices. Recently, LightCounting, a market research organization in the optical communications industry, pointed out in its market forecast for optical communications IC chipsets that in 2023, sales of PAM4 chips will exceed US$1. 1 billion, while sales of coherent DSP chipsets will drop to US$800 million. Alphabet, Amazon, Meta, Microsoft and Oracle continued to spend significantly more in 2024 than in 2023, with their. Optical Module Package Market was valued at 8942 million in 2024 and is projected to reach US$ 20220 million by 2032, at a CAGR of 12. Many projects that were postponed or cancelled due to high prices last year resumed construction this year after prices fell, while new projects got off the ground smoothly due to high returns. With global R&D projected to exceed $2.