ENTITY · fabrinet
FabrinetFN
Thailand·photonics optics·major·$20.6B mkt cap
Contract manufacturer of optical and photonic components.
WATCH · 40–69
44/100 illustrative
Underwriting Thesis
WATCH — Fabrinet: sole-source / single-point-of-failure dominance compounded by criticality to DoD-exposed downstream programs in photonics optics. A chokepoint underwriting concern at this tier.
Factor Breakdown
Foreign-Origin Concentration18
Sole-Source Dependence62
Sanctions Exposure45
Downstream Criticality60
Sanctions Exposure
Entity not present on tracked screening lists (CSL).
DoD Exposure
No matched DoD semiconductor awards (USASpending) for this entity.
Shortest paths → DoD-exposed firms
- Scale AI · 2 hops · $105.6MFabrinet → NVIDIA → Scale AI
- GlobalFoundries · 3 hops · $1.05BFabrinet → Coherent → Furukawa Electric → GlobalFoundries
- Marvell Technology · 3 hops · $184.3MFabrinet → Coherent → InnoLight Technology → Marvell Technology
- Valens Semiconductor · 4 hops · $28.3MFabrinet → Coherent → Furukawa Electric → TSMC → Valens Semiconductor
Possible substitutes · same commodity buckets
Chokepoint Relationships
Key Suppliers · upstream · 3
- CoherentUnited StatesDOMESTIC
- Lumentum HoldingsUnited StatesDOMESTIC
- BroadcomUnited StatesDOMESTIC
Key Customers · downstream · 5
- NVIDIAUnited StatesDOMESTIC
- CoherentUnited StatesDOMESTIC
- Lumentum HoldingsUnited StatesDOMESTIC
- Arista NetworksUnited StatesDOMESTIC
- Cisco SystemsUnited StatesDOMESTIC