Lumentum Holdings Inc. - Common Stock (LITE)

Competitors to Lumentum Holdings Inc. - Common Stock (LITE)

Broadcom Inc. 

Broadcom, with its extensive portfolio of semiconductor and broadband communication solutions, competes with Lumentum in various arenas, particularly in the optical and networking segments. Broadcom's vast resources and strong R&D capabilities allow it to push cutting-edge technology and quickly adapt to market changes, giving them a competitive edge over Lumentum, especially in integrated solutions that require both hardware and software.

Cisco Systems, Inc. 

Cisco Systems is a leader in networking hardware and software, with operations that overlap with Lumentum’s optical communication products. Cisco’s competitive advantage lies in its extensive distribution channels and customer base in telecommunications, which allows them to bundle Lumentum’s technology within their broader networking solutions. While Cisco is primarily a systems integrator, their position in the network infrastructure space gives them leverage to compete effectively against Lumentum.

Finisar Corporation

Finisar Corporation, now part of II-VI, was a significant competitor in the optical communication components space, providing products that directly compete with Lumentum's offerings. Finisar was known for its high-quality transceivers, which were essential for data networks and telecommunication systems. Overall, while Finisar had strong brand recognition and customer relationships, Lumentum outpaced them in innovation and product diversity, particularly in high-speed laser solutions.

II-VI Incorporated

II-VI Incorporated is a major competitor in the photonics and laser markets, with a diversified portfolio that includes semiconductor lasers and optical filters. They compete with Lumentum primarily in the manufacturing of high-performance laser systems for industrial, telecommunications, and consumer electronics applications. II-VI has a better-integrated supply chain and broader industrial applications, providing them a competitive edge in scaling production and reducing costs.