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Business briefs

28 Mar 2003

Including news from DenseLight Semiconductor, Cambridge Display Technology and more.

•  DenseLight Semiconductor, a developer of indium phosphide optoelectronic devices headquartered in Singapore, is opening an office in the US. DenseLight says that the new office in Campbell, California will allow it to better serve its customers in North America and Europe.

•  Cambridge Display Technology (CDT), the UK developer of light-emitting polymers (LEPs), has signed a signed a technology transfer agreement with DuPont Displays of the US. The agreement gives DuPont knowledge of CDT's ink-jet printing technique for making LEPs.

•  LINOS, the German optical systems specialist, has experienced a 20% drop in its annual revenue. The firm reported a revenue of EURO 69.8 million in 2002, versus EURO 86.7 million in 2001. "Demand for our photonics products fell short of our expectations for the second year in a row," said Gerd Liffin, the chief executive officer of LINOS.

•  US infrared imaging specialist FLIR Systems has won a USD 3 million contract to supply the Hellenic Port Police with airborne thermal imaging systems. The Greek authorities will integrate the systems onto helicopters for port security, coastal patrol and surveillance during the 2004 summer olympic games in Athens.

•  NEC of Japan and SVA of China have teamed up to establish a TFT LCD company in Shanghai, China. The new company, which has yet to be named, will become the first facility in China capable of handling every aspect of TFT LCD manufacture. The facility will initially employ 1200 staff when it opens in June this year and is aiming to begin production by October 2004.

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