New Jersey firm expects sales to jump 15% this year as CEO hails 'amazing time' for OLED technology.
Q3 2016 results show net revenue of $230 million – “above mid-point of guidance”.
Official opening of Pflugerville site in Texas includes new innovations laboratory for customer interactions.
Transition from LCD to organic LED displays drives majority of $500M bookings figure posted in latest quarter.
'At least' 25% of the lighting division to be sold off, but timing and pricing details are yet to emerge.
Market reacts negatively to latest results from the fiber laser giant, knocking 15% off stock value.
Dennis Werth lined up for leadership role, with current Newport CEO offered post on the MKS board of directors.
Company executives outline VCSEL production ramp plan following twin acquisitions of Anadigics and Epiworks.
Sensors will offer extended spectral range that will also help climate forecasting.
Improved sentiment in equity markets makes IPO increasingly likely; LEDs now account for half of all lighting sales.
Heriot-Watt University spin-out has developed waveguides that connect optical fibers with arrays of emitters or receivers.
But CEO Peter Wennink expects to start seeing results from customer tests of the latest EUV equipment in the third quarter.
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