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Business News
30 Oct 14
Newport lands $26M ultrafast laser deal

Sources for surgical applications set to ship over the next two years as CEO hails 'excellent momentum'.

28 Oct 14
IPG sees laser cutting migrate to higher powers

Demonstration of 12 kW fiber cutter based on IPG laser expected at next month’s Fabtech trade show.

28 Oct 14
Cynosure up sharply on aesthetics boom

Stock price of the aesthetic laser firm jumps 10% following news of solid revenue growth.

28 Oct 14
Thorlabs expands QCL offering with Corning deal

Acquisition of the glass giant's optoelectronics research group includes strategic partnership with Daylight.

23 Oct 14
GT Advanced re-focuses on equipment

Deal with Apple sees company exit sapphire manufacturing and return to selling crystal-growing kit.

22 Oct 14
Cree slips again on weak guidance

Stock price slides further as the LED lighting firm's outlook disappoints Wall Street.

21 Oct 14
Philips: LEDs now account for 40% of sales

But €366 million penalty relating to pulse oximetry lawsuit forces industrial giant to record a paper loss in latest financial quarter.

16 Oct 14
Earnings up sharply as Trumpf looks global

Acquisitions in Turkey and India as EBIT jumps 61% and laser sales climb by 11% at the machine tool giant.

15 Oct 14
Jenoptik wins €4 million medical laser deal

To produce diode-based ophthalmology sources over two years for existing German customer.

15 Oct 14
ASML: two EUV customers hit wafer milestone

Lithography system vendor confirms that two chip makers have now demonstrated 500 wafers per day throughput.

10 Oct 14
Judge grants GTAT sapphire wind-down request

Bankruptcy court grants emergency motion as company says sapphire operation is burning through $1M each day.

08 Oct 14
Game-changer: the market impact of the blue LED

Nobel-winning research has created a $17.7 billion market and 250,000 jobs, says analyst.

 
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