All-stock deal will create world's second-largest provider of optical components and modules for communications.

Directors at the consistently loss-making laser system developer take a 25% pay cut and look for additional financing.

After a year characterized by strong orders and debt restructuring, the German company is in expansion mode.

Key metric indicating demand levels in the market for semiconductor manufacturing equipment above parity for first time in 18 months.

Leading photovoltaics industry analyst reports market growth of 40% after a surge in demand to beat deep incentive cuts in late 2011.

Optech Consulting’s Arnold Mayer says that the market jumped 28% in 2011, reaching a record high.

Tear-down by chipworks.com finds the Apple is using the same 5 megapixel back-illuminated sensor as in its iPhone 4.

First Solar topped Lux Research’s rankings with just over 2 GW produced in 2011, but will come under pressure in 2012.

Group of companies focused on laser and precision motion technologies expects sales to pick up throughout 2012.

Investment of £607k will support activity in US and Europe, as VivoSight OCT scanner attracts clinical interest.

Injection of $24 million comes as the second clinical installation of its femtosecond cataract system approaches.

400 Joule amplifier section to feature in giant 10 petawatt system now under development in France.