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Business News
06 Dec 10
Report: LED market tops $10BN in 2010

IMS Research expects Samsung LED to challenge long-time market leader Nichia as the number-one LED company by revenue in 2011.

03 Dec 10
Debt-free Avago pays out first dividend

Free of debt for the first time since its private equity backers took over in 2005, the former Agilent business unit is to reward its shareholders.

02 Dec 10
Finisar files another record-breaking quarter

Strong sales and only minor increases in operating expenses add up to record profit for the US-based photonic component and module maker.

01 Dec 10
€14.5M venture deal for LED wafer maker Azzurro

Emerald Technology Ventures and others close round aimed at adding capacity for silicon-based LED wafer production at Azzurro Semiconductors.

29 Nov 10
Optogan opens €80M LED fab in Russia

St Petersburg production facility represents first major LED fab in Eastern Europe.

23 Nov 10
China to lead world's LED production by 2012

Market forecaster IMS Research predicts that mainland China will leapfrog Korea and Taiwan within five quarters.

23 Nov 10
Slashed tariff will cut Spanish PV market by half

Reduction in support for photovoltaic installations in Spain is described as "brutal" by a local industry association.

23 Nov 10
Chinese take-over secures Irish photonics jobs

Plastic optical fiber (POF) transceiver maker Firecomms will expand its engineering team significantly, following its acquisition by ZJF Group.

22 Nov 10
Concentrated PV market "ready for take-off"

The European Photovoltaic Industry Association says that 2010 marks a watershed year in which concentrated PV technology is ready for large-scale deployment.

18 Nov 10
PerkinElmer exec to become new GSI chief

Currently head of PerkinElmer's optoelectronics business, John Roush will become chief executive of GSI for an initial three-year term.

17 Nov 10
Ophthalmic Imaging sees strong sales bounce

Sacramento-based producer of eye imaging equipment made net loss despite revenues increasing 50% in the first nine months of 2010.

16 Nov 10
CIGS developer DayStar on the brink

As new capital fails to materialize, one of the pioneers of CIGS-based thin-film photovoltaics is running out of options to avoid bankruptcy.

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