daily coverage of the optics & photonics industry and the markets that it serves
Featured Showcases
Optics+Photonics Showcase
Business News
05 Nov 20
Margins up at II-VI as 3D sensing demand proliferates

Pre-tax earnings rise at what is now one of the world’s largest optics and photonics companies.

03 Nov 20
Lumentum 'seeds' automotive applications to drive future VCSEL sales

Boom in 3D sensing technology in latest quarter offset by 5G push-outs and weak demand for industrial lasers.

02 Nov 20
IPG to launch hand-held laser welder

Fiber laser company is aiming to release a variety of potentially disruptive products within the next year.

28 Oct 20
Record-breaking sales at MKS as research spending recovers

Diversified industrial group sees continued strength in semiconductor and microelectronics manufacturing segments.

28 Oct 20
Continental buys into AEye lidar

Plan to industrialize long-range 1550 nm sensor technology for automotive use, with series production slated for 2024.

20 Oct 20
Jenoptik drops outlook as Covid situation deteriorates

German photonics giant reduces annual sales expectations down by a further €40M.

20 Oct 20
Lights out as Cree exits LED business with $300M sale

One of the pioneers of the solid-state lighting revolution focuses elsewhere as sales and margins shrink.

14 Oct 20
Trumpf expecting further sales decline next year

Industrial laser and machine tool firm boosted by strong demand in EUV tools as business drops sharply elsewhere.

14 Oct 20
ASML on course for record year despite Intel drag

Lithography leader set to sell slightly fewer EUV tools than expected this year, but sees more growth in 2021.

13 Oct 20
Investor Baidu agrees lidar purchases with Velodyne

Three-year sales agreement for the Chinese tech giant’s ‘Apollo’ development program in autonomous vehicles.

09 Oct 20
MicroLED display developer Aledia gains €80M of scheduled €120M funding

French firm closes first of 3 tranches in Series D investment for product and facility development near Grenoble.

06 Oct 20
Excelitas acquires Silicon Power's SolidTRON range

To expand defense and aerospace offering with solid-state discrete firing switches.

© 2023 SPIE Europe
Top of Page