New prediction from analysts at Yole Développement suggests $3.8BN market by 2025 - much lower than its earlier estimates.

Finisar co-founder Frank Levinson among early backers in Albuquerque startup's planned $3M series A round.

Chinese communications equipment giant accounts for nearly half the sales of the US company.

Developer of automotive lidar hardware and software expects $1 billion order backlog by the end of the year.

Optical packaging firm reports solid growth in telecom applications but industrial laser business continues to shrink.

Sales of photonics components for datacom, telecom, and 3D sensing grow fast as the digital transformation accelerates.

Photonic component maker recovers from Covid-related constraints; reports strong demand across its communications portfolio.

Orders for equipment used to screen people for elevated skin temperature remain at high levels.

Light & Production division business slumps due to pandemic; but some positive demand from semiconductor industry and public sector.

Combined group to offer lasers for medical, electronics, academic and luxury goods markets.

Build-out of 5G networks and related handsets helps fiber and semiconductor laser firm to post highest-ever quarterly revenues.

But emergence of 5G and flexible smart phones with organic LED screens offers hope of sustainable recovery.