SEMI organization predicts 24% upswing to new record level following Covid-delayed recovery.

$160 million all-cash acquisition set to create ‘world-leading’ provider of thin-film optical coatings.

UK optics firm looks to control cash but says all of its US facilities are now back up and running.

Bosses agree to waive salaries as the machine vision firm takes significant steps to reduce costs.

Andy Mattes says laser giant has been able to maintain manufacturing capacity at around 90% amid the Covid-19 pandemic.

Korean startup says it has now raised $14M, and is planning to launch a VCSEL-based product for cars next year.

Californian firm developing excimer laser treatment for vascular disease also agrees $2M loan under coronavirus relief scheme.

Optics giant feels initial effects of pandemic, but says semiconductor business remains stable at the moment.

Large Aircraft Infrared Countermeasures system designed to protect KC-130J transport and aerial refueling plane.

UK laser manufacturer has also appointed a new CEO, and says it will increase its workforce ‘significantly’.

Firm adjusts to counter Covid-19 impact, making structural changes with short-time working to cost-cuts.

Review predicts sustained growth for booming technology with sales expected to hit $3.9B by 2025; Intel leading.