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27 Jul 23
Corning reports improved second quarter financials

Sales increased sequentially but decreased year on year, in current “weak end-market”.

27 Jul 23
Photonis snaps up Israeli detection firm El-Mul

French imaging firm’s spend continues after recent acquisitions of Xenics, Telops and Proxivision.

26 Jul 23
Hamamatsu re-submits NKT Photonics bid

Major Japanese photonics company wants to consult with Danish authorities that blocked a planned €205M deal.

26 Jul 23
Report: Chinese suppliers take lead in automotive lidar

Yole analysts indicate 'big win' for Hesai and Robosense as market begins to take off in passenger cars.

25 Jul 23
Lumibird half-yearly sales rise to €97M

Solid increase in revenues thanks in part to additional lidar production capacity and strong market demand.

20 Jul 23
Trumpf posts all-time high FY revenue of €5.4 billion

Preliminary figures for “centennial year” 2022-23 are up by 27% – but order intake is down.

20 Jul 23
G&H acquires Artemis Optical for £8.9 million

Deal enhances group’s portfolio and creates new opportunities for vertical integration and cross-selling.

19 Jul 23
SiPhox Health lands $27M for silicon photonics test kits

MIT spin-out wins backing from Intel Capital and Khosla Ventures as it seeks FDA clearance for biomarker test platform.

19 Jul 23
ASML raises 2023 forecast despite market caution

Lithography giant now expects to post 30% sales growth this year, thanks to sales of DUV immersion tools.

18 Jul 23
Smart Photonics hails €100M funding

Semiconductor firms including ASML lend support to Netherlands-based InP chip foundry.

13 Jul 23
Skylark Lasers wins £2.3 million funding from Innovate UK

To help develop NX Micro COTS laser system for quantum gravity gradiometry applications.

13 Jul 23
Chip manufacturing equipment market to rebound in 2024

Key sector for laser and photonics expected to bounce back strongly from 2023 'adjustment'.

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