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Business News
25 Apr 13
Materials processing uptick boosts Coherent order book

First volume order for kilowatt-scale fiber lasers helps to offset weak scientific market.

24 Apr 13
Demand for LEDs in displays to triple by 2018

APAC sales to grow 23% per year – but revenues stay flat as unit price falls.

24 Apr 13
Cree posts sales record as $10 LED bulb hits US stores

The maker of high-performance LED chips, bulbs and lighting fixtures begins national marketing promotion.

23 Apr 13
PV module market to bounce back to growth in 2014

But Solarbuzz predicts 20% decline in revenues this year, and survival remains the priority.

23 Apr 13
Bridgelux sells LED chip making assets to Toshiba

Giant Japanese electronics brand to accelerate scale up of GaN-on-silicon LED production.

22 Apr 13
Philips reports surging LED sales

Transition to solid-state lighting includes deal to retrofit much of the Paris Metro system.

19 Apr 13
Ultratech hit by logic confusion

Stock down nearly 20% as the laser annealing and lithography tool vendor puts a freeze on new hires and cuts executive salaries.

17 Apr 13
ASML chief Meurice steps down

After more than eight years as CEO of the lithography company, Eric Meurice will become chairman of ASML Holdings in July.

17 Apr 13
Leica, Bausch + Lomb ink microscope distribution deal

German and US firms agree partnership on ophthalmic surgical microscopes.

12 Apr 13
Avago set to acquire CyOptics in $400M cash deal

Maker of single mode indium phosphide lasers and detectors to boost Avago’s presence in data centers and silicon photonics.

10 Apr 13
Open Photonics and VTT announce collaboration

Commercialization of novel spectral engine technologies

10 Apr 13
Electro Scientific snaps up GSI unit

Semiconductor systems business had been earmarked for sale by GSI back in 2011.

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