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03 Nov 15
OLEDWorks finalizes purchase of Philips' OLED plant lines

Rochester, NY, firm buys into center of excellence in Aachen, Germany, with OLED market ambitions.

02 Nov 15
Soraa switches expansion to Syracuse

LED lighting firm had been due to share Buffalo manufacturing site with solar cell maker Silevo.

29 Oct 15
Flir's third quarter results reveal modest gains

Surveillance and security business improves while Instruments and Maritime sales slide; currency swings hit profitability.

28 Oct 15
Glowforge claims $28M in pre-orders

High-profile start-up is due to begin shipping its low-cost CO2 laser cutters in December.

27 Oct 15
IPG shrugs off China worries with another record quarter

Full-year sales of $900 million looking likely as the fiber laser giant reports further rapid growth.

26 Oct 15
Ultratech reduces workforce by 10%

Lithography and laser annealing system vendor blames economic uncertainty and 'capacity issues' affecting the semiconductor industry.

26 Oct 15
Lumileds sale threatened by US authority 'concerns'

Committee on Foreign Investment in the US could scupper deal to sell Philips' San Jose-based LED lighting subsidiary.

21 Oct 15
Trumpf: EUV technology 'in decisive stage'

Laser giant reports 17% rise in laser technology sales for latest financial year; expects 'major orders' for EUV soon.

21 Oct 15
Samsung leads $10m investment in TeraView

UK terahertz inspection pioneer wins international backing for product, business development.

21 Oct 15
Lam and KLA merger to create semiconductor powerhouse

$10.6 BN takeover of KLA-Tencor by Lam sets up rival to Applied Materials and a huge purchaser of laser and photonics equipment.

20 Oct 15
Venture group buys OCT engine specialist Axsun

Anzu Partners acquires photonics division from Philips-owned Volcano Corporation.

14 Oct 15
ASML to ship only three more EUV systems in 2015

Lithography giant pushes back EUV schedule again but says that the technology remains the key to getting Moore's law back on track.

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