Travel ban and hiring freeze among the measures as company prepares to weather global economic downturn.
Photonics company has reset its ambitions for the year, and is expecting a second-half recovery.
Boom in online traffic during lockdown prompts rush of demand for key photonic components needed in networks and data centers.
But the high-power diode and fiber laser maker says less severe disruption in China helped deliver better-than-expected results.
Thermal imaging company sees widespread spike in demand across numerous industries.
Fiber laser giant's stock price returns to pre-pandemic levels as the company reports rapid recovery in China.
But the photonic component giant expects to benefit from an accelerated shift to digital working and virtual entertainment.
Advanced semiconductor wafer foundry says relaxed debt terms will help ensure liquidity in the event of a severe recession.
Machine vision firm adapts to ‘new reality’ as chairman urges governments to better balance pandemic risks with lockdown impact.
UAVenture Capital invests in supercontinuum technology developed at the University of Arizona’s influential school of optics.
Semiconductor equipment giant says it has come up with creative solutions to the challenges of Covid-19, while prioritizing safety.
US-headquartered firm says its production facilities in China and Taiwan have remained operational despite Covid-19 pandemic.