CEO also describes 'all hands on deck' effort to ship $20M Linebeam system earlier than scheduled.
Momentum in laser and photonics divisions as the US firm looks to re-tool its manufacturing lines.
Separation move and 16% drop in sales of conventional lighting products mirrors rival Philips.
Fiber laser company senses opportunities emerging in new applications beyond cutting and welding.
Faster than expected decline in sales of conventional lighting as transition to LED appears to accelerate.
Workforce set to be cut by up to 10% amid lack of demand for KLA’s extreme UV lithography mask inspection tool.
Stock price up sharply on news that a US customer will buy at least 15 extreme ultraviolet lithography tools.
Fall in gross margins attributed to inventory adjustment sees LED lighting company’s earnings plummet.
French company also agrees loans with supplier and state-funded CEA authority to shore up its finances.
Investment in a 10 MW production facility follows acquisition of Californian start-up Alta Devices.
Laser giant Trumpf's subsidiary SPI Lasers takes on GSI's UK offshoot, a specialist in industrial and fiber lasers.
Sales and 47% margin both “in line with guidance”; similar figures forecast for Q2, 2015.
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