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21 Nov 18
Flat panel display spending to decline through 2020

Analyst IHS Markit says FPD demand growth, which began in 2016, is slipping due to over-capacity.

20 Nov 18
Lidar startup AEye raises $40M; claims kilometer range breakthrough

Silicon Valley firm says it will use the series B funding to support its global expansion.

19 Nov 18
Effect Photonics completes Series-B funding

Investment intended to accelerate production ramp and fund next wave of technology development.

14 Nov 18
Guardian Optical raises $2.5M in VC round

Israeli startup is working on photonics technology for in-car monitoring and passenger safety.

14 Nov 18
‘On-course’ Jenoptik raises 2018 revenue forecast again

First nine months’ revenue up 12.6% over 2017 equivalent; and pre-tax earnings up by 27.8%; 2018 acquisitions completed.

12 Nov 18
Apple blamed as Lumentum slashes sales forecast

Revenue guidance for current quarter cut by $70M on sudden drop in demand for laser diodes used in 3D sensing applications.

12 Nov 18
II-VI and Finisar agree $3.2BN merger

But II-VI stock falls by one-fifth as market questions price of deal valuing Finisar at substantial premium.

08 Nov 18
Infinera bombs amid customer spending 'pause'

Optical networking equipment and photonic integrated circuit manufacturer sheds one-third of its market valuation as investors take fright.

07 Nov 18
Coherent sales hit by US-China tariffs

Trade war takes the edge off record-breaking fiscal year, with a 10% dip in sales now pencilled in for 2019.

06 Nov 18
nLight looks to move up power scale

Fiber laser firm reports 'aggressive' price competition in China; says will move beyond 10 kW in 2019.

02 Nov 18
II-VI soars on strong outlook across multiple sectors

Stock leaps 20% as company reports negligible impact from China tariffs, broad-based demand for its photonic components and sub-systems, and an acquisition related to laser weapons development.

31 Oct 18
Stemmer and Cognex both report healthy revenues

Stemmer's record annual revenue up 14% to over €100 million; Cognex has second-best quarter but warns China market is cooling.

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