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Business News
21 Feb 11
SoloPower gets $197M loan guarantee for CIGS fab

San Jose company had announced plans to retrofit a 400 MW capacity facility in Oregon last month.

18 Feb 11
JDSU looks to gesture recognition, solar and more

The diversifying optics company anticipates a market worth as much as $800 million by 2015 as gesture recognition goes beyond gaming.

18 Feb 11
SunPower, Yingli forecast strong 2011 for solar

Photovoltaics giant SunPower identifies Italy and the US as two of the key markets driving growth in 2011, and rival Yingli agrees.

17 Feb 11
Boost for Rubicon on strong LED demand

Sapphire wafer manufacturer witnessed another sharp revenue increase as LED TV and solid-state lighting markets strengthen.

16 Feb 11
Cost-cutting MicroVision pins hopes on green diodes

Pico projector developer moves away from expensive frequency-doubled green lasers as part of a plan to nearly halve its cash burn rate.

15 Feb 11
Northrop makes 90 involuntary lay-offs in Florida

In all, the defense contractor is eliminating 150 positions, 14% of the workforce, at its Laser Systems facility in Apopka.

11 Feb 11
FLIR hampered by US budget delays

But the thermal imaging company still racked up record financial results and is set to issue its first ever shareholder dividend.

10 Feb 11
Zygo upbeat after strong metrology sales

Optical systems company is benefiting from recent addition of the ASML Optics division, now part of its 'extreme precision optics' division.

09 Feb 11
Cymer doubled extreme UV resources in 2010

San Diego company indicates robust semiconductor market, with chip makers said to be increasing capital expenditure plans for 2011.

08 Feb 11
Order boom puts Jenoptik on a strong footing

Reduced debt and better cost structures add up to sustainable growth in 2011, says the German optics giant.

08 Feb 11
Lumileds aims for complete 6-inch switch

In a move that should cut the cost of producing lighting-class LEDs, the top-tier manufacturer is migrating to larger wafers during 2011.

08 Feb 11
NeoPhotonics makes quick gains after $82.5M IPO

The photonic integrated circuit (PIC) manufacturer sees its stock make major gains in its first few days as a public company.

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