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29 May 19
Semiconductor slump 'worst in a decade'

World's ten leading chip makers each report declining sales in key market for lasers and optical systems.

29 May 19
CardioFocus raises $55M following positive trial results

Funding will support global launch of US firm's latest laser system for treating atrial fibrillation.

28 May 19
Stemmer expands with acquisition of Infaimon

Machine vision firm pays “tens of millions of euros” for Spanish firm; and now represented in all European markets.

23 May 19
Yole tips edge-emitting lasers for rapid growth spurt

French analyst team predicts that market will more than double in value by 2024.

23 May 19
OLED tech developer Cynora secures $25M Series C funding

Company also names serial start up leader Adam Kablanian as new CEO.

20 May 19
Huawei row hits photonics stocks

Value of Neophotonics, Lumentum, and II-VI all slump after blacklisting order by US government.

16 May 19
Second Sight seeks research talent as it focuses on Orion implant

US firm developing prostheses to restore level of sight to blind people will suspend production of older ‘Argus II’ product.

15 May 19
Toyoda Gosei backs optical design startup

Yamagata-based Imuzak also develops optical elements based on moth-eye nanostructures.

13 May 19
nLight reports dip in first quarter trading

Revenues, income and margins slide against previous year’s same quarter due to “seasonal softness and aggressive competition” in China.

09 May 19
Osram reveals ‘expected’ €91 million loss in Q2, 2019

Continued market weakness in automotive, lighting and mobile devices hits photonics giant, which announces remedial actions.

09 May 19
Jenoptik cheered as order book swells

Sharp increase in sales and bookings from ‘Light and Production’ division keeps German firm on track despite weakness elsewhere.

08 May 19
Novanta steady despite macro worries

Overall sales up but photonics segment down amid weak macroeconomic environment and microelectronics slowdown.

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