Sales of fiber lasers from subsidiary JK Lasers triple year-on-year, but scientific orders are delayed.
Back-end facility in city of Wuxi represents an investment of more than €100 million by the German lighting giant.
But the LED manufacturer and solid-state lighting company says that more innovation is needed before the residential market takes off.
Double-digit increases in revenues boost confidence, though new business strategies weigh on some.
After a fiscal year in which it was hit by slumping metal prices and floods in Thailand, II-VI reports mixed demand trends.
Tough competition and strong US dollar mean industrial laser firm will miss its $80 million goal for fiscal 2012.
Government spending slowdown and US political gridlock prompt the photonics firm to streamline its operations.
Record bookings largely due to $10 million deal to fit Apache helicopters with night-vision cameras.
Partnership will promote laser dentistry and facilitate training in the field.
Fiber laser firm stands to benefit from growing adoption of high-strength steel and aluminum in auto manufacturing.
But the infrared imaging company increased earnings despite sharp year-over-year contraction in sales.
Laser giant ends June quarter with a record backlog, and will formally release its kilowatt fiber laser by the end of September.
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