But executive chairman Jerry Rawls thinks that communications firms will have to begin adding to their network capacities before long.

Production capacities will be more than doubled, expansion will enable company to meet "strong growth in demand" particularly from Asia.

Fiber laser company expands presence in fine-processing market with acquisition of the laser micromachining systems vendor.

With business now stabilized and a key infrared optics development contract with Raytheon under way, CEO Jim Gaynor is in positive mood.

The digital imaging specialist is expecting a huge increase in sales during the current quarter for next-gen smart phones.

Sign of the times as Germany’s Q-Cells, once the largest solar cell maker in the world, is sold to the Korean conglomerate.

Though overshadowed by the Apple feud, a joint announcement between Samsung and Osram confirms a ‘global settlement’ over LED-related IP.

However, road ahead 'diverges sharply' depending on technology and geography.

New approvals in China and Japan, coupled with large-scale project completions in the US, take up the slack from a European slowdown.

UK-based subsidiary of the giant engineering and defense group posts 74% year-on-year increase in pre-tax profit.

Precision optics and metrology firm reports sharp increase in profits, despite having to write off costs of due diligence.

Korean semiconductor and electronics giant buys 3% stake in the Dutch lithography company, joining Intel and TSMC.