Subsidiary has just released a 2 kW product, but GSI says that Chinese customers want to see even higher powers.

Demand for LED lamps for lighting in the Asia-Pacific region will hit 3.4 billion units in 2016.

Transition to unsubsidized markets hinges on competitive pricing and reliability – such as using satellite imagery to predict cloud cover.

Company now has a backlog of 86 high-power fiber lasers, but share price drops sharply on weak guidance.

But the laser and photonic subsystem provider sees an upturn in demand from the semiconductor market, and long-term potential in defense.

Onwards and upwards for the fiber laser specialist, whose products are directly boosting the productivity of US auto manufacturers.

Russia’s sovereign technology investment corporation pays $8 per share for stake in photonic chip developer.

Developer of laser- and light-based dermatology systems hopes to raise profile of company among Israeli investors.

The laser company sees a surge in orders for multiphoton spectroscopy applications and materials processing, but shares fall 10%.

Parent company cuts operating expenses at its optics and photonics subsidiary in a bid to improve margins.

But major provider of infrared optics is boosted by growing demand, plus new applications in EUV lithography and green laser diodes.

After Nichia launches a lawsuit against its Taiwanese rival in Germany, Everlight seeks damages from Michigan court.