Analyst report shows duo have cornered 80% of the market, largely thanks to Apple’s iPhones.

SPAC-funded lidar firm reducing headcount by around 30 as part of wider ‘streamlining’ effort to preserve cash.

Competition open to startups working in healthcare and ‘deep tech’ fields will take place during next year’s Photonics West event.

Yole Intelligence says that Sony is looking to consolidate its leading position as the market begins a new growth cycle.

Site will produce devices for use in semiconductor lithography, with operations expected to start in 2025.

Montana-based startup set to deploy its airborne sensors for shale gas extraction.

US lidar firm looks to scale production, while analyst Yole says Chinese companies now lead the automotive lidar market.

Maker of CdTe modules plans $1.2BN investment, with new domestic site expected to be operational in 2025.

Glass and fiber-optics giant expects to create 250 jobs at site in Phoenix area.

Photonics and materials giant to re-brand under the ‘Coherent’ name in early September.

Photonics giant to accelerate R&D spending, but expects major loss of market share in 3D sensing for smart phones.

Photonics packaging service provider sees stock rise in value after posting 20% jump in annual sales.