With revenues up 42% on 2009 and an even stronger ramp in orders, the diverse German photonics group has a new chief and is in buoyant mood.

German photonics group completes sale of Jena-Optronik to EADS Astrium, with proceeds set to increase company's diode laser capacity.

IMS Research expects Samsung LED to challenge long-time market leader Nichia as the number-one LED company by revenue in 2011.

Free of debt for the first time since its private equity backers took over in 2005, the former Agilent business unit is to reward its shareholders.

Strong sales and only minor increases in operating expenses add up to record profit for the US-based photonic component and module maker.

Emerald Technology Ventures and others close round aimed at adding capacity for silicon-based LED wafer production at Azzurro Semiconductors.

St Petersburg production facility represents first major LED fab in Eastern Europe.

Market forecaster IMS Research predicts that mainland China will leapfrog Korea and Taiwan within five quarters.

Reduction in support for photovoltaic installations in Spain is described as "brutal" by a local industry association.

Plastic optical fiber (POF) transceiver maker Firecomms will expand its engineering team significantly, following its acquisition by ZJF Group.

The European Photovoltaic Industry Association says that 2010 marks a watershed year in which concentrated PV technology is ready for large-scale deployment.

Currently head of PerkinElmer's optoelectronics business, John Roush will become chief executive of GSI for an initial three-year term.