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.

Sacramento-based producer of eye imaging equipment made net loss despite revenues increasing 50% in the first nine months of 2010.

As new capital fails to materialize, one of the pioneers of CIGS-based thin-film photovoltaics is running out of options to avoid bankruptcy.

Major supplier of solar cells and modules is looking for a more balanced geographical split in 2011, as the German PV market absorbs feed-in tariff cuts.

Additional capital needed to complete new 30 MW solar fab and cover operating costs ahead of production ramp.

The German laser and optics company sees a strong rise in orders, as the positive impact of earlier cost-cutting measures is felt on the bottom line.

After a depressed 2009, machine vision is benefiting from a buoyant German economy, a growing applications base and demand in Asia.