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Business News
27 Jul 10
OPEL closes $7.5 M private financing

Canadian specialist in high-concentration photovoltaics will use proceeds to buy key components for upcoming projects.

26 Jul 10
Restructured GSI Group exits Chapter 11

Eight months after filing for bankruptcy protection, the GSI group of companies specializing in photonics technologies emerges with debts reduced by more than $100 million.

23 Jul 10
Confident Cymer adds to EUV research spend

Key light source supplier to electronics industry increases research and development outlay on laser-based EUV tool.

22 Jul 10
Fully-booked Ultratech lifts sales guidance

Laser and lithography systems vendor sees lead times increase to nine months for certain products.

21 Jul 10
LedEngin on target with Series D funding

Latest investment in LED lighting company will support both operations and research.

15 Jul 10
2010 PV forecasts converge around 14GW

Reduced photovoltaic feed-in tariffs will do little to slow market growth this year or next, but a correction is possible in 2012.

14 Jul 10
ASML confirms recovery as litho sales soar

The world’s leading vendor of lithography systems used in semiconductor wafer production now expects strong sales to continue into 2011.

13 Jul 10
Biolase cuts 20 jobs amid management reshuffle

CFO Brett Scott resigns from cost-cutting dental laser company as it re-instates former president Federico Pignatelli as executive vice chairman.

12 Jul 10
SEMI: fab spending recovery to continue

Ahead of Semicon West, industry group says it expects market recovery to continue – thanks in part to exploding demand for LEDs.

08 Jul 10
Organic LED shortage: new players needed

Market analyst suggests that short supplies of active matrix OLEDs are limiting the technology's threat to LCDs in mobile handsets.

07 Jul 10
Investor glee as LenSx agrees $744M buy-out

Huge return for venture capitalists as acquisition by Alcon Laboratories shows value of femtosecond lasers for cataract surgery.

06 Jul 10
GSI readies to emerge from Chapter 11

The laser sources and systems company anticipates exiting Chapter 11 proceedings in July.

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