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Business News
09 May 19
Osram reveals ‘expected’ €91 million loss in Q2, 2019

Continued market weakness in automotive, lighting and mobile devices hits photonics giant, which announces remedial actions.

09 May 19
Jenoptik cheered as order book swells

Sharp increase in sales and bookings from ‘Light and Production’ division keeps German firm on track despite weakness elsewhere.

08 May 19
Novanta steady despite macro worries

Overall sales up but photonics segment down amid weak macroeconomic environment and microelectronics slowdown.

08 May 19
Lumentum reports ‘strong’ third quarter results

First full quarter since Oclaro acquisition, results include impact of restructure and costs related to shift in datacom strategy.

07 May 19
Zeiss continues upward march

Sales and earnings up strongly again, thanks in part to the growing contribution of extreme ultraviolet optics.

02 May 19
IQE gets first order to mass-produce VCSEL wafers

UK-based epitaxial wafer foundry expecting two more customers to move to scale in next few weeks.

01 May 19
II-VI reports strong demand across communications portfolio

Leading edge of 5G network deployments and a strong uptick in bookings from China and India help fill the order book.

01 May 19
MKS execs highlight synergies with Electro Scientific integration

Newport and ESI businesses now benefiting from collective photonics expertise under the MKS umbrella.

30 Apr 19
Velodyne Lidar, Nikon agree to mass-produce lidar sensors

Nikon will manufacture lidar sensors for Velodyne with plans to start mass production later in 2019.

30 Apr 19
IPG sees signs of recovery in China

Mass production of new laser diodes key as IPG seeks to extend its competitive edge in fiber lasers.

30 Apr 19
Cognex forecasts sales dip amid consumer electronics slowdown

Machine vision specialist reports strong growth in logistics applications, offset by weaker demand elsewhere.

25 Apr 19
LightIntegra raises $5.3M for US introduction of optical blood platelet test

Canadian company’s ‘ThromboLUX’ device uses light scattering to determine size and distribution of platelets.

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