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Business News
09 Jan 18
Venture round backs Pyreos with £1.7M

Consortium led by Jon Moulton's 'Perscitus' private investment vehicle supports expansion of infrared sensor firm.

05 Jan 18
OLED TV price cuts prompted Christmas rush

Analysts at IHS Markit report says sales more than doubled year-on-year after LG and others cut prices.

03 Jan 18
Edmund Optics buys ITOS, maker of filters, polarizers

Acquisition strengthens EO's presence in Europe; forms basis for expanding manufacturing base in the region.

22 Dec 17
$30M venture round for laser-activated melanoma therapy

'First-in-class' photodynamic treatment developed by Aura Biosciences is currently in clinical trials.

20 Dec 17
IQE sales boosted by VCSEL demand

UK-headquartered epiwafer foundry says its photonics-related revenues have doubled year-on-year.

14 Dec 17
Zeiss chief hails 'best year ever'

Sales up 10% on back of stand-out year for semiconductor investments, with CEO Michael Kaschke focused on future innovations.

14 Dec 17
Apple confirms Finisar VCSEL support

World's most valuable company has earmarked $390 million to help make the optoelectronics company's Texas fab the 'VCSEL capital of the US'.

12 Dec 17
Corning splashing $900m on 3M's communications division

To strengthen global market reach and expand high-bandwidth portfolio. Acquisition business "worth $400m in annual sales."

12 Dec 17
SEMI confirms record-breaking year of equipment spending

Investment of $55.9 billion eclipses previous high set in 2000, with Korean chip makers leading the charge.

08 Dec 17
Finisar buys wafer fab to ramp VCSEL arrays for 3D sensing

700,000 square-foot facility in Sherman, Texas, will host 6-inch VCSEL wafer production, with CEO Jerry Rawls expecting ‘gigantic’ future demand.

06 Dec 17
Prysmian to acquire General Cable for $3 billion

Fiber-optic cable powerhouses merger would create notional annual sales worth €11 billion.

05 Dec 17
Startup's car sensor 'monitors driver heartbeat'

Israel-based Guardian Optical Technologies plans accelerated development of multifunctional sensor technology for what it calls 'passenger-aware' cars.

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