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Business News
31 Mar 15
Philips sells LED unit to China-led investment group

GO Scale Capital, part-funded by China's GSR Ventures, to acquire an 80% stake in Philips’ Lumileds and automotive lighting business unit.

25 Mar 15
Nikon-bound Optos picks up 'UK PLC' technology award

Retinal imaging company is set to be acquired by Nikon in a £260M cash deal.

25 Mar 15
LUXeXceL and Lambda Research team up on 3D-printed optics

TracePro software used to produce custom-textured lens arrays as emerging technology offers prospect of “mass customization”.

23 Mar 15
IPG stock storms to $100

Market capitalization of the fiber laser firm now exceeds $5 billion.

19 Mar 15
ProPhotonix CEO hails 'landmark' year

Tim Losik reports first full year of positive operating income in nearly two decades.

18 Mar 15
Automotive ‘a great opportunity’ for photonics – analyst

Market research by Tematys finds the car industry to be a good business prospect for photonics manufacturers and reveals the in-demand technologies.

16 Mar 15
Electro Scientific to shut US facility

Closure of Chelmsford, Massachusetts, manufacturing and development site will see loss of 45 jobs.

11 Mar 15
US solar capacity hits 20 GW

Another record-breaking year beckons for the US photovoltaics market as installers race to complete utility-scale projects before the end of 2016.

10 Mar 15
Finisar reports positive third quarter

Telecoms revenues continue to slide but datacom sales lifts bellwether optical systems developer.

09 Mar 15
Laser sales up solidly at GSI

Carbon dioxide and fiber lasers each contribute to a 7% increase in revenues in US firm’s latest fiscal year.

27 Feb 15
JDSU lasers division to become 'Lumentum'

US photonics and metrology company confirms identities of the two businesses it will split into later this year.

25 Feb 15
First Solar begins silicon module ramp

As the firm pushes the efficiency of its long-standing CdTe technology, it is simultaneously starting to ramp TetraSun's silicon cells.

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