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Business News
21 Jan 15
ASML finishes year on a high

Lithography company posts record sales and a sharp increase in profit.

19 Jan 15
Soitec considers its CPV options

100 jobs already lost as operations in San Diego are cut; more restructuring to follow as firm refocuses on electronics.

15 Jan 15
18 picked for Startup Challenge semi-final

Fledgling photonics technologies represented include a laser mass spectrometer, sensors for autonomous driving and a remote glucose monitor.

13 Jan 15
Cree accuses rival of false advertising

Feit Energy and Unity Opto have ‘poisoned the well’ of the fast-growing LED lighting market, says Cree.

13 Jan 15
India emerges as key PV market

Multi-gigawatt installation deal in India agreed by solar provider SunEdison as analyst IHS predicts rapid uptake.

12 Jan 15
Iridex beats Wall St blues on strong guidance

Developer of medical laser systems cites strong tender activity amid expectations of a 16% jump in revenues this year.

12 Jan 15
TSMC sells LED unit to Epistar

Taiwanese firms agree $26 million deal for the foundry giant's fledgling LED operation as Epistar expands again.

08 Jan 15
Process giant Emerson acquires Cascade Technologies

Acquisition of quantum cascade laser specialist will enhance gas detection offering.

08 Jan 15
Sales up 10% at endoscopy innovator Mauna Kea Technologies

French developer of the 'Cellvizio' optical biopsy platform reports traction in Asia but a slowdown in the US.

06 Jan 15
American Infrared Solutions announces expansion

Lifting sensor fabrication and high vacuum dewar processing capacity by 150% due to customer demand.

06 Jan 15
Intel invests in Google Glass rival

Logic chip giant buys approximate 30% stake in Rochester-based Vuzix for $25M.

30 Dec 14
GTAT back selling sapphire furnaces

Bankruptcy court approves deal under which Apple will receive portion of equipment sales to repay the $439M GTAT owes the consumer electronics giant.

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