Stock price of the laser company rises sharply despite a drop in bookings.
Laser micromachining equipment firm recently acquired Wuhan Topwin Optoelectronics.
Component maker's stock price jumps 15% on news of stronger earnings and a record backlog.
Sector production value rose 3% to €60 billion, says Optech Consulting.
Acquisition follows glass and diversified optics giant's last month's purchase of Samsung's fiber optics business.
Longtime partners agree 7-year deal to trade technology and patent info, allowing LG to make and sell OLED display products.
Transformation of Madrid's entire street lighting system will see nearly a quarter of a million luminaires replaced by Philips.
Global sales of lasers for materials processing in 2014 will have grown by 8% to $11.6bn, says Optech Consulting.
Optics firm wants to invest in the expansion of its own Chinese operations.
Lithography company posts record sales and a sharp increase in profit.
100 jobs already lost as operations in San Diego are cut; more restructuring to follow as firm refocuses on electronics.
Fledgling photonics technologies represented include a laser mass spectrometer, sensors for autonomous driving and a remote glucose monitor.