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Business News
24 Apr 14
ESI warns of wider losses

Results for the laser micromachining company's closing quarter of fiscal 2014 will be worse than forecast.

23 Apr 14
Cree drops acquisition hints

Cash-rich LED maker looking at strategic investments while pushing technology to new performance levels.

23 Apr 14
Solar Frontier ponders New York expansion

Memorandum of understanding raises possibility of thin-film solar panel maker locating research and manufacturing activity in the US.

22 Apr 14
Rockley Photonics closes 'several million dollar' first funding round

Bookham founder Andrew Rickman attracts big bucks to develop silicon photonics-based comms system.

21 Apr 14
Professional production LED lighting market forecast

US sales of LED-based production lighting to double by 2020 to $80m.

17 Apr 14
ASML: volume productivity with EUV in 2016

Lithography firm expects to recognize revenue for sale of eight EUV systems this year.

11 Apr 14
Funding boost for Gooch and Housego

Photonics firm lands £0.8M in latest round of the UK government's Regional Growth Fund.

09 Apr 14
Key investor sells €60 m stake in Jenoptik

Ergo Versicherungsgruppe, longstanding major shareholder of Jenoptik, cashes in 8.5% stake for €60 million.

08 Apr 14
Truesense Imaging set for $92M transition to ON Semiconductor

Acquisition of former Kodak digital imaging division gives chip maker access to high-performance market.

04 Apr 14
European turnaround pushes laser systems market to new high

Global market for industrial laser systems worth $10.7BN in 2013, says Optech’s Arnold Mayer.

03 Apr 14
Average LED lamp price drops 9% in one year

Combination of Chinese production, improved performance and fierce competition drives down unit costs.

02 Apr 14
NASA hands key laser comms contract to ITT Space Systems

ITT wins 15-month contract to build key elements of the Laser Communications Relay Demonstration project.

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