SPI Lasers appoints Sales Manager for Italy & Southern Europe


SPI Lasers has appointed Paolo Riccardi as Sales Manager for ItalySouthern Europe, as part of its continued focus on imp

EOT Acquires Laser Crystal Supplier FEE GmbH


EOT is a manufacturer of optical components and diagnostic equipment for high-power laser systems. FEE is a supplier of optical crystals used by manufacturers of advanced laser systems worldwide.

Jenoptik buys Otto, Ovitec to strengthen metrology business


Jenoptik has acquired 100% of the shares in Otto Vision Technology and Ovitec (all in Jena, Germany), both of which specialize in optical 2D and 3D inspection systems for quality assurance and process optimization.

Oxide acquires vacuum ultraviolet laser business of Lumeras


Japanese company Oxide based in Yamanashi, has announced the acquisition of the vacuum ultraviolet (VUV) laser business of Lumeras, which is based in Santa Cruz, CA, US. Financial terms of the deal were not revealed.

nLight to raise more cash; releases programmable fiber laser


The Vancouver, Washington, company, which raised around $100 million when it listed on the Nasdaq exchange in April this year, has posted solid financial results since then – recently announcing a pre-tax income of $9.6 million on sales...

Siemens, Alibaba Partner for Chinese Internet of Things Development


Siemens AG and Alibaba Cloud, the cloud computing arm of the Alibaba Group, have signed a memorandum of understanding to partner for industrial development of the Internet of Things (IoT) in China.

Lumentum reports 'record' 2018 revenue of $1.25 billion


In the latest quarter’s trading (to June 30) Lumentumachieved a net profit of $25.7m, up from a loss of $55.2m, in the same quarter of 2017. Revenue rose to $301.1 million from $222.7 million. The company’s latest financial statement a...

nLight gains traction in China


Diode and fiber laser firm reports qualification in several new ‘strategic’ accounts as it plans launch of higher-power sources in the near future.

ESI up strongly as sales boom continues


For the three months ending June 30, the Portland, Oregon, company delivered a net income of $31.1 million on sales of $110.6 million. And while orders from the semiconductor industry have slowed in the latest period, CEO Michael Burger ...

Annual II-VI sales top $1BN for first time


The diversified photonic component and subsystem maker reported sales of $1.16 billion for the 12 months ending June 30, up 19 per cent on the prior year. At $321 million, sales in the closing quarter of the company's fiscal year we...

Han's laser performance briefing: net profit in the first half of 2018 e...


Han’s Laser said that the overall business situation of the company remained stable in the first half of the year, and the display panel, new energy battery, high-power laser intelligent equipment and PCB business achieved rapid growth ...

SPI Lasers Completes HQ Expansion


Fiber laser developer SPI Lasers UK Ltd. has competed construction of its U.K. manufacturing facility with an increase in manufacturing space and overall footprint.

SEMI supports removal of U.S. tariffs on semiconductor products from China


SEMI fully supports the Congressional recommendation and believes that the proposed tariffs will ultimately reduce semiconductor-related exports, limit technology innovation, introduce significant uncertainty in the semiconductor supply ...

Rofin-Sinar UK Opens Italian Branch


Rofin-Sinar UK Ltd. opened a regional branch in Rivoli, Italy, which includes commercial and service functions, along with a testing laboratory.

Trumpf increases annual sales 15% to €3.6 billion


Industrial machine tool and laser giant Trumpf Group has reported what it calls “a significant increase” in its sales of around 15 percent at the end of the 2017/18 fiscal year (to June 30, 2018).

SPI Lasers officially opens its new manufacturing facility


Employees and the Managing and Supervisory Boards of SPI Lasers have today celebrated completion of their new UK manufac

SPI Lasers opens a new Service Centre in the USA.


SPI Lasers has announced the opening of their new service center in Wauconda, Illinois serving customers in North and South America. The new facility complements their existing Sales and Applications facility in Santa Clara, California ...

Raycus laser landing on the GEM today


Wuhan Raycus Fiber Laser Technologies Co., Ltd. (hereinafter referred to as ”Raycus Laser” ) has completed all IPO release procedures and successfully landed on the Shenzhen Stock Exchange today, officially becoming a member of the cap...