Laser diodes from Philips Photonics are used, for example, in smartphones, in digital data transmission, and in sensors for autonomous driving. Photonics GmbH employs around 280 people. TRUMPF says it invested almost €340 million in research and development in the past fiscal year, 2017/2018. This corresponds to a development ratio of 9.5 percent. Lars Grünert, member of the Group Management Board and Chief Financial Office, is responsible for the new TRUMPF product field.