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On August 30th, Changguang Huaxin released its results for the first half of 2023. In the first half of this year, the company achieved a revenue of 142 million yuan, a year-on-year decrease of 43.23%; Net profit attributable to shareholders of the listed company -10.6374 million yuan, a year-on-year decrease of 117.97%.Due to macroeconomic factors such as a slowdown in economic growth, market con...
Infinite Electronics brand and innovative operator level global supplier of fiber optic components, Integra Optics, announced the launch of its latest innovative product, the XGS-PON and GPON combination OLT SFP+BiDi optical transceiver module. This module integrates the passive optical network OLT and GPON OLT optical modules of XG (S), promoting seamless network rate deployment within the optica...
Recently, Novanta, a pioneer in advanced laser and optical subsystems for medical and industrial applications, announced that the company will relocate from its original official address (Emery Court in Stockport, UK) to a state-of-the-art 70000 square foot factory facility in nearby Orion Business Park. Its business capabilities will also be expanded fourfold to serve an expanding team and custom...
Recently, American photonics giant Coherent and Japan's Faraday 1867 Holdings signed a Letter of Intent (LOI), with the goal of expanding the manufacturing scale of high-temperature superconducting (HTS) tapes to be widely used in large-scale deployment of nuclear fusion reactors, while also promoting the transformation of green energy. Coherent's excimer laser is expected to be more widely used i...
Recently, Afinum Management, a private equity firm based in Munich, Germany, has acquired a large stake in two laser companies, with the intention of opening up new laser markets by combining the strengths of three parties.According to media reports, the two companies are ARC Laser in Germany and GNS neo Laser in Israel, and Afinum has agreed with the founders of the two companies that the acquisi...