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Recently, IPG Photonics, a high-performance fiber laser supplier in the United States, released its first quarter financial report as of March 31, 2024.The financial report shows that IPG Photonics revenue in the first quarter was 252 million US dollars, a year-on-year decrease of 27%; The net profit was 19 million US dollars, a year-on-year decrease of 75%. The change in foreign exchange rate res...
November 25, 2024, Mainz, GermanyStarting from January 1, 2025, Dr. Torsten Derr will take over as the CEO of SCHOTT Group.The new CEO of SCHOTT Group previously served as the CEO of SGL Carbon SE.Starting from January 1, 2025, Dr. Torsten Derr will officially assume the position of CEO of SCHOTT Group. SCHOTT Group announced in October 2024 that Dr. Torsten Derr will succeed Dr. Frank Heinrich, w...
At the EPHJ exhibition, GF Machining Solutions will showcase its latest laser solutions for microfabrication and 3D surface texture processing. Inspired by 70 years of innovation in the machine tool industry and 15 years of mastery of laser technology, GF Machining Solutions' latest innovations enable manufacturers to take speed and accuracy to new levels - they can experience it firsthand at EP...
Recently, Laser Photonics Corporation (LPC), a laser cleaning equipment developer listed on NASDAQ in the United States, announced that the company has signed a final agreement to acquire Control Micro Systems, Inc. (CMS) through an Asset Purchase Agreement (APA), but the financial details of the transaction have not yet been disclosed.At present, LPC's market value has shrunk by 70%, and it is de...
SEI Laser, a leading manufacturer of laser cutting systems, and its North American distributor Matik, Inc. will showcase SEI Laser's three most popular machines at the upcoming Joint Printing Expo. Visit booth C2811 on the C floor of the Joint Printing Expo to watch live demonstrations of MERCURY, X-TYPE, and Labelmaster.MERCURY is the ideal choice for cutting everything from paper and cardboard t...