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Photonic component manufacturer Lumentum says that its sales revenues will exceed half a billion dollars in the current quarter - and surpass $600 million this time next year, as demand from artificial intelligence (AI) data centers continues to accelerate. CEO Michael Hurlston announced a sales figure of just under $481 million for the quarter that ended June 28, up 56 per cent year-on-year and...
Recently, according to a report submitted by BioLight to the Tel Aviv Stock Exchange, Swiss American pharmaceutical and medical device giant Alcon Pharmaceuticals is acquiring Israeli medical technology company Belkin Vision.It is reported that BioLight will sell its 4% stake in Belkin Vision, which may be worth up to $330 million based on the milestones established in the transaction.Belkin Visio...
Limiting Auger recombination enables “record” quasi-continuous wave laser output.For years, engineers have sought better ways to build tiny, efficient lasers that can be integrated directly onto silicon chips, a key step toward faster, more capable optical communications and computing.Today’s commercial lasers are mostly made from III-V semiconductors grown on specialized substrates—a process that...
On August 9, local time, Germany's leading optoelectronics company Jenoptik released its 2024 second quarter interim financial results forecast. The financial data show that the company in the challenging market environment still shows strong growth momentum.In the first half of the year, Jenoptik achieved significant growth in revenue and earnings before interest, taxes, depreciation and amortiza...
Recently, Swiss company Bystronic disclosed its financial performance for the first half of 2024.The financial report shows that the market situation for the Swiss Super 100 in the first half of 2024 remains very tense. Customers in various end markets are unable to fully utilize their production capacity, and operations in all regions are relatively cautious.Despite Swiss supercar actively reduci...