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Recently, Laserline, a leading semiconductor laser manufacturer in Germany, announced that it has completed the acquisition of a 70% stake in WBC Photonics, a Boston based laser technology expert, marking a significant strategic expansion for Laserline. Through this transaction, Laserline not only expands its product portfolio to include blue laser systems with excellent beam quality (better tha...
Sivers Optics, a subsidiary of Sivers Semiconductors, has signed a product development agreement with an undisclosed company.Starting from the initial contract worth $1.3 million, the prototype will be delivered in 2024, and it is expected that the agreement will grow rapidly in 2025 before transitioning to mass production. After entering full production, customers expect the annual chip productio...
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...
Recently, the National Renewable Energy Laboratory (NREL) under the US Department of Energy has made a revolutionary breakthrough by developing a concept validation method aimed at completely removing polymers from solar panel manufacturing, thereby achieving more efficient and environmentally friendly recycling.Solar panels have always been praised for their recyclability. However, the thin plast...
This month, German laser giant Trumpf completed an expansion project at its smart factory in Pasing, Austria. The opening ceremony was held in the presence of members of the Tongkuai Group family and representatives from the business and political circles. Over the past two years, Tongkuai has invested approximately 40 million euros in the expansion of the factory. The company has built two new...