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On February 11th, global industrial fiber laser giant IPG Photonics announced its financial performance for the fourth quarter and full year of 2024. Annual sales have fallen below the $1 billion mark for the first time, with a year-on-year decline of 24% and a pre tax loss of up to $162 million. As an industry leader, IPG's financial report not only reflects the deep adjustment faced by the ind...
Recently, Fabrinet released its financial report for the three months ended December 27, 2024, showing that its sales and revenue exceeded expectations. During the reporting period, the company achieved sales of $834 million, a year-on-year increase of 17%. Net income increased by 25% during the same period, reaching $86.6 million.Although the growth in performance is still dominated by the optica...
Recently, foreign researchers have made remarkable breakthroughs in the field of flexible energy storage devices, successfully developing a small energy storage device that can stretch, twist, fold, and wrinkle freely. This significant achievement has been published in the journal npj Flexible Electronics.With the booming development of wearable technology, the demand for energy storage solutions ...
Superlight Photonics, a start-up company headquartered in Enshurd, has developed a broadband laser chip that can replace the bulky and power consuming technology currently used in advanced imaging and metering equipment.This idea suddenly appeared in his mind, while moving his other belongings from Germany to his new home in Enschede. During his doctoral research at the Max Planck Institute of Mul...
In the last century, the improvement of mechanical properties of structural metals was mainly achieved through the creation of increasingly complex chemical compositions. The complexity of this ingredient increases costs, creates supply fragility, and makes recycling more complex.As a relatively new metal processing technology, metal 3D printing provides the possibility to re-examine and simplify ...