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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...
Every year, Shanghai is lit up with a “feast of light”, that is LASER World of PHOTONICS CHINA, which has lasted for 20 years and become an arena for global photoelectric enterprises to display and compete, instead of just an exhibition hall of devices. Chanelink team visited all these halls for laser technology, thoroughly learning the cutting-edge trends in photoelectric industry.As a technical...
Recently, Yawei Group signed a complete set of sheet metal laser processing equipment with Hubei Zhonggang Metal Xianning Second Production Base, adding bricks and tiles to the takeoff of Zhonggang Metal Business. After full production, the annual production of various aluminum metal plates will exceed 6 million square meters, and Zhonggang Metal will usher in another leap forward development!Zhon...
The leader of material processing industry lasers, Cohen Corporation, announced yesterday the launch of its new HyperRapid NXT industrial picosecond laser, with a working wavelength of 532 nm and an average power of 100 W, which can achieve ultra precision manufacturing of thin film solar cells.The second generation solar cells, which are expected to achieve a leap in energy efficiency, are mainly...
Recently, American semiconductor equipment manufacturer MKS Instruments announced plans to build a factory in Penang, Malaysia to support the production of wafer manufacturing equipment in the region and globally. This development plan will be divided into three stages to build a new factory, and it is expected to break ground and start construction in early 2025.Why choose to build a factory in M...