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Recently, Markets And Markets released a five-year assessment report on the global laser industry. According to the report, the global laser technology market is expected to reach $20 billion by 2024 and is projected to reach $29.5 billion by 2029, with a compound annual growth rate of 8.0% during the forecast period.Global Laser Technology Market ForecastThe reasons for market growth include: the...
On February 3, 2025, Lumentum Holdings has appointed Michael Hurlston as its President, CEO, and Director, effective from February 7. Hurlston replaces Alan Lowe, who has been serving as the company's President and CEO since 2015. Lowe will continue to serve as a member of Lumentum's board of directors and as a consultant to the company.Lumentum is a major supplier of high-speed optical transceive...
Snapmaker has been making three-in-one manufacturing tools -- The Snapmaker, Snapmaker 2 and Artisan -- for over six years now. These machines have changeable tool heads that can be used for 3D printing, laser cutting and CNC machining. At the beginning of this year, it branched out to make adedicated 3D printer, the J1-- a dual print-head machine that works very well -- and today the ...
Laser Photonics Corporation is a leading global industrial developer of CleanTech laser systems for laser cleaning and other material applications, highlighting a key application of its CleanTech laser system.Wayne Tupuola, CEO of Laser Photonics, commented, "Our CleanTech laser cleaning system provides an efficient and cost-effective method for removing biofilms from various materials and surface...
According to South Korean media etnews, Samsung Electronics and SK Hynix have started the process technology conversion of high bandwidth memory (HBM) wafers, with the introduction of new technologies to prevent wafer warping as the core, which is considered to be aimed at the next generation HBM. It is expected that with the process transformation, the material and equipment supply chain will als...