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05 Aug 20
Coherent order book hit by Covid-19 slowdown

But emergence of 5G and flexible smart phones with organic LED screens offers hope of sustainable recovery.

04 Aug 20
China demand helps offset Covid-19 impact at IPG Photonics

Fiber laser firm reports better-than-expected quarterly financial results but near-term outlook remains uncertain.

03 Aug 20
Agricultural solar panel developer Insolight raises CHF 5M

EPFL spin-off backed by Swiss investors – on top of a CHF 10 M EU grant from HIPERION consortium.

30 Jul 20
Cognex swings to rare loss on Covid-19 impact

But the machine vision company will pay out another $10M shareholder dividend and expects revenues to bounce back in the current quarter.

28 Jul 20
Lumibird seeks medical recovery as like-for-like sales fall 17%

French firm hopes that expanding medical laser business will help it bounce back from the impact of the pandemic.

28 Jul 20
Orders down at Trumpf as Covid-19 'catalyzes' automotive slump

Laser giant also posts 8% decline in sales in preliminary results for latest financial year.

22 Jul 20
Teledyne Technologies second quarter sales dip 5% on Q2, 2019

Robert Mehrabian, Executive Chairman says, "much uncertainty remains in 2020; we do not know the pace of recovery."

21 Jul 20
Trumpf and STMicro partner on ultra wideband positioning systems

As part of deal, Trumpf also selling stake in BeSpoon, a developer of software and UWB chips for indoor localization.

15 Jul 20
ASML snaps up Berliner Glas as EUV orders near €10BN

CEO says business operations returned to normal in recent weeks; now expects 'growth year' in 2020.

09 Jul 20
ams finally seals Osram deal

Long-running acquisition saga comes to fruition following European Commission approval.

07 Jul 20
Smart Photonics bags €35M investment

Netherlands-based photonic integrated circuit (PIC) wafer foundry backed for expansion by local venture group.

07 Jul 20
Jenoptik set to expand again with Trioptics acquisition

Two-stage deal to buy optics metrology firm is expected to complete by the end of next year.

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