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On August 16, Coherent, an American laser system solutions provider, announced its fiscal year 2023 and fourth quarter results for the year ended June 30, 2023. This is also the first annual report released after the merger of II-VI and Coherent.Fiscal year 2023 revenueCoherent reported revenue of $5.16 billion for the full fiscal year 2023, up 56% year over year.By business unit, the Networking b...
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...
Recently, according to a report submitted by BioLight to the Tel Aviv Stock Exchange, Swiss American pharmaceutical and medical device giant Alcon Pharmaceuticals is acquiring Israeli medical technology company Belkin Vision.It is reported that BioLight will sell its 4% stake in Belkin Vision, which may be worth up to $330 million based on the milestones established in the transaction.Belkin Visio...
Lithium batteries are highly favored in the fields of 3C digital and new energy vehicles due to their high energy density, environmental characteristics, and fast charging and discharging. Welding, as a crucial link in the manufacturing process of lithium batteries, has a decisive impact on battery performance and quality. Laser welding technology is increasingly playing an important role in the l...
In the era of smart factories, Mercedes Benz monitors all fast lasers in its global production network based on cloud, significantly improving system resilience and reducing the risk of machine downtime. The connection between the Mercedes Benz digital ecosystem MO360 and the Trumpf laser for digital prediction services has helped achieve very good dynamic maintenance, and achieved demand based ...