II-VI opens service center for laser processing heads in Suzhou, China
16 April 2019
II-VI Incorporated has announced the opening of a service center for laser processing heads in Suzhou, China
China
Global market for laser materials processing systems reaches record $19.8bn
11 April 2019
The global market for laser systems for materials processing reached a record volume of $19.8 billion in 2018, despite slowing market growth
NLight 2018 revenue up 38.1 per cent despite challenging conditions in China
26 February 2019
NLight has reported a full-year 2018 revenue increase of 38.1 per cent, the reported growth has been made despite ongoing challenging economical conditions in China
Coherent Q1 revenue impacted by slowing materials processing sales in China
21 February 2019
Coherent's materials processing sales in China have been impacted by a combination of tariffs, rising consumer debt and eroding consumer confidence and spending, which have taken a toll on the Chinese economy.
Global laser systems market reaches $12.6bn in 2016
27 March 2017
The global market for laser systems for materials processing reached a record volume of $12.6 billion in 2016 after increasing 6.8 per cent
IPG exceeds $1 billion in annual sales
15 February 2017
IPG Photonics has reported annual sales exceeding $1 billion in 2016, an increase of 12 per cent year-over-year
China surpasses Europe as largest laser systems consumer
11 July 2016
Arnold Mayer, general manager of Optech Consulting, analyses the major trends in lasers and laser systems for materials processing, including the Chinese and fibre laser markets
Cheap steel hurts UK laser job shops
8 February 2016
Greg Blackman assesses how UK laser sub-contractors are coping with rock-bottom steel prices
