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Same economy bears different results

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Three top photonics companies recently announced quarterly results, and the mixed results reflect the industry’s ongoing attempts to recover from the 2008 downturn. Coherent Strong sales in the microelectronics market, particularly those of excimer laser annealing systems for flat panel displays, contributed almost half of Coherent’s third-quarter revenue of $196.4 million, the laser maker reported. Profit for the quarter, which ended June 30, was $17.2 million, or 72 cents a share, down slightly from the record-setting $19 million, or 74 cents a share, for the same...Read full article

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    Published: September 2012
    Glossary
    annealing
    The process of heating and slowly cooling a solid material, like glass or metal, to stabilize its thermal, electrical or optical properties or, as in semiconductor materials, to reverse lattice damage resulting from ion implantation of dopants.
    excimer laser
    An excimer laser is a type of ultraviolet laser that emits short pulses of light in the ultraviolet spectrum. The term excimer is derived from excited dimer, reflecting the nature of the gain medium used in these lasers. Excimer lasers are widely used in various industrial, medical, and scientific applications due to their ability to deliver high-energy, UV light in short pulses. Key features and characteristics of excimer lasers include: Excimer molecules: The gain medium of an excimer...
    Andrew SilvernailannealingBusinessCoherentCommunicationsConsumerCVI Melles Griotexcimer laserfiber lasersflat-panel displaysHelene SimonetIdexindustrialIPG PhotonicsJohn Ambroseolight speedmarketsmaterials processingMelinda Rosepolycrystalline siliconTim MammenValentin GapontsevLasers

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