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US Commerce Report Finds German Optics Strong

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Anne L. Fischer

A report released by the US Department of Commerce paints a rosy picture of optics in Germany. Optical sales, for example, were valued at close to €37.5 billion in 2004. Approximately 16 percent of the manufacturing jobs in Germany are directly or indirectly related to optical technologies. According to VDI, the Association of German Engineers, optical technologies will replace roughly 30 percent of electronic technology in the next few years. The report cites a study by Optec Consulting of Switzerland that predicts that the global market for laser processing systems will grow by 13 percent...Read full article

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    Published: November 2005
    Businessdefenseindustriallaser processing systemslight speedoptical technologiesresearch laboratories

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