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Alliances Set to Strengthen Europe-APAC Trade Relations

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While trade relations between European and Asia-Pacific nations are growing, Brexit is expected to pose challenges and potential complications for the European Union trade market. The photonics industry is actively adjusting.

JUSTINE MURPHY, SENIOR EDITOR, [email protected]

Europe has been struggling with the loss of manufacturing and related trade to Asia-Pacific nations, but optimism remains for collaboration between the regions that will drive mutual growth. “We still see that the high-tech manufacturing is in Europe, and there are good possibilities for volume production in Asia,” said Arne Leinse, project/account manager and vice president at LioniX BV in the Netherlands. As trade relations between European countries and the APAC region grow, Basil Garabet, CEO of NKT Photonics, noted that companies industrywide (and globally) are...Read full article

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