Stephen LeeThe global market for optoelectronic components is slackening because of reduced demand from end users, but new high-speed applications will revive the industry over the next five years. So says consulting firm Frost & Sullivan of Palo Alto, Calif., which estimates in a new report that overall sales of optoelectronic parts will rise from $4.23 billion in 2002 to $7.22 billion in 2009. In particular, the firm predicts that new blue and blue-green LEDs will supplant incandescent and fluorescent lamps in the signage, transportation and automotive sectors; that emerging modem and...Read full articleRelated content from Photonics MediaArticlesSPIE Names 2023 Society Award WinnersSPIE’s Awards Committee has named the recipients of its annual awards, recognizing achievements and service in photonics research, education, and industry. 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