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Hamamatsu Corp. - Earth Innovations LB 2/24

Optical Components Market Sees Decline, Some Gains

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Caren B. Les

At $941 million, second-quarter 2007 revenues for optical components were down 4 percent from the first quarter and down 1 percent from second-quarter 2006, according to a second-quarter market share report by Ovum RHK. With offices in London, Paris, Boston and other cities worldwide, the company provides market research advisory services to telecommunications equipment and component vendors and service suppliers. According to Daryl Inniss, lead author of the report, the revenue declines can be attributed partly to the inventory correction that resulted from initiatives by equipment...Read full article

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    Published: November 2007
    Glossary
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    BusinessCommunicationsindustriallight speedoptical componentsphotonicssubsystem productstelecommunications equipment

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