State-owned Abu Dhabi National Oil Co, (Adnoc) is seeking to cut 25% off its operating and capital spending, a senior official at the company was quoted as saying Thursday. "...we are trying to bring down operating expenditures and also ...
Equipment spending by semiconductor chip manufacturers, a key industrial market for vendors of both lithography and laser-based wafer processing systems, will reach $32 billion in 2010 – more than double the 2009 figure. ...
Tags: semiconductor, chip, LED fab
As part of the 11th International Laser Marketplace – the bi-annual industry conference staged at LASER World of Photonics in Munich – Dr Kunihiko Washio, CEO of Paradigm Laser Research (Tokyo, Japan) gave a presentation on the ...
The German machine vision (MV) industry is on a stable growth course. According to the latest market data from the country’s VDMA Machine Vision Association, in 2014 the sector will enjoy growth of five percent to surpass the sector ...
Tags: VDMA, Machine Vision, Positive Prospects
he annual value of US market sales of LED-based production lighting will double over the period 2013-2020 forecast period, according to market analyst ElectroniCast Consultants. The market forecast considers the use of LED-based lamps in ...
Tags: LED Lighting, camera, videography
Pricing pressures and a varied international outlook are still facts of life for industrial laser vendors, but overall demand remained in line with expectations during the first quarter of 2014. The regular survey of vendors carried ...
Tags: laser vendors, fiber lasers, semiconductor
Two new LED market surveys reveal the growing importance of Chinese suppliers to the world market and the significant growth forecast for LED multifaceted reflector lamps. Firstly, China’s significant investment in its LED ...
Tags: LED industry, MR Lamp, worldwide market
The European machine vision (MV) industry is in “an excellent condition”, according to the German VDMA’s latest market survey. published earlier in July. It states that the MV sector’s turnover grew more strongly ...
Tags: Machine Vision, strong growth, software
The latest quarterly Online Retail Report from eWAY has revealed Sydneysiders are now the biggest online spenders in Australia, overtaking Melbourne by 5.7 per cent, and spending more than double the amount per transaction. According to ...
Tags: online spenders, Sydneysiders
Inovir, the international leader in promotional and specialty packaging, has launched a new division, which is created to design and manufacture quality tote bags priced to allow brands worldwide to effectively deliver their messaging to ...
The global photonics market is worth at least $150bn, according to analysis by SPIE, the international society for optics and photonics (and owner of optics.org). The data were presented last week (4 September) by SPIE’s Industry and ...
Tags: photonics market, SPIE
Given the right policy frameworks and technology developments, solar technologies could be generating more than a quarter of the world’s electricity by 2050. That potential scenario, which would see solar overtake wind, ...
Tags: IEA, Solar, Electricity Generation
Packaging equipment producer Marchesini Group will set up a new branch of Marchesini Group Rus in Moscow, Russia to bolster the company's presence in the country. The branch's new facilities will be opened in January next year. These ...
Tags: Marchesini, Packaging equipment
“The machine vision industry in Germany will grow in 2014 by at least 10% minimum and overall industry turnover will exceed its sales forecast of about €1.8 billion by the end of this year,” stated Dr. Olaf Munkelt, ...
Tags: machine vision industry, Intelligent traffic systems, growth
China International Industry Fair, an annual world-famous fair, takes place at National Exhibition and Convention Center (Shanghai) from November 3 – 7, 2015. Industrial robots manufactured by domestic companies, a prototype Mars ...
Tags: Industrial robots, robots