Many of the major players in the optics and laser sector are now feeling positive about the immediate future, although pricing pressures remain severe. Of the vendors surveyed by analysts at Longbow Research, Ohio, only 10 per cent had faced a decline in year-on-year demand during the third quarter, an improvement over the 15 per cent who had said the same in July.
Sixty-nine per cent were able to report increased year-on-year demand, a figure unchanged from three months ago. On the face of it, this indicates a slowdown in the rate of recovery, but perhaps more importantly a degree of sustainability.
Full story from Optics.org