For over 40 years, Laser Focus World Magazine has been the international resource for technology and applications in the global photonics industry and offers our readers greater technical depth, through the world's most experienced team of science editors and writers, than any other publication in the field.

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View Laser Focus World Magazine, January 2008

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COVER STORY: 2008 Market Review and Forecast

In the last few years the photonics industry has reinvented itself through innovation and taking cues from the semiconductor and consumer electronics industries. We look at the overall laser market with a detailed discussion of nondiode lasers in Part I of the Annual Marketplace Review. (Illustration by Chris Hipp)

Last September at the Optoelectronics Industry Development Association’s (OIDA; Washington, D.C.) “Perspectives on the Optoelectronics Industry” forum in San Jose, CA, keynote speaker Henry Kressel of Warburg Pincus (New York, NY) noted that in today’s increasingly competitive global technology marketplace, innovation is critical to sustaining and stimulating growth.

“Cross-fertilization in technology is a key driver behind innovation,” Kressel said. “And continuous innovation creates continuous economic value. It trumps cost cutting as a long-term strategy.”

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