Latest news with #CoherentCorp
The Sun
a day ago
- Business
- The Sun
Coherent opens new research facility
PETALING JAYA: Coherent Corp, a global leader in photonics, opened its new Datacom Research and Development Centre in Gelugor, Penang, yesterday, underscoring the company's strategic commitment to serving its rapidly growing global markets. Situated at Menara IJM Land, the Penang R&D Centre joins the company's expanding network in Malaysia, complementing its larger manufacturing sites in Ipoh, Perak and Perai, Penang, further maximising transceiver supply from Malaysian factories. Malaysian Investment Development Authority (Mida) CEO Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said the National Semiconductor Strategy (NSS), introduced in 2024, lays out Malaysia's plan to strengthen its position in the global semiconductor supply chain. 'One of the NSS's core priorities is supporting high-value R&D and advanced technologies exactly the kind of work Coherent is doing here in Penang. 'The strategy also aims to deepen Malaysia's local capabilities in areas like chip packaging, photonics, and silicon technologies, creating the kind of ecosystem that benefits global innovators.' Sikh Shamsul said as Coherent develops next-generation optical transceiver technologies at this new facility, it stands to gain from the strong pipeline of talent being built through the NSS. 'Mida is committed to supporting Coherent's journey not only in the past and present, but well into the future.' Coherent vice-president and managing director Jimmy Ling said: 'Coherent Malaysia takes pride in how strategically we are positioned to support the company's overall growth. 'Our successful establishment over nearly 25 years has played a critical role in strengthening our global value chain through ongoing expansion plans, and we are confident that our footprint in Penang will spearhead innovation in advanced photonics technology.' Meanwhile, vice-president of engineering, Asia R&D Jimmy Wu said: 'Penang is an ideal location, thanks to its well-established high-tech industry and a strong pool of technical talent capable of supporting our R&D growth plans.' The new centre comes equipped with impressive capabilities that put it at the forefront of optical technology, that is, next-generation silicon photonics solutions for optical transceivers; advanced development facilities for 400G, 800G, and 1.6T optical transceiver modules and specialised testing environments for AI and cloud computing applications This expansion strengthens Coherent's ability to serve its global markets while creating valuable connections between its manufacturing sites in Ipoh and Perai and its R&D operations in Shanghai.
Barnama
a day ago
- Business
- Barnama
Coherent Opens New Datacom R&D Centre In Penang
KUALA LUMPUR, July 29 (Bernama) -- Coherent Corp has opened its new Datacom Research and Development (R&D) Centre in Penang, underscoring the company's strategic commitment to serving its rapidly growing global markets. In a statement today, Coherent said the R&D centre will complement its larger manufacturing sites in Ipoh, Perak and Prai, Penang, further maximising transceiver supply from Malaysian factories. The Malaysian Investment Development Authority (MIDA) chief executive officer, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said that as Coherent develops next-generation optical transceiver technologies at this new facility, it stands to gain from the strong pipeline of talent being built through the National Semiconductor Strategy (NSS).
Barnama
2 days ago
- Business
- Barnama
Coherent Corp. Launches Coherent Malaysia's First Datacom R&D Center In Penang, Advancing Optical Transceiver Technology For AI And Cloud Computing
PENANG- SAXONBURG, Pa., July 29 (Bernama) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced the opening of its new Datacom Research and Development Center in Penang. This expansion underscores the company's strategic commitment to serving its rapidly growing global markets. The launching ceremony was attended by Government Officials such as the Chief Executive Officer (CEO) of the Malaysian Investment Development Authority (MIDA), Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid; CEO of Invest Penang, Dato' Loo Lee Lian; Chief People Officer, Coherent Corporation, Ms. Grace Lee and as well as other Coherent personnel.
Globe and Mail
22-07-2025
- Business
- Globe and Mail
Applied Materials Appoints Jim Anderson to Board of Directors
SANTA CLARA, Calif., July 22, 2025 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced the appointment of Jim Anderson to serve on its board of directors. Mr. Anderson brings over 25 years of experience in the technology sector and semiconductor ecosystem. Mr. Anderson has also been appointed to the board's Strategy and Investment Committee. 'We are excited to welcome Jim to our board,' said Tom Iannotti, Chairman of the Board. 'Jim's extensive experience in innovation-driven technology businesses will be invaluable as we scale Applied Materials and address the tremendous opportunities ahead.' Mr. Anderson has served as the Chief Executive Officer and a member of the Board of Directors of Coherent Corp., a global leader in photonics for the datacenter, communications and industrial markets, since June 2024. He previously served as a director and as President and Chief Executive Officer of Lattice Semiconductor Corporation since 2018. Prior to joining Lattice, Mr. Anderson was the Senior Vice President and General Manager of the Computing and Graphics Business Group at Advanced Micro Devices, Inc. Prior to that, he held a broad range of leadership positions spanning general management, engineering, sales, marketing and corporate strategy at companies including Intel, Broadcom (formerly Avago Technologies Limited) and LSI Corporation. Mr. Anderson sits on the Americas Executive Board for the MIT Sloan School of Management and the US-Japan Business Council. Mr. Anderson earned an MBA and Master of Science degree in electrical engineering and computer science from the Massachusetts Institute of Technology, a Master of Science degree in electrical engineering from Purdue University, and a bachelor's degree in electrical engineering from the University of Minnesota. About Applied Materials Applied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering solutions that are at the foundation of virtually every new semiconductor and advanced display in the world. The technology we create is essential to advancing AI and accelerating the commercialization of next-generation chips. At Applied, we push the boundaries of science and engineering to deliver material innovation that changes the world. Learn more at
Yahoo
07-07-2025
- Business
- Yahoo
Coherent Corp. Unveils New ACE FL Thulium Fiber Laser for Advanced Medical Treatments
Coherent Corp. (NYSE:COHR) is one of the best NYSE stocks to buy for long term investment. On June 24, Coherent announced the introduction of its new ACE FL series. This thulium fiber laser/TFL system is engineered for therapeutic medical applications, with a primary focus on lithotripsy and the treatment of benign prostatic hyperplasia/BPH. The two-micron ACE FL system offers greater procedural efficiency when compared to older laser technologies such as holmium:YAG systems. Thulium fiber lasers include superior cutting precision for BPH enucleation, which is a compact design to facilitate OEM integration, and improved energy efficiency. A row of precision industrial lasers in action, cutting the most intricate of shapes. The ACE FL platform uses proprietary fiber designs and manufacturing capabilities to offer OEM partners a scalable and high-performance solution for developing next-gen surgical tools. Coherent also simplifies integration by combining the power of the ACE FL series with its established disposable fiber assemblies. Coherent plans to showcase the ACE FL at the LASER World of Photonics Munich 2025 event. Coherent Corp. (NYSE:COHR) develops, manufactures, and markets engineered materials, optoelectronic components & devices, and optical & laser systems and subsystems for the industrial, communications, electronics, and instrumentation markets. While we acknowledge the potential of COHR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
