Industry & Companies

Corning CEO Says Company Is Ready for FTTH Growth

Corning CEO Wendell Weeks said on the third-quarter earnings call that fiber to the home (FTTH) will continue to drive growth, that the company is ready to meet this demand, and that FTTH and data center interconnect (DCI) are major opportunities for its optical communications business.

Corning Expects Fiber Adoption in Scale-up Networks to Accelerate in 2028

Corning expects fiber adoption in Scale-up networks to accelerate in 2028. Third-quarter optical communications sales reached $2.38 billion, up 44% year over year. The company said each GPU currently needs about 16 fibers in Scale-out networks; if Scale-up networks switch entirely to optical interconnects, the fiber count could rise to 160, with bandwidth and demand increasing tenfold. Corning also disclosed long-term agreements with Zayo, Verizon and AT&T, and is using customer prepayments to support capacity expansion, with prepayments rebated based on purchase volume.

RUNTO Forecasts Global Smart Glasses Shipments to Exceed 13 Million Units in 2026, Up 44.3% Year on Year

RUNTO forecasts that global smart glasses shipments will exceed 13 million units in 2026, up 44.3% year on year, excluding ultra-low-priced white-label products. Audio and camera glasses are expected to account for 83% of global shipments combined, with AR glasses at 17%, while AR glasses account for 41% of the Chinese market. China's first-half retail volume reached 909,000 units, up 85.5% year on year, and full-year shipments are expected to reach 3.2 million units.

Physical AI Drives Demand for Optical Components as Yongxin Optics Q3 Net Profit Rises 37.43%

Yongxin Optics released its third-quarter 2026 report. Q3 revenue was 306 million yuan, up 31.16% year on year, and net profit attributable to shareholders was 58.7358 million yuan, up 37.43% year on year. In the first half, revenue from LiDAR optical components more than doubled year on year, while high-end microscopes rose to 45% of sales. First-half gross margin was 35.71%, down 4.62 percentage points year on year, mainly due to the increased share of lower-margin barcode scanning modules.

Chicheng's Jialante Posts 80% Sequential Revenue Growth and 155% Net Profit Increase in Q3

Chicheng disclosed that its optical communications testing subsidiary Jialante posted sales revenue of 364 million yuan in the third quarter of 2026, up 80% sequentially, with net profit of 136 million yuan, up 155% sequentially. Jialante focuses on 800G, 1.6T optical modules and silicon photonic wafer testing. Its CPO product has completed validation and won customer approval, while NPO test solutions continue to advance. Chicheng will continue to ramp up capacity and deliver orders, while keeping Jialante's specialist team operating independently.

China Optics cuts losses by 35.52% in the first three quarters of 2026, but cash flow and new business ramp-up remain under pressure

China Optics released its Q3 2026 report. Net loss attributable to shareholders of the parent company was 123 million yuan in the first three quarters, narrowing by 35.52% year on year, as changes in the product sales mix lifted gross margin. Operating cash flow remained -93.5145 million yuan, while accounts receivable rose to 902 million yuan at period end. HUD complete units and PGU modules have shipped in small batches, and AR-HUD and LiDAR-related products are still progressing through customer validation and design wins. Automotive HUD and other products made only a limited contribution to operations in the period.

SeeYA Technology Q3 2026 Revenue Up 409% Year on Year, Turning a Quarterly Profit

SeeYA Technology reported third-quarter revenue of 724 million yuan, up 409.00% year on year, with net profit attributable to shareholders of 84.7932 million yuan, turning a profit for the quarter. Revenue for the first three quarters was 1.308 billion yuan, with net profit attributable to shareholders of 31.0712 million yuan. The company attributed the revenue growth to increased customer demand and shipments. The original article notes that demand for silicon-based OLED should focus on AR/ER and MR devices, while sustained profitability is also affected by customer concentration and Micro-LED technology iteration.

Han's CNC Reports Revenue of RMB 7.841 Billion in First Three Quarters, With Net Profit Attributable to Parent Up 214.03%

Han's CNC posted revenue of RMB 7.841 billion in the first three quarters of 2026, up 100.90% year over year, with net profit attributable to shareholders of the parent company of RMB 1.544 billion, up 214.03%. The company said demand for high-end AI PCBs is driving order growth, and processing and testing products for 800G/1.6T optical module substrates have passed validation with leading downstream customers and entered volume delivery. Its cold laser drilling solution can reliably process dense 50 μm microvias, while its high-precision microprobe tester can test 1.6T optical module BGA with pitch ≤150 μm.

LITILIT Opens New Femtosecond Laser Plant with Annual Capacity of Up to 3,000 Units

LITILIT's new femtosecond laser plant in Vilnius opened on October 16, 2026, with annual capacity of up to 3,000 units at full production. The plant represents a total investment of EUR 6 million and covers more than 4,000 square meters, with plans to produce about 1,000 units in the first year. The first products will be delivered in November 2026, mainly for export to Europe, North America and Asia.

Conant Optics Enters Core Lens Supply Chain for Qwen AI Glasses N1 Series

Conant Optics supplies 23 lens SKUs each for the Qwen AI Glasses N1 and N1 Pro, and serves as a core supplier of plano and myopia prescription lenses. It is the exclusive supplier of 1.74 high-index lenses, high-value colorful lenses and smart photochromic lenses. In the first half of 2026, the company's XR business revenue reached about 50.5 million yuan, up about 15-fold year on year, with gross margin rising to 42.9 percent. Its Shanghai base plans to add four dedicated production lines for lens lamination and complete-unit packaging.

TRUMPF@TRUMPF_NewsOptics industryPicksAI score5959

TRUMPF reported results for fiscal year 2025/26, with sales of about EUR 4.3 billion, roughly flat year over year, while orders rose nearly 7% to EUR 4.5 billion. The EBIT margin improved significantly to 11.1%. The linked press release headline notes that global semiconductor and data center demand drove the business.

Fanchuangwei High-Transparency Optical AR Lens Project Lands in Taizhou with Total Investment of About RMB 550 Million

Shanghai Fanchuangwei Technology's high-transparency optical AR glasses lens project has settled in Huangyan, Taizhou, to be carried out in two phases by Fanke Technology (Taizhou), with total investment of about RMB 550 million. Phase one, at about RMB 150 million, plans to complete an innovation center and pilot production line by 2027. Phase two, at about RMB 400 million, targets annual output of 100 tonnes of high-purity silicon carbide optical material by 2028. Aimed at AI glasses and AR terminals, the project covers the full chain from optical materials and etching processes to optical devices.

ZEISS Acquires Holography Company Ceres Holographics

ZEISS has acquired holography company Ceres Holographics. Upon completion of the deal, Ceres will be integrated into the ZEISS Microoptics business unit, which focuses on volume production of holographics. ZEISS said the acquisition will advance the industrialization of holographic windshield display applications and accelerate entry into broader holographic markets such as retail, near-eye displays and public transportation.

Advanced Fiber Resources to Acquire 99.97% of Passive Optical Component Maker Anjiexun for RMB 1.64 Billion

Following Sha Shuli's withdrawal from the transaction, Advanced Fiber Resources will adjust the acquisition target to a 99.97% stake in Suzhou Anjiexun, with a transaction price of about RMB 1.6395 billion and an appraised value of about RMB 1.650 billion for all of Anjiexun's equity. Consideration will be paid through share issuance, convertible bonds and cash, with the cash portion at about RMB 492 million.

Chip Demand Keeps Growing; ASML Studies Further Expanding Lithography Equipment Capacity

ASML said its existing 2027 and 2028 supply plans cannot fully meet customer demand and that it is studying a further expansion of 2028 capacity beyond the previously planned 30% increase. Quarterly sales through September 27 were EUR 11.7 billion, up more than 50% year over year. The NXE:3800F EUV lithography system slated for introduction next year will raise productivity from 230 to 260 wafers per hour.

Zhishang Technology Receives $500 Million Fiber Optic Connector Demand Forecast from PH Customer for 2027

Shenzhen Zhishang Technology announced the signing of a 2027 Demand Forecast Cooperation Memorandum with customer PH. The customer expects to purchase MPO fiber optic patch cords and other fiber optic connectors from the company in 2027, with a forecast target value of $500 million (approximately 3.346 billion yuan). C114 believes optical interconnect demand has expanded from optical modules and optical fiber cables to upstream optical components.

Lumentum CEO: 2029 Capacity Almost Fully Booked

Lumentum CEO Michael Hurlston said in an interview in Tokyo that about 70% of demand for some products will remain unmet next year, while other products still face a 30% demand gap through 2028. The company's 2029 capacity is almost fully booked, and it is ramping production at full speed.

LightCounting: Ethernet optical module market forecast to grow 120% in 2026

LightCounting's latest report says growth in the Ethernet optical module market was originally expected to slow in 2026, but data from the first nine months defied expectations: cloud provider capital expenditures accelerated sharply from late January to early February and remained strong over the following six months. The full-year Ethernet optical module market is now forecast to grow 120%.

XPANCEO partners with Contamac to advance AR contact lenses using FDA-cleared ophthalmic materials

Smart contact lens company XPANCEO has partnered with Contamac to advance the development of AR contact lenses using materials already used in FDA-cleared ophthalmic devices.

China Passenger Vehicle LiDAR Installations Reach 525,500 Units in August, with Hesai Just 65 Units Behind Huawei

Data from NE Times shows that LiDAR installations in Chinese passenger vehicles reached 525,500 units in August 2026. Hesai installed 182,436 units, just 65 fewer than Huawei, and the two together accounted for 69.4%. The growth logic is extending beyond simply adding vehicle models to multiple LiDARs per vehicle, robot perception and 3D spatial mapping.