optical communications

An investment firm plans to purchase 220 shares of Corning (GLW) at $83, increasing its position due to a post-earnings report dip. Despite exceeding overall expectations with 14% core sales growth and better-than-expected EPS, Corning’s stock fell due to a slight miss in Optical Communications revenue. The firm views the pullback as a buying opportunity, citing strong growth in enterprise sales (driven by AI data center integration) within Optical Communications, robust Specialty Materials sales, and the “Springboard” plan. The firm believes in Corning’s long-term growth potential.

Coherent Corp. will unveil optical communication advancements at ECOC 2025 in Copenhagen, showcasing solutions for AI/ML data centers and next-generation networking. Key highlights include a 2D VCSEL Array, a 100G ZR dual-laser QSFP28 DCO module, and a 400mW CW Laser for co-packaged optics. Coherent will also demonstrate quantum-safe networking and high-speed transceivers. Executives will participate in discussions on transceiver evolution and manufacturing co-packaged optics.

Dongshan Precision plans to acquire Taiwan’s Source Photonics for up to $850 million to expand its optical communications business. The deal, which aims to integrate Source Photonics’ vertically integrated operations and high-speed optical module capabilities, is pending approval from Taiwan’s Ministry of Economic Affairs. The Ministry has stated it has not yet received an application and will conduct a rigorous review, citing the need for an investment plan amendment.