Laser systems specialist Rofin-Sinar Technologies reported fiscal third quarter sales of US$132.5 million for the third quarter, supported by “excellent sales level in the solar industry,” according to CEO Thomas Merk.
Although Rofin-Sinar does not breakout solar segment sales, its sales of lasers for marking and micro applications increased by 9% to US$64.1 million and represented 48% of total sales in the quarter.
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On a geographical basis, revenues increased in Asia by 11%, totalling US$50.4 million, and by 10% in North America to US$27.5 million.
“Our solar business was also very strong in Q3. We shipped a large portion of our Q2 order volume and we received new orders of high efficiency crystalline solar cells,” noted Merk in an earnings call to discuss fiscal third quarter results.
A key driver of sales is laser systems for PERC cells, which is starting to account for the majority of new capacity expansion announcements in 2015, according to PV Tech’s quarterly capacity expansion report, published in sister technical journal, Photovoltaics international.