5100 Patrick Henry Dr
Santa Clara, CA, 95054 United States
S&P 600 (June 30, 2014)
Russell 2000 (June 2014)
Coherent’s lasers make a lot of sense. The company uses light wave manipulation, called photonics, to manufacture and market a diverse array of lasers. Its products are used in a host of areas: microelectronics (semiconductor fabrication, packaging, flat-panel display, and solar cell manufacturing), scientific and government research in physical and chemical processes, OEM components and instrumentation, and materials processing. Its specialty lasers and systems segment (70% of sales) makes configurable laser products, while its commercial lasers and components unit (30% of sales) specializes in high-volume products sold in set configurations.