Photonics-based solutions provider Coherent reported its financial results for CYQ2 2016. Coherent received over $240 million in flat-panel display related orders, including a single order for systems in excess of $100 million. Most of these FPD orders are tied to flexible OLED production.

LTPS laser annealing photo

Coherent also said it starts to see orders for other process steps in OLED production, including Short-Pulse Lasers for film cutting and excimer lasers for Laser-Lift-Off.

This was another very good quarter for Coherent's FPD business, even though orders were lower than the orders in Q1 2016. The company reports a massive shift from LCD to OLED production.

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