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IPG Photonics
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| Symbol | Summary |
|---|---|
| LITE | Lumentum — optical components and industrial lasers with overlapping exposure to materials processing and telecom. |
| LASR | nLIGHT — high-power fiber and slab lasers for industrial applications; similar end-market cyclicality. |
| COHR | Coherent — photonics and laser systems for industrial and scientific markets; a direct competitor on select product lines. |
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