JDS Uniphase Corp. (JDSU, JDU.TO) said that it has licensed patent rights for fundamental picosecond laser technology to Hamamatsu Corp. for the development of microelectronic products.
Picosecond lasers have become one of the most effective solutions for micromachining due to their accuracy at sending quick and powerful pulses of laser light to an exact point on materials during the creation of very small products.
In addition to micromachining, picosecond lasers are used for technology applications related to microsurgery, robotics, biological warfare detection, and high-precision optical radar.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.