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Han's Laser Group 2017 Revenue Release

Han’s Laser Technology Industry Group (SHE: 002008; Shenzhen) reported total sales of RMB 11.5 bn ($1.825 bn ) for the year of 2017, growing 66.12% year over year, which is much faster than either Trumpf or IPG.

Han's Laser Technology Industry Group grow in China.In November 2016,Han's Laser acquired CorActive High-Tech (Québec, QC, Canada), a manufacturer of specialty optical fiber and fiber laser modules.It would definitely help Han's Laser maker boost its capabilities in fiber laser manufacturing and expand into new applications and geographies.