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Coherent Chief Optimistic on 5G Smartphone Upgrade Cycle

Coherent remains optimistic about “the pending upgrade cycle” to 5G smartphones, said CEO Andy Mattes. “The linkage between thin-flexible OLED screens and 5G capability seems high, driven by the need for larger batteries to occupy more of the device volume…

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as a requirement for powering the shorter-range, higher-frequency antennas.” The chief of the supplier of laser-based microelectronics to panel makers spoke to investors Wednesday evening following results for fiscal Q2 ended April 4.