Coherent Inc supplies photonics-based solutions for commercial and scientific research applications. The firm operates in two segments: specialty lasers and systems and commercial lasers and components. The specialty lasers and systems segment develops and manufactures products for the microelectronics, scientific research, government, and original equipment manufacturer markets. This business contributes the majority of revenue. The commercial lasers and components segment makes products for the materials processing, OEM components and instrumentation, and microelectronics markets, with a focus on higher-volume products that are sold in set configurations. The majority of Coherent’s revenue is generated outside of the United States.