IPG Photonics

IPG Photonics

Community score

+0.43 -55
Industry: Semiconductors
Listing country: United States
Year added: 2021

Founded in 1990, IPG Photonics established its headquarters in Oxford, Massachusetts, United States. As a prominent leader in the development and manufacture of high-performance laser technologies, the company excels in various key segments including high-power fiber lasers, fiber amplifiers, diode lasers, and comprehensive laser systems tailored for cutting, welding, and assorted material processing applications. IPG Photonics is recognized internationally, largely operating under its flagship brand, "IPG Photonics." Their reach extends across multiple significant global markets, with notable sales in countries like China, the United States, Japan, Germany, and South Korea. Despite these emphasized regions, IPG Photonics' customer base spans worldwide, delivering solutions without being restricted to these key markets alone. (Powered by AI)

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IPG Photonics

Every year, 50 billion tonnes of CO2e are emitted globally1. Since 1981, the global temperature has increased at around 0.18 °C every decade2. To accomplish the Paris Agreement's aim of controlling global warming under 2°C, carbon-free solutions...

Oluwatobi O. April 3rd, 2024
32 ratings
IPG Photonics

Discrimination makes it harder for minorities to meet their basic financial needs1. People are often discriminated against based on age, race, ethnicity, etc.2. These experiences negatively affect their self-esteem and socioeconomic status3. Incre...

Kanak _. December 12th, 2023
32 ratings
IPG Photonics

Around 3.3 billion people are employed globally as of 20221. Job creation is vital for society, as well as for the economy2. It fuels economic growth as the spending of wages leads to a higher rate of consumer spending3, it reduces poverty as it p...

Hajarat H. October 19th, 2023
30 ratings
IPG Photonics

In order to ensure strong institutions and the well-being of society, governments spend a considerable amount of the state's budget on public goods and services, which are funded by taxes paid by individuals and corporations1. On average, the stat...

Gift O. October 3rd, 2023
22 ratings
IPG Photonics

Globally, over 2 billion (Bn) tonnes (t) of waste is produced every year1. About 40% of the waste generated globally is managed improperly, dumped, or openly burned, while only ~14% is recycled. Around 67% of landfill waste is biodegradable, which...

Henna B. August 18th, 2023
24 ratings
IPG Photonics

Due to the short life cycle of electronic gadgets, electronic waste (e-waste) is one of the fastest-growing segments of waste1. However, recycling solutions are ineffective, resulting in landfills2;p257. Also, e-waste contains several harmful addi...

Gift O. August 15th, 2023
32 ratings
IPG Photonics

Water consumption has risen to a rate more than double that of global population growth over the last century1. About 4 trillion m3 of freshwater is consumed across the globe every year2. As a result of high water consumption, over 2 billion peopl...

V S M. April 29th, 2023
26 ratings
IPG Photonics

As per the ILO, to be gender-balanced, an organization needs 40-60% of either gender1;pxii. Women's underrepresentation negatively affects their earning negotiations, promotions, hiring, etc., impacting their stand in society2. Achieving gender ba...

Emmanuel J. April 20th, 2023
26 ratings
IPG Photonics

In 2021, 40.8 billion (Bn) tonnes (t) of CO2e were emitted globally1. GHGs trap the Sun's heat and cause a rise in temperature and sea level, extreme weather conditions, & climate change2. GHGs cause harm to the environment by trapping heat in the...

Muhammad S. September 5th, 2023
36 ratings
IPG Photonics

The introduction of semiconductors was groundbreaking, as it led to the development of computers, resulting in the informatization of industries1. Semiconductor technology is key in tackling today's biggest challenges1. The top 20 semiconductor co...

Andrew A. August 30th, 2023
16 ratings

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