LPKF

What LPKF does

LPKF Laser & Electronics SE is a Germany-based, publicly traded (SDAX) precision laser technology company founded in 1976 and headquartered in Garbsen, with 501-1,000 employees and subsidiaries in Fürth (laser welding), China, Korea, and North America. The company designs and manufactures high-precision laser processing systems organized around four pillars: (1) advanced semiconductor packaging, anchored by its proprietary LIDE (Laser Induced Deep Etching) and Tensor Ablation/Bonding technologies for through-glass via (TGV) formation in glass wafer and panel substrates, where it holds approximately 80% market share; (2) electronics manufacturing and PCB shops, served by CuttingMaster laser depaneling, SMT Stencil Laser systems, and the long-running ProtoLaser/ProtoMat prototyping lines; (3) laser plastic welding for automotive (e.g., Schrader/Sensata TPMS) and medical applications, including the newly launched ATA welding for PEEK; and (4) thin-film solar scribing (Allegro Essential), supplemented by contract manufacturing services through Vitrion (glass foundry) and LaserMicronics (microprocessing).

LPKF monetizes primarily through direct sale of capital equipment (hardware sales) with quote-based pricing, supported by service contracts, spare parts, and contract manufacturing revenue from Vitrion and LaserMicronics. Go-to-market is sales-led and event-driven, combining field sales reps and inside sales with global trade show presence (productronica, Medicaltec, AMTS, ICEPT, KPCAshow, Medtec, electronica India). End markets include semiconductor packaging (Absolics, Samsung Electric, TSMC), automotive, medical technology, electronics manufacturing, R&D prototyping, and solar. The company holds granted patents on LDS, LIDE, Tensor, and ATA technologies, with LIDE patent protection expanded into Korea in 2025 and LDS upheld at the German Federal Court of Justice.

FY2025 revenue was EUR 115.3 million (down 6.2% YoY) with adjusted EBIT of EUR 0.8 million; management has launched the "North Star" restructuring initiative targeting a double-digit adjusted EBIT margin while activist investors press for a capital raise. Strategic positioning is increasingly tilted toward TGV glass substrates for AI/HPC advanced packaging, where Absolics, Samsung, and TSMC are slated to ramp in 2H 2026, 2027, and 2028 respectively, and where LPKF's CEO has flagged that TGV market share is likely to compress from ~80% toward ~70% as TRUMPF enters with stronger vertical integration.

Name

LPKF

Legal name

LPKF Laser & Electronics SE

Website

https://lpkf.com

Company type

Public

Founded year

1976

Operating status

Operating

Headcount range

501–1,000 employees

Short description

LPKF Laser & Electronics SE is a Germany-based precision laser systems provider serving semiconductor packaging, PCB manufacturing, automotive, medical, and solar customers with proprietary technologies including LIDE for TGV glass processing (approximately 80% market share) and laser plastic welding solutions.

Ownership category

akta.pro rank

Headquarters

HQ city

Garbsen

HQ country

Germany

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Laser Systems and Equipment Sales: Sale of high-precision laser processing machines and systems for electronics manufacturing, PCB prototyping, plastic welding, and glass processing. Revenue is generated through direct sales of equipment ranging from R&D lab systems to high-volume production machines including ProtoLaser, InlineWeld, and CuttingMaster systems.
2. Contract Manufacturing Services: Vitrion provides glass processing foundry services and LaserMicronics offers microprocessing and plastic welding contract services for specialized manufacturing needs

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

LPKF develops, manufactures, and sells high-precision laser processing systems for advanced semiconductor packaging (glass-based TGV via LIDE/Tensor technologies), in-house PCB prototyping (ProtoLaser, ProtoMat), laser plastic welding for industrial mass production (InlineWeld, PowerWeld 3D, LDS), laser depaneling and SMT stencil cutting for electronics manufacturing, and laser scribing for thin-film solar modules. The company complements its hardware with CircuitPro control software, contract manufacturing services through Vitrion and LaserMicronics, and global sales and service support.

Product overview

LPKF is a German precision laser technology company offering a diversified portfolio of laser processing systems spanning advanced semiconductor packaging (LIDE, Tensor Ablation, Tensor Bonding), in-house PCB prototyping (ProtoLaser, ProtoMat, CircuitPro software), laser plastic welding (InlineWeld, PowerWeld 3D, LDS technology), solar module scribing (Allegro Essential), and microprocessing services (Vitrion, LaserMicronics). The product architecture consists of hardware systems complemented by proprietary software (CircuitPro) and supported by contract manufacturing services. The company serves semiconductor, electronics manufacturing, automotive, medical technology, and solar industries with solutions ranging from R&D prototyping to high-volume production.

Differentiator

Problem solved

Functional benefit

Brands

• LIDE: Laser Induced Deep Etching technology for precision glass processing
• ProtoLaser
• ProtoMat
• Vitrion
• LaserMicronics
• InlineWeld
• PowerWeld 3D
• Tensor
• ATA

Products and services

• ProtoLaser Desktop laser-based system for rapid in-house PCB prototyping and structuring, used by electronics R&D teams and scientific researchers from concept to working prototype.
• ProtoMat PCB prototyping milling machine system for electronics development and scientific prototyping, complementing LPKF's PCB prototyping portfolio.
• LIDE Technology (Laser Induced Deep Etching) Laser-based technology for precision glass processing, enabling through-glass via (TGV) formation for advanced semiconductor packaging, MEMS, photonics, and high-frequency applications.
• Tensor Ablation Advanced ablation technology for precise material removal in glass and semiconductor processing, part of LPKF's advanced packaging solutions portfolio.
• Tensor Bonding Bonding technology for semiconductor packaging applications, enabling precise joining of materials in glass wafer and panel processing.
• InlineWeld Systems Laser plastic welding systems designed for direct integration into production lines, including InlineWeld 6600 (2-second weld cycle) and InlineWeld 6200 for high-volume manufacturing of sealed plastic parts.
• PowerWeld 3D 8000 Laser plastic welding system for mass production of large welded plastic parts such as vehicle taillights, capable of welding parts up to 1000 x 750 x 400 mm using a quasi-simultaneous welding process.
• CuttingMaster 2122 Laser depaneling system for PCBA and EMS applications, separating individual PCBs from panels with high precision for electronics manufacturing production lines.
• Allegro Essential Cost-optimized laser scribing system for thin-film solar module production, expanding LPKF's solar equipment portfolio with a lower-cost option for solar manufacturers.
• Stencil Laser Laser system for SMT stencil production and micro-cut parts manufacturing for electronics manufacturing and SMT lines.
• Laser Transfer Printing (LTP) Digital laser transfer printing technology for advanced electronics manufacturing applications.
• Advanced Packaging Solutions Platform Comprehensive solutions for advanced semiconductor packaging, including glass wafer and panel technology processing, combining LIDE, Tensor Ablation, and Tensor Bonding technologies for high-volume manufacturing.
• ARRALYZE Technology platform for single cell analysis in life sciences research, developed by LPKF including a dedicated biolab facility.
• Vitrion Glass Processing Services Contract glass processing foundry services using LPKF's LIDE technology, providing glass component manufacturing as a service partner to customers.
• LaserMicronics Services Microprocessing and plastic welding contract manufacturing services, operating as a service partner alongside Vitrion for specialized manufacturing needs.
• CircuitPro Software Intelligent control software for PCB prototyping that drives ProtoLaser systems for structuring, drilling, and cutting operations, including Step & Repeat functionality.

Quantifiable outcome

• 40 million parts manufactured on LPKF laser welding systems at Sensata facilities
• +2 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Four partnerships are on record, tiered flagship, core and regional.

• QVLS-iLabs Future ClusterflagshipStrategic or Co-development Partner · 23 February 2026LPKF develops glass components for quantum computers in a funded research initiative. The company is working on glass components for ion traps as part of quantum computing technology development.
• Fraunhofer Glass Panel Technology GroupcoreStrategic or Co-development Partner · 28 October 2025LPKF co-initiates and delivers key strategic technology to Fraunhofer's Glass Panel Technology Group, advancing glass panel technology for advanced packaging applications. This partnership supports the development of glass substrates for semiconductor packaging.
• Brooks JapanregionalChannel Partner/ Reseller/ Distributor · 1 January 2025LPKF transitioned sales and service operations in Japan to Brooks Japan as of January 1, 2025, to strengthen support and presence in the Japanese market. This follows the discontinuation of LPKF Laser & Electronics Japan's direct sales operations.
• Schrader (Sensata subsidiary)coreTechnology or Integration · 2 June 2017Schrader, a Sensata company and global leader in TPMS sensors, selected LPKF's laser transmission welding technology for manufacturing tire pressure monitoring system sensors. LPKF provides InlineWeld 6600 laser welding systems, with over 300 million sensors produced using this technology.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• EO Technics: Korean manufacturer of laser markers, welders, and processing systems for semiconductor, display, and electronics applications. Comparable in laser processing for advanced packaging and Asian semiconductor fab customers.
• nLight: US-based manufacturer of high-power semiconductor and fiber lasers for industrial, aerospace, and semiconductor applications. Comparable as a laser technology supplier targeting semiconductor advanced packaging and electronics manufacturing.
• Hanmi Semiconductor: Korean specialist in semiconductor packaging equipment including TC bonders and sorting systems, with growing exposure to advanced packaging. Comparable end-market exposure (TSMC, Samsung) and emerging role in glass/advanced substrate assembly.

Direct peers

• TRUMPF: German family-owned leader in industrial laser systems and machine tools, now expanding into TGV/glass processing for advanced semiconductor packaging. Most direct competitive threat to LPKF's TGV franchise with greater vertical integration and scale.
• DISCO Corporation: Japanese manufacturer of precision dicing, grinding, and laser processing equipment for semiconductor and PCB applications. Comparable in customer base (advanced packaging, semiconductor fabs) and product category of laser-based material processing systems.
• ASM Pacific Technology: Leading supplier of assembly and packaging equipment for the semiconductor industry, including advanced packaging tools. Highly comparable in serving the same advanced packaging customer base (TSMC, Samsung) and addressing similar process steps.
• MKS Instruments (ESI / Laser Business): Through its ESI and photonics divisions, MKS supplies laser-based equipment for PCB drilling/cutting and semiconductor wafer processing. Direct competitor in laser PCB processing and adjacent semiconductor manufacturing equipment.

Broad incumbents

• Coherent Corp: Large US-based laser and photonics company serving semiconductor, electronics, and industrial markets including materials processing for advanced packaging. Competes with LPKF in laser sources and processing systems but with a much broader portfolio.
• Bystronic Laser: Swiss-based industrial laser cutting and bending equipment supplier for sheet metal and other industrial applications. Adjacent incumbent in high-power laser systems with some overlap in laser technology but different end markets.
• IPG Photonics: Global leader in high-power fiber lasers used in materials processing, semiconductor, and electronics applications. Supplies the laser source technology underlying many advanced packaging and PCB processing tools; broad incumbent in industrial laser systems.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/lpkf
• Facebookfacebook.com/lpkf.group

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LPKF