Raycus fiber lasers exemplify nation's Made in China plan
Yan Dapeng, a leading expert in the development of fiber lasers, was visiting Wuhan in 2006 when he found out the fiber laser products he had helped create in the United States were sold to China at high, nonnegotiable prices, with poor after-sales service.
One year later, at the age of 51, Yan resigned from his US job, came back to China and partnered with a domestic company to found Raycus, which has developed into a leading developer and manufacturer of high-powered fiber laser and core components in China, breaking the American monopoly in the sector.
In 2013, Raycus succeeded in developing China's first 10 kW fiber laser - making China the second country to master the technology in the world. Last year, a 20 kW fiber laser produced by Raycus was unveiled at the laser technology and industry development forum held in Wuhan, Central China's Hubei province. That product is expected to enter mass production by 2018, according to the company.