2017-11-08

Veeco Sees Robust Demand in China

Veeco 3Q17 revenue (ended September 30)  stood at USD 131.9 million with growth of 54.2% YoY or 14.6% QoQ, compared with USD 85.5 million in the same period in 2016 and USD 115.1 million in 2Q17. 
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2017-11-03

Veeco Wins Preliminary Injunction in Patent Infringement Lawsuit

Veeco Instruments announced today that the United States District Court for the Eastern District of New York granted Veeco's motion for a preliminary injunction against SGL Carbon, LLC, a supplier of wafer carriers to Advanced Micro-Fabrication Equipment Inc. (AMEC)
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2017-11-01

Veeco, Allos Successfully Demo GaN-on-Si Wafer for Blue and Green Micro LED

Veeco Instruments completed a strategic initiative with ALLOS Semiconductors (ALLOS) to demonstrate 200mm GaN-on-Si wafers for Blue/Green microLED production.
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2017-10-17

Veeco Receives First Order for New GENxcel MBE System

Veeco Instruments announced that Acken Optoelectronics will receive the first shipment of Veeco’s new GENxcel™ Molecular Beam Epitaxy (MBE) System.
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2017-10-05

Veeco Ships Next Generation MOCVD Systems to China for High Volume LED Production

Veeco Instruments announced that it has shipped multiple TurboDisc® EPIK® 868 Gallium Nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) systems to several leading Chinese LED manufacturers for the production of light emitting diodes (LEDs) for solid statelighting applications.
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2017-08-10

Veeco Reports Continued Revenue Growth Despite Tumbling Shares

Process equipment provider Veeco reported on 3rd August its financial results in 2Q17. The company ended the second quarter with a solid revenue of USD 115.1 million, up 52.9% YoY. Yet, shares of the company slumped by 20% at 1 p.m. the next day after the financial announcement, as The Motley Fool carried in its report.
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2017-05-24

Veeco’s Patent Infringement Case against SGL to Impact Chinese MOCVD Manufactures

MOCVD equipment is essential to LED production, and graphite wafer carrier is a unique component of MOCVD systems. Due to technology barriers, currently there are only three graphite wafer suppliers globally: German’s SGL Group, Japan’s TOYO TANSO and Dutch company Xycarb.
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2017-05-08

Veeco Reports First Quarter 2017 Financial Results

Veeco Instruments Inc. (NASDAQ: VECO) has announced financial results for its first fiscal quarter ended March 31, 2017. Results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and are also reported adjusting for certain items ("Non-GAAP"). A reconciliation between GAAP and Non-GAAP operating results is provided at the end of this press release.
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2017-02-17

Veeco Reports Q4 and Fiscal Year 2016 Financial Results

Veeco Instruments today announced financial results for its fourth quarter and fiscal year ended December 31, 2016.
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2016-12-20

Veeco Signs Multi-Year Agreement with Osram Opto to Supply MOCVDs to New Malaysia Facility

Veeco Instruments announced  that OSRAM Opto Semiconductors GmbH has completed an agreement naming Veeco as the supplier for Metal Organic Chemical Vapor Deposition (MOCVD) and Precision Surface Processing (PSP) systems needed for high-volume LED production in Kulim. As part of the agreement, OSRAM Opto Semiconductors has ordered multiple TurboDisc® EPIK®700 Gallium Nitride (GaN) MOCVD, and WaferStorm® 3306 PSP Wet Process systems.
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2016-11-03

Veeco Reports Losses in 3Q16

Veeco Instruments announced financial results for its third fiscal quarter ended Sept. 30, 2016. Results are reported in accordance with U.S. generally accepted accounting principles ("GAAP") and are also reported adjusting for certain items ("Non-GAAP"). A reconciliation between GAAP and Non-GAAP operating results is provided at the end of this press release.
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2016-10-20

Xiamen Changelight Adds MOCVD Capacity with Veeco TurboDisc K475i Technology

Veeco Instruments Inc. announced today that Changelight Co., Ltd. has ordered additional TurboDisc® K475i™ Arsenic Phosphide (As/P) Metal Organic Chemical Vapor Deposition (MOCVD) system capability to increase production of red, orange, yellow (R/O/Y) light emitting diodes (LEDs).  Changelight qualified and put into production Veeco’s premiere K475i system in February 2016.
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2016-09-13

HC Semitek Orders Veeco MOCVD Systems to Scale up LED Production

Veeco Instruments announced that HC SemiTek Corporation, one of China's leading solid state lighting manufacturers, has ordered multiple TurboDisc® EPIK™ 700 GaN (Gallium Nitride) Metal Organic Chemical Vapor Deposition (MOCVD) Systems and the TurboDisc K475i™ As/P (Arsenic Phosphide) MOCVD System for production of LEDs.
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2016-09-02

Veeco Receives Order for its Industry Leading MBE R&D System

Veeco announced that it has received an order to deliver the 25th GENxplor™ R&D Molecular Beam Epitaxy (MBE) System to Technion, the Israel Institute of Technology based in Haifa, Israel. Introduced in August 2013, the GENxplor system is the number one selling R&D MBE system to universities and research institutions.
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2016-08-12

Epistar Orders Multiple Veeco EPIK 700 MOCVD Systems

Veeco Instruments announced that Epistar has ordered multiple TurboDisc® EPIK™700 Gallium Nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) Systems for the production of light emitting diodes (LEDs).  The Veeco systems will be used to meet demand for various applications.  
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2016-08-09

U.S. Laboratory Selects Veeco Ion Beam Sputtering Technology for Laser Research

Veeco Instruments announced that Lawrence Livermore National Laboratory (LLNL), based in California, has ordered Veeco’s SPECTOR® Ion Beam Sputtering (IBS) System.  The system will be used to deposit optical thin films and to conduct research regarding laser performance in support of the Laboratory’s national security mission.
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2016-08-03

Veeco 2Q16 Financial Results Better than Expected

Revenues of US $75.3 million GAAP net loss per share of $0.82, includes a pre-tax charge of ~$16 million associated with the restructuring plans Non-GAAP net loss per share of $0.19 Non-GAAP adjusted EBITDA of negative $2.8 million
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2016-08-03

Veeco Appoints New Member to Board of Directors and Audit Committee

Veeco Instruments announced the appointment of Kathleen Bayless to its Board of Directors and its Audit Committee.  
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2016-06-15

Veeco Receives Massive Landmark Order for MBE R&D System From Nanjing University

Veeco Instruments announced that it has received the first order from a Chinese customer for its GENxplor™ R&D Molecular Beam Epitaxy (MBE) System. Nanjing University is scheduled to receive the system in the second quarter of 2016. The GENxplor system is the number one selling MBE system worldwide since its introduction in August 2013.
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2016-05-13

Semiconductor Devices of Israel Selects Veeco MBE Technology for IR Detector Production

Veeco Instruments announced that SemiConductor Devices (SCD), a leading worldwide supplier of high-end infrared (IR) detectors and laser diodes, has purchased a Veeco GEN200® Molecular Beam Epitaxy (MBE) System to meet the expanding demand for the production of IR detectors.  
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2016-05-05

Veeco Hurt By Slowdown in LED Market in 1Q16

 Revenues of $78 million, down 21% compared with the same period last year GAAP net loss per share of $0.40 and Non-GAAP net loss per share of $0.15 Non-GAAP adjusted EBITDA of negative $2.1 million
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2016-03-24

Veeco Sold First New Predictive Analytics Platform Featuring Rudolph Software

Veeco Instruments Inc. announced today that it sold its first Predictive Analytics solution to a major data storage customer. Incorporating Rudolph Technologies, Inc.’s (NYSE: RTEC) proven fault detection and predictive maintenance software, the new platform delivers increased Veeco system productivity for maximum efficiency resulting in reduced maintenance costs.
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2016-02-23

Veeco Reports Loss in 4Q15

Fourth Quarter 2015 Highlights Revenues of US $106.5 million, down 6% compared with the same period last year GAAP net loss per share of $0.25 and Non-GAAP earnings per share of $0.01 Non-GAAP adjusted EBITDA of $4.4 million 
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2016-02-19

Veeco Adds K475i As/P MOCVD System to Product Portfolio

Veeco Instruments Inc. announced today the launch of the new TurboDisc® K475i™ Arsenic Phosphide (As/P) Metal Organic Chemical Vapor Deposition (MOCVD) System for the production of red, orange, yellow (R/O/Y) light emitting diodes (LEDs), as well as multi-junction III-V solar cells, laser diodes and transistors.
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2016-02-17

Veeco Partners with imec to Boost Performance in GaN-Based Power Devices

Veeco Instruments Inc., the world’s leading supplier of metal organic chemical vapor deposition (MOCVD) systems, announced today that it has signed a joint development project (JDP) agreement with imec, the Belgium-based nano-electronics research center.  The collaboration is expected to accelerate the development of highly-efficient, Gallium Nitride (GaN) based, power electronic devices using GaN Epi wafers created using Veeco’s Propel® Power GaN MOCVD system.
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2016-01-07

Veeco Promotes EVP William Miller to President

Veeco Instruments announced  William (Bill) J. Miller, Ph.D. has been promoted to President, effective immediately.  In his new role, Dr. Miller will have direct responsibility over all of Veeco’s business units and central R&D.  He will also oversee global manufacturing operations, a responsibility he assumed in 2015.
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2015-12-23

Veeco Wins Several Advanced Packaging System Orders from a Leading Asian Foundry

Veeco Instruments announced today that it has received multiple orders from a leading foundry in Asia for its Precision Surface Processing (PSP) WaferStorm™ system.  The WaferStorm platform provides wafer processing solutions for advanced packaging applications.
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2015-09-30

Asahi Kasei Micro Devices Chooses Veeco MBE Technology For IR Sensor Production

Veeco Instruments announced today that Asahi Kasei Microdevices (AKM), a leading electronics company headquartered in Tokyo, Japan, has purchased a GEN200® Molecular Beam Epitaxy System and S UMO® Effusion Cells for production  of infrared sensors at their Manufacturing Center in Japan.
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2015-08-04

Veeco Reports 38% Revenue Increase in 2Q15

U.S. MOCVD equipment manufacturer Veeco latest financial results shows the company's revenues increased 38% compared to the same period last year. The company did not break down its earnings into particular market sectors or applications.
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2015-07-31

Veeco Delivers 50th EPIK 700 MOCVD Reactor in 2015

Veeco Instruments Inc. (Nasdaq:VECO) announced today that it has shipped the 50th TurboDisc® EPIK™700 GaN Metal Organic Chemical Vapor Deposition (MOCVD) System reactor since its introduction ten months ago.
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 “As the demands on our customer’s fixtures become more challenging, we need to ensure our Color portfolio enables them to meet these demands. This increase in flux across several key colors will give our customers a significa... READ MORE

Samsung Electronics announced a new family of chip-on-board LED lighting packages, labeled the “Samsung D-series Special Color.” 

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