Elec-Tech Orders Veeco MOCVD Systems for Two New China LED Factories

Veeco Instruments Inc. announced that Elec-Tech International has selected its TurboDisc(R) K465i MOCVD systems as their "tool of choice" for two new LED factories in Wuhu and Yangzhou, China.

In August Veeco booked the initial systems from a large multi-tool purchase order from Elec-Tech's LED subsidiary, Elec-Tech Optoelectronic Technology (Wuhu) Co., Ltd.

Tony Wang, Chairman of Elec-Tech commented, "Our Board of Directors has approved our plan to purchase 130 MOCVD tools to ramp production capacity at our two LED factories. Our goal is to become one of the top three LED companies by output and sales revenue in China within two years, focusing primarily on the general lighting and BLU market, but on other applications as well."

Mr. Wang continued, "After a thorough evaluation of the available MOCVD products, we selected Veeco as our preferred and primary supplier for the vast majority of the 130 MOCVD systems we will be installing at our new factories. We believe that Veeco's MOCVD systems have low cost-of-ownership and proven high productivity, and will help us to achieve success in the LED market."

Bill Miller, Ph.D., Executive Vice President, General Manager of Veeco's MOCVD Operations, commented, "We are extremely pleased that Elec-Tech has chosen Veeco for their production requirements as they build out their aggressive plans in China. We look forward to supporting this important new customer with our best-in-class systems and world-class applications process support."

About Elec-Tech

Elec-Tech International is a Shenzhen-listed electronics company that has signed a joint venture cooperative agreement with South Korean firm EpiValley to jointly develop the Chinese LED market.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Nichia’s Tunable 757 receives rave reviews from industry leaders, including the coveted LpS Best Sustainability Technology Award. Nichia, the leader in and inventor of the high-brightness LED, announced its game-changing single LES, tuna... READ MORE

Innovative tunable white, mid-power LED enables luminaire manufacturers to improve colour tuning, shrink optics and fixture profiles, while enabling new design options. Nichia, the leader in and inventor of the high-brightness LED, announces i... READ MORE