Aixtron Increases Order Guidance with the Strong Demands of MOCVD

The German semiconductor equipment maker Aixtron has reported its financial results for the second quarter and the first half of 2018 and revealed that its MOCVD systems for laser and red-orange-yellow (ROY) LED applications have created significant contributions to the sales growth.

(Image: Aixtron)

Aixtron announced its first half revenue to be EUR 117.6 million (US$ 137.12 million), an increase of 3% YoY, and the gross profit and gross margin was EUR 50.6 million and 43%, respectively. The Q2 revenue fell to EUR 55.2 million (US$ 64.61 million) due to the shipment agreement scheduled with its customers. However, the gross margin remains at 43%.

According to Aixtron, the company has received materialized information from its customers with clear market preparation and positioning activities targeting 3D sensing, optical datacom applications and specialty LED solutions. With these driving forces, Aixtron has raised its order guidance to a range between EUR 260 – 290 million from the previous range of EUR 230 – 260 million.

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