2019-06-25

Veeco Instruments Unveils the Keys of VCSEL Development and Current Market Trends

VCSEL applications including distance sensing, autofocus, 3D sensing and more have been increasing in recent year with rising demands of facial recognition technology in smartphones as well as ADAS technologies in driverless vehicles. To strengthen VCSEL development, not only chip producers but also equipment providers are improving their techniques to offer advanced technologies to achieve next generation applications. Veeco Instrument, the US-based semiconductor equipment manufacturer, is working on optimizing their MOCVD tools to leverage their technology, help...
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2019-05-29

Epitaxy Wafer: The Fundamental Phase for Micro LED Display

In the latest report of LEDinside, titled “LEDinside 2019 Micro LED Next Generation Display Key Technology Report,” Micro LED technology not only features excellent performance in brightness and contrast that surpass OLED, its fast response time, low power consumption and reliability make it a perfect option for mobile and automotive applications. However, complicated production process which leads to low yield and high production cost has slowed down the commercial progress of Micro LED display. One of the challenges lies in the quality of Micr...
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2019-05-07

Veeco Posts 1Q19 Financial Results with On-year Decline

Equipment provider Veeco Instruments announced financial results for its first quarter ended March 31, 2019. Veeco posted revenues of US$99.4 million, down by 37.33% compared to 1Q18. The company reported a net loss of US$18.5 million on GAAP base and a net loss of US$6.4 million on Non-GAAP base. The company has been challenged by China’s MOCVD equipment manufacturers since the fourth quarter of 2018. Its blue LED business in China had shrunk drastically after the 2Q18. Veeco said that it has been transforming its business structure, putting mo...
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2019-03-22

Aledia Expands Veeco’s Thin Film Process Equipment for 3D Micro LED Development

Veeco Instruments announced today that Aledia, a developer and manufacturer of next-generation 3D LEDs for display applications, has expanded its portfolio of Veeco thin film process equipment to support the development and production of advanced 3D Micro LEDs. Aledia cited Veeco’s proven leadership in compound semiconductor applications, GaN-on-silicon growth performance, and capability to grow a full range of high-quality epitaxial films as key factors influencing its decision. “We have been impressed with the performance of Veeco’s Propel™ ...
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2019-02-14

Commoditized LED MOCVD Market in China Leads to Veeco’s Revenue Drop in 4Q18

U.S.-based instrument manufacturer Veeco announced its financial results for the fourth quarter and fiscal 2018. For 4Q18, the company registered a revenue of US$99 million, which dropped by 29.1% YoY. Veeco also reported a GAAP net loss of US$144.7 million, in comparison with US$8.5 loss in 4Q17. The non-GAAP loss was US$7.5 million. According to the company, the declined revenue and profit in the fourth quarter of 2018 was due to "Commoditization of the MOCVD market for LEDs in China.” In 2Q18, the revenue from China accounted for 45...
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2018-12-21

Micro LED Technology Progress Highlights in 2018 – Technology Breakthroughs

Having looked back at the industry updates of Micro LED technology, let’s keep on reviewing the technology breakthroughs of Micro LED in the past year. KAIST Team Develops Flexible Vertical Micro LED to Cure Hair loss Problem In January, a researcher team at KAIST announced the development of flexible vertical micro LEDs (f-VLEDs). These f-VLEDs achieved optical power density (30 mW/mm2) three times higher than that of lateral Micro LEDs and can be applied to optogenetics for controlling the behavior of neuron cells and brains with...
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2018-11-10

Veeco and ALLOS to Showcase Breakthrough Achievements for 200 mm GaN-on Silicon Micro LED Solution at Japan IWN 2018

Veeco Instruments Inc. (Nasdaq: VECO) and ALLOS Semiconductors GmbH announced today the completion of another phase of their mutual effort to provide the industry with leading GaN-on-Silicon epiwafer technology for microLED production. The purpose of the companies’ most recent collaboration was to demonstrate the reproducibility of ALLOS’ 200 mm GaN-on-Si epiwafer technology on Veeco’s Propel® MOCVD reactor when producing epiwafers for many prominent global consumer electronics companies.
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2018-11-09

Veeco and ALLOS Update Their Progress for 200mm GaN-on-Si Micro LED Production and Applications

Veeco Instruments and ALLOS Semiconductors have continued their collaboration in developing GaN-on-Si epitaxy wafer for Micro LED production. The two companies have partnered to demonstrate the reproducibility of ALLOS’ 200 mm GaN-on-Si epitaxy wafer technology on Veeco’s Propel® MOCVD reactor. “To bring Micro LED technology into production, simply presenting champion values for a single metric is insufficient. It is essential to achieve the whole set of specifications for each wafer with excellent repeatability and yield,” ...
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2018-09-05

Veeco to Change Its Executive Leadership Team

MOCVD equipment provider Veeco has announced that the company will make a change in its executive leadership team. The current Chairman and CEO John Peeler will become Executive Chairman, and the current President, William J. Miller, will take the role of CEO and join the company’s board of directors. Moreover, Shubham (Sam) Maheshwari will be named COO while continuing his current role as CEO. 
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2018-08-31

Highlights of the International Micro LED Display Conference - Section One

The “2018 International Micro LED Display Conference” was held by Taiwan Display Union Association (TDUA), at Touch Taiwan 2018 where a special booth for Micro LED/ Mini LED products solutions was set up.
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2018-08-06

Veeco Reports Revenue Growth in 2Q18 and Expects Continuous Progress

Veeco Instrument released the financial results for its second quarter of 2018. Its revenue has grown by 40.64% YoY to US$ 157.8 million, with Non-GAAP operating income of US$ 11 million and EPS of US$ 0.15. With GAAP, the company had a net loss of US$ 237.6 million or US$ 5.02 loss per diluted share. 
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2018-07-02

Edmund Optics Selects Ion Beam Sputtering System from Veeco

Edmund Optics, the U.S. based optical components supplier, has ordered the Spector Ion Beam Sputtering System from Veeco Instruments. The new capability will support Edmund Optics to expand portfolio of high quality laser optics for infrared, visible, and ultraviolet systems.
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2018-06-15

Aledia Chooses Veeco’s Propel GaN MOCVD System for Large Wafer 3D LED Production

The semiconductor process equipment manufacturer, Veeco, released the information of Aledia’s selection on its product, Propel® GaN MOCVD system for Aledia’s further research and development on 3D LED application.
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2018-05-23

Lumentum Selects Veeco's K475i MOCVD System for Next-Generation Applications Including 3D Sensing, High-Speed Fiber-Optic Communications and Laser-Based Materials Processing

Veeco Instruments Inc. (Nasdaq: VECO) announced that Lumentum Holdings Inc. has ordered the Veeco K475i™ Arsenide/Phosphide (As/P) Metal Organic Chemical Vapor Deposition (MOCVD) System for production of its advanced semiconductor components which address the 3D sensing, high-speed fiber-optic communications and laser-based materials processing end-markets. Lumentum, headquartered in Milpitas, Calif., is a leading manufacturer of innovative optical and photonics products.
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2018-04-02

Veeco Achieves Milestone with 100 Automated MBE Systems Installed Worldwide

Veeco Instruments Inc. announced it has completed installation of its 100th automated Molecular Beam Epitaxy (MBE) system. The installation of Veeco’s GEN10™ MBE System last month at Silanna Semiconductor PTY Ltd. in Australia marks this significant company milestone. The company also operates a Veeco Dual GEN200® MBE System for production of advanced nitride compound semiconductor devices including UV-LEDs.
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2018-02-08

Cases Closed: Veeco, AMEC, and SGL Settle Patent Litigation

Veeco Instruments Inc., Advanced Micro-Fabrication Equipment Inc. (AMEC), and SGL Carbon SE (SGL), today announced that they have mutually agreed to settle the pending litigation among the parties and to amicably resolve all pending disputes, including AMEC’s lawsuit against Veeco before the Fujian High Court in China and Veeco’s lawsuit against SGL before the U.S. District Court for the Eastern District of New York.
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2018-01-30

Leading European Developer of Superluminescent LED Chooses Veeco Propel GaN MOCVD Platform

Veeco Instruments Inc. announced that EXALOS has ordered a Propel GaN Metal Organic Chemical Vapor Deposition (MOCVD) System for the research and development of high-performance broadband superluminescent light emitting diodes (SLEDs). EXALOS, headquartered in Switzerland, is expected to receive the Propel system in the third quarter of 2018.
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2018-01-15

OSRAM Orders Multiple Veeco MOCVD Systems

Veeco Instruments announced that OSRAM Opto Semiconductors GmbH has ordered a multi-reactor Propel High Volume Manufacturing (HVM) Gallium Nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) System.
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2017-12-08

Updates on MOCVD Patent War Between Veeco and AMEC

Providers of metal organic chemical vapor deposition (MOCVD) equipment Veeco and AMEC have been exchanging heavy fire this year, filing patent infringement lawsuits against each other in the US and China.
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2017-12-01

Veeco Seeks to Invalidate AMEC Patent before Beijing IP Court

Veeco Instruments announced today that it is preparing to appeal to the Beijing IP Court against the decision previously made by the Patent Reexamination Board (PRB) regarding the validity of patent ZL201220056049.5 held by Advanced Micro-Fabrication Equipment Inc. (AMEC). 
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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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Natural colour rendering of Optisolis™ LEDs lets visitors experience artwork as the artist intended without degrading the work. Tokushima, Japan – 23 July 2019: Nichia Corporation, the leader in high brightness LED technologies, an... READ MORE

TSLC Corporation, a subsidiary of SemiLEDs, launched sampling of its tri-color Mini LED series, targeted to provide LED display manufacturers with surface-mounting (SMT) compatible devices. The first product in the tri-color multi pixel series... READ MORE