2012-05-02

Hangzhou Silan Azure Expands Manufacturing Capacity with Veeco MOCVD

Veeco Instruments Inc. announced today that Hangzhou Silan Azure Co. Ltd., a leading LED manufacturer in China, has placed a multi-tool order for Veeco's TurboDisc® K465i™ Metal Organic Chemical Vapor Deposition (MOCVD) systems. The equipment will be used to expand Silan’s manufacturing capacity for blue and green high brightness light emitting diodes (HB LEDs).
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2012-04-26

Veeco China Training Center Reaches 500th Trainee Milestone

Veeco Instruments Inc. announced that it has trained its 500th customer engineer at its state-of-the-art China Training Center (CTC), located in Shanghai. The CTC opened in mid-2011 to help key LED manufacturers, including its two largest customers, Sanan Optoelectronics and Elec-Tech International, scale-up production, optimize their use of metal organic chemical vapor deposition (MOCVD) systems, and support the industry's rapid growth.   Lin Zhiqiang, Chief Executive Officer of Sanan Optoelectronics, commented, "We congratulate Veeco on a...
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2012-04-24

Lasertel Expands Production Capacity With Veeco MBE System

Lasertel, Inc. a subsidiary of SELEX Galileo Inc., a Finmeccanica company, and Veeco Instruments Inc. (Nasdaq: VECO) announced today that Lasertel has purchased a second high-throughput, multi-wafer GEN200® Edge™ Molecular Beam Epitaxy (MBE) production system from Veeco to increase their manufacturing capacity for laser diodes. “The additional GEN200 Edge production MBE system provides the extra capacity required to support the increased demand for Lasertel devices. The GEN200 system offers advanced automation, precise process con...
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2012-04-18

Veeco Supports Growth of LED Industry in Korea

Veeco Instruments Inc. recently participated in an investment signing ceremony at the 2012 Korea Investment Forum in New York City to commemorate the Company’s substantial investment in a new R&D facility in Seoul, Korea to advance high brightness light emitting diode (LED) technology. The Investment Forum event, jointly sponsored by the Korea Trade-Investment Promotion Agency (KOTRA) and the Korea Ministry of Knowledge Economy (MKE), brought together government officials, investors, industry experts and business leaders from South Korea an...
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2012-04-17

Veeco Introduces SPECTOR-HT Ion Beam Deposition System

Industry's Highest Throughput System for Precision Optical Thin Film Applications At the SPIE Photonics Europe Trade Show in Brussels, Belgium, Veeco Instruments Inc. (Nasdaq: VECO) today introduced the SPECTOR-HT(TM) Ion Beam Deposition (IBD) System. Used to create thin film coatings for the optical market, the SPECTOR-HT provides up to 400% increase in throughput, 300% increase in target utilization and 50% improvement in material uniformity compared to previous SPECTOR generations. In addition, the new system offers e...
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2012-02-08

SemiLEDs Ordered Veeco’s MOCVD System for High Volume LED Production

SemiLEDs has placed an order from Veeco’s TurboDisc(R) K465i(TM) gallium nitride (GaN) MOCVD System for high-volume production of high brightness LEDs at its Taiwanese manufacturing facility. Chuong A. Tran, Ph.D., President, Chief Operating Officer, of SemiLEDs commented, "We have placed Veeco's K465i system into our production facility in Taiwan. In addition to their proven MOCVD technology, Veeco's commitment to providing best-in-class LED manufacturing equipment, as well as enhanced local support with their technolog...
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2012-02-07

LG Siltron Orders Veeco MOCVD for Development of GaN-on-Silicon Wafer

South Korean epi wafer manufacturer LG Siltron has ordered Veeco’s TurboDisc® K465i™ gallium nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) System for production of gallium nitride on silicon (GaN-on-Si) wafers for power electronics and LED devices. Dr. Hee Bog Kang, General Manager of LG Siltron R&D, commented, “We are pleased to have chosen the TurboDisc K465i MOCVD System as our first GaN-on-Si production system. It offers unparalleled throughput advantages, and its TurboDisc technology prov...
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2012-02-07

Epistar Orders Veeco’s K465i MOCVD System for Silicon Wafers on LEDs

Recently, Taiwan Epistar has placed an order from Veeco’s K465iTM TurboDisc® gallium nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) System for development of LEDs grown on silicon substrates. M. J. Jou, Ph.D., President of Epistar, commented, “We are pleased to choose Veeco’s K465i as our GaN-on-Si development tool. We are excited about the potential of GaN-on-Si technology as we move to larger wafer sizes. We appreciate the strong support from Veeco, and look forward to this collaboration.” William...
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2011-10-27

Veeco's Q3 Growth Suppressed by Slowdown in TV Demand and China Push-outs

For third-quarter 2011, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $268m, up 1% on $264.8m last quarter but down 3% on $277.1m a year ago for continuing operations (reflecting discontinuation of the CIGS Solar Systems business at the start of Q3, and excluding the Metrology business, sold to Bruker Corp of Billerica, MA, USA in October 2010). Of total revenue, 13% came from Data Storage revenue of $34.1m, down 25% on $45.7m last quarter but roughly level with $34.5m a year ago. The oth...
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2011-09-02

LEDinside's Prospective: Veeco’s Taiwanese Technology Center Establishment to Expect the Taiwanese Government to Support The Green Energy Industry

In regard to Veeco’s Taiwan Technology Center for the LED industry, Justin K. Wang, the VP/General Manager of Veeco Instrument Inc, and Dr. Ming Jiunn Jou, the President of Epistar Corporation, indicated that the future of LED makers comprises both risks and opportunities. Therefore, they hoped that the Taiwanese government can establish specific standards and criteria for LED lighting products, in the hope of raising awareness of LED products in consumers. Furthermore, if the government is willing to enact subsidy policies for the LED industry, the profits they bring will largely exceed the investment they require. That being said, the Taiwanese government should more actively support the energy-saving and green energy industries, otherwise the Taiwanese LED industry may be surpassed by South Korea in 2011 and decline to the third place in the total capacity of LED.
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2011-09-02

Veeco’s Taiwan Technology Center Opens to Build a Long-term Strategic Partnership in the Great China Market

Veeco Instruments Inc, a supplier of metal organic chemical vapor deposition (MOCVD) equipment for light emitting diodes (LEDs) production, celebrated the opening of its new Taiwan Technology Center (TTC) today in Hsinchu, Taiwan. The goal of Taiwan Technology Center is to ensure customer collaboration and enhanced responsiveness to build a long-term strategic partnership with our key Greater China customers. Due to the huge demand for LED and the LED chip investment fever, Veeco would like to provide an up-to-date and adequate service and the suppor...
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2011-08-31

Veeco Opens New Technology Center in Taiwan

Veeco Instruments Inc. (NASDAQ: VECO), a leading supplier of metal organic chemical vapor deposition (MOCVD) equipment used to make light emitting diodes (LEDs), celebrated the opening of its new Taiwan Technology Center (TTC) today in Hsinchu, Taiwan to provide process support for the rapidly growing LED industry. Several of Veeco’s key customers in Greater China and important local government officials were among Veeco’s honored guests. At the opening ceremony, John R. Peeler, Veeco’s Chief Executive Officer, commented, &ldq...
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2011-08-31

Epistar Qualifies Veeco’s MaxBright MOCVD System for High Volume Production

Veeco Instruments Inc. (Nasdaq: VECO) announced today that Epistar Corporation, headquartered in Taiwan, has recently qualified the TurboDisc® MaxBright™ gallium nitride (GaN) Multi-Reactor Metal Organic Chemical Vapor Deposition (MOCVD) System for high-volume production of high brightness light emitting diodes (HB LEDs). Ming Jiunn Jou, Ph.D., President of Epistar, commented, “Veeco’s MaxBright Multi-Chamber System enables us to ramp production quickly on the industry’s most productive platform. We will continue ...
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2011-07-29

Veeco Reports Second Quarter 2011 Financial Results: Solid Revenue,Profits and Record Orders

Veeco Instruments Inc. (Nasdaq: VECO) announced its financial results for the second quarter ended June 30, 2011. Veeco reports its results on a U.S. generally accepted accounting principles (“GAAP”) basis, and also provides results excluding certain items. Please refer to the attached table for details of the reconciliation between GAAP operating results and Non-GAAP operating results. All results presented herein are for Veeco’s “Continuing Operations” which excludes the Metrology business sold to Bruker Corporation on October...
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2011-07-06

Veeco Announces Date for Second Quarter 2011 Financial Release

Veeco Instruments Inc. (Nasdaq: VECO) announced that second quarter 2011 financial results will be distributed after the market closes on Thursday, July 28, 2011. A conference call reviewing these results has been scheduled for 5:00pm ET that day at 1-888-389-5979 (toll free) or 1-719-457-2689 using passcode 4992731. The call will also be webcast live on the Veeco website at www.veeco.com. A replay of the call will be available beginning at 8:00pm ET that same evening through midnight on August 11, 2011 at 888-203-1112 or 719-457-0820, using passcode4992731, or on the Vee...
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2011-06-16

Tsinghua Tongfang Adds Veeco's MaxBright MOCVD System to Its China Fab

Veeco Instruments Inc. (Nasdaq: VECO) announced that Tsinghua Tongfang Company, a Beijing-based publicly listed division of the Tsinghua Holdings Company Limited, has placed an order for Veeco's new TurboDisc(R) MaxBright(TM) Multi-Reactor MOCVD System for production of high-brightness light-emitting diodes (HB LEDs). Professor Liu Gang, General Manager of Nantong Tongfang commented, "Last year we selected Veeco as our primary supplier for our new production facility in NanTong, China that was completed at the end of 2010. We are ...
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2011-06-15

Kyma Supports Veeco for LED Development Project

As Veeco received $4 million from the US government, Kyma Technologies, a global supplier of crystalline nitride semiconductor materials, based in Raleigh, North Carolina, has cooperated with Veeco in a next generation LED manufacturing equipment development project. Kyma Technologies will be supplying material and services to Veeco as part of this development project. Kyma President and CEO, Keith Evans, stated, “We very much appreciate the opportunity to work with Veeco on this exciting project to accelerate growth in the LED market.  In additi...
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2011-06-09

DOE Awards $14.8M for LED Development

Reportedly, The US Department of Energy (DOE) has awarded another $14.8 million in funding for development projects aimed at advancing solid-state lighting technologies. Major recipients of the new awards include Veeco, the India-headquartered manufacturing giant Moser Baer Technologies, Cree and Philips Lumileds. Veeco will receive $4 million and its project focuses on the introduction of an aluminum nitride layer into the LED epiwafer structure, to act as a buffer between the light-emitting layers of the device and a silicon substrate. Moser Baer will get $2....
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2011-05-23

Veeco Received Elec-Tech’s Multiple MaxBright MOCVD Systems Order

Veeco has received a multi-unit order of its TurboDisc(R) MaxBright(TM) MOCVD System from Elec-Tech International for production of HB LEDs at their facility in Wuhu, China. Tony Wang, Chairman of Elec-Tech commented, "As we have previously stated, our goal is to become one of the top three LED companies by output and sales revenue in China within two years, and we have an aggressive plan to achieve this goal. By adding Veeco's new multi-chamber MaxBright, we expect to be able to compete in a very high-production environment and drive down th...
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2011-05-10

LEDinside:LEDforum China of International Market Trend and Lighting Applications to be Grandly Open on May,and the Network Application has been Heading into the Final Stage

Overview   Organized by LEDinside, LEDforum China of International Market Trend and Lighting Applications will be grandly open in Shenzhen on May 27, 2011.   LEDforum 2011 will focus on the market trend of LED lighting application, and the agenda speakers include top leaders from Aixtron, Epilight, Macroblock, Osram, Philips Lumileds, Seoul Semiconductor, Veeco and other industry giants. These industry heavy weights will share with us their unique industry perspectives and accurate market forecasts, including market dynamics, business strateg...
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2011-05-10

Veeco Set up Shanghai Customer Support & Training Center

Recently, Veeco has officially set up its new China Training Center (CTC) in Shanghai to cater for the rapid growth of the LED industry and the needs of its customers.   The 1700 square meters CTC site housing approximately 40 Veeco employees, is equipped with three classrooms as well as Veeco’s market leading TurboDisc® K465i™ MOCVD system. TurboDisc MOCVD system introduction, epitaxial process characterization, and more advanced hands-on training classes in hardware maintenance and trouble-shooting are comprised of this training. J...
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2011-04-27

Veeco Released Financial Results for the First Quarter

Veeco has released its financial results for the first quarter ended March 31, 2011. According to Veeco's Chief Executive Officer, John R. Peeler, the company has received strong revenue first quarter, with revenues of $255 million, gross margin of 51% and non-GAAP net income of $57 million, all complied with their expectation. As predicted, revenues were down 15% sequentially, but increased 89% from the prior year first quarter. LED & Solar revenues were $215 million and Data Storage revenues were $40 million. Veeco's first quarter bookings totalled $...
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2011-04-06

LEDinside: Face to Face with Master-level LED Industry Experts

Overview LEDinside is the market research institute specialized for global LED industry. Orgainized by LEDinside, LEDforum China of International Market Trend and Lighting Applications will be grandly open in Shenzhen On May 27, 2011. Management from well-known LED industry giants of the world will be invited as forum speakers. If you want to learn about Asian LED market trend, business opportunities and how to make it in the competitive LED market, you are sincerely invited to LEDforum 2011. Conference Title: LEDforum China of Internationa...
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2011-03-22

United LED Shan Dong Corp. Ordered Veeco's MOCVD Tools for HB LED Manufacturing Ramp

It’s reported that United LED Shan Dong Corp., a China-based joint venture between United Microelectronics Corp (UMC) and Epistar, has ordered Veeco’s TurboDisc(R) K465i(TM) MOCVD Systems. The systems will be installed at ULED's facility in Jining City, China for its high brightness HB LED manufacturing ramp....
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2011-02-10

Veeco Launches New LED MOCVD Multi-Reactor System TurboDisc® MaxBright

Veeco Instruments Inc. (Nasdaq: VECO) announced the introduction of the TurboDisc® MaxBright™ Gallium Nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) Multi-Reactor System for production of high-brightness light-emitting diodes (HB LEDs). MaxBright has already been accepted by a leading LED manufacturer and Veeco is currently shipping MaxBright systems to additional top manufacturers in Korea, Taiwan and China.  
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2011-02-09

Shanghai Epilight Ordered Veeco’s MOCVD Systems for Its Hefei LED Fab

According to Veeco,  Shanghai Epilight Technology Co., Ltd has ordered Veeco TurboDisc® K465i™ MOCVD systems during the fourth quarter of 2010 for its new LED fab at Hefei, China for HB-LED manufacturing.
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2010-12-21

Veeco Appoints Thomas Gutierrez to Board of Directors

Veeco Instruments Inc. (NASDAQ: VECO) announced that Thomas Gutierrez has been appointed to its Board of Directors. Mr. Gutierrez, age 62, currently serves as President, Chief Executive Officer and Director of GT Solar International, Inc. (NASDAQ: SOLR), a global provider of polysilicon production technology, and sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty markets.
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2010-12-17

Veeco Ships 200th TurboDisc K465i MOCVD System

Veeco Instruments Inc. (Nasdaq: VECO), announced that it has shipped its 200thTurboDisc(R) K465i(TM) Metal Organic Chemical Vapor Deposition (MOCVD) System to a leading LED manufacturer located in Asia.
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2010-10-28

Veeco Supported 2010 MBE Innovator Award Winner

Co-sponsored by Veeco and the North America MBE organization, the 2010 MBE Innovator Award has given to Prof. Theodore Moustakas of the Electrical and Computer Engineering Department at Boston University.  
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2010-10-26

Veeco Announces Record Third Quarter 2010 Financial Results

Veeco Instruments Inc. (Nasdaq: VECO) announced its financial results for the third quarter ended September 30, 2010. Veeco reports its results on a generally accepted accounting principles ("GAAP") basis, and also provides results excluding certain items. Please refer to the attached table for details of the reconciliation between GAAP operating results and Non-GAAP operating results, and presentation of results on a "Continuing Operations" basis for current and historical periods.
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Tokushima, Japan – 17 June 2022: Nichia, the world’s largest LED manufacturer and inventor of high-brightness blue and white LEDs, announces the addition of the Direct Mountable Chip Series (Part Number: NVSWE21A-V1) to the portfol... READ MORE

DURHAM, N.C.--(BUSINESS WIRE)--Cree LED, an SGH company (Nasdaq: SGH), announced today the launch of XLamp® Element G LEDs, delivering a new product class with unmatched light output and efficiency for LEDs of this size. The... READ MORE