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Date Announced: 29 Jul 2013
China's largest LED maker gets even larger.
PLAINVIEW, N.Y.--(BUSINESS WIRE)--Veeco Instruments Inc. (Nasdaq: VECO) announced today that Sanan Optoelectronics Co. Ltd., the largest LED manufacturer in China, has placed a multi-tool order for Veeco’s TurboDisc® MaxBright® M™ Metal Organic Chemical Vapor Deposition (MOCVD) Systems in the third quarter of 2013.
The multi-reactor systems will be used to ramp production of LEDs in their Xiamen, China fab for applications including backlighting and general illumination.
Mr. Zhiqiang Lin, Chief Executive Officer of Sanan, commented, “Veeco has been and remains our MOCVD supplier of choice. As we were selecting equipment for our new phase of expansion, it was evident that the MaxBright M would give us the best footprint efficiency to maximize space and productivity in our Xiamen fab. Veeco has been a great partner for us since as we have solidified our position as the top LED manufacturer in China and as we have increased our business outside of China as well.”
William J. Miller, Ph.D., Veeco’s Executive Vice President, commented, “We are pleased to continue our partnership with Sanan and look forward to supporting their expansion plans. According to IHS - IMS Research, a leading LED industry research firm, China remains the largest region in LED chip production with the most potential for adoption across all lighting applications. We believe Sanan is well positioned to capitalize on that growth.”
Source: Veeco Instruments/Sanan Optoelectronics
E-mail: via web site
Web Site: www.veeco.com
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