Veeco Instruments Inc. (Nasdaq: VECO) announced today that HC SemiTek Corporation (300323: CH), one of China’s leading LED manufacturers, has purchased additional TurboDisc® MaxBright® GaN MOCVD Systems for high volume production of light emitting diodes (LEDs) for display and general lighting applications. The order, placed in the third quarter of 2012, was for Veeco’s new High Performance (MHP) version of the system.
Dr. Rong Liu, President of HC SemiTek, stated, “Veeco’s MOCVD products offer stable process and have already helped us to successfully produce high quality, high brightness LEDs. The addition of MaxBright MHPs to our manufacturing line will allow us to ramp additional production quickly, due to the seamless process transfer from our existing Veeco toolset.”
Jeff Hawthorne, Veeco’s Senior Vice President, MOCVD, commented, "We are pleased HC SemiTek has once again chosen Veeco’s MOCVD technology for their production requirements. The MaxBright MHP helps drive our customers’ productivity and yield, while reducing manufacturing costs.”
About the TurboDisc MaxBright MHP GaN MOCVD Multi-Reactor SystemThe MaxBright MHP is the industry's most productive MOCVD system designed to manufacture high quality, high brightness LEDs, by providing as much as 20% within-wafer wavelength uniformity improvement, enhanced serviceability and a 15% increase in footprint efficiency as compared to the MaxBright. Higher yields are achieved from improved thermal and flow capability. This system leverages Veeco’s production-proven Uniform FlowFlange® technology and automation expertise by combining multiple high throughput MOCVD reactors in a modular 2- or 4-reactor cluster architecture. About HC SemiTek Corporation HC SemiTek Corporation, formerly Wuhan HC SemiTek Co., Ltd., is a leading LED chip supplier based in Wuhan, China, and traded publicly on the Shenzhen Stock Exchange. HC SemiTek is committed to R&D, production and sales of high-quality LED chips, mainly in GaN-based blue and green LEDs. Currently, they serve clients throughout the country, and their products have been successfully applied to a number of domestic key projects. More information can be found at http://www.hcsemitek.com/en/index.asp. About Veeco Veeco’s process equipment solutions enable the manufacture of LEDs, power electronics, hard drives, MEMS and wireless chips. We are the market leader in MOCVD, MBE, Ion Beam and other advanced thin film process technologies. Our high performance systems drive innovation in energy efficiency, consumer electronics and network storage and allow our customers to maximize productivity and achieve lower cost of ownership. For information on our company, products and worldwide service and support, please visit www.veeco.com. To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management's Discussion and Analysis sections of Veeco's Annual Report on Form 10-K for the year ended December 31, 2011 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases .Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.
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