Tools for Capacity Expansion in HB-LED Manufacturing
WOODBURY, N.Y., April 8, 2008 --
Veeco Instruments Inc. (Nasdaq: VECO), announced today that Genesis Photonics Inc. (GPI) headquartered in Taiwan, has received multiple TurboDisc® K-Series gallium nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) Systems. GPI will use the systems to increase capacity for the production of blue HB-LEDs for lighting, display, backlighting, and automotive applications.
David Chung, Chairman and CEO of GPI, commented,
“Veeco’s MOCVD systems are an ideal solution for our increasing capacity demands. The excellent throughput of the TurboDisc technology, plus the proven productivity of this platform in the LED industry in Taiwan, will meet our needs today and into the future.”
Sam DiRenzo, Vice President, General Manager of Veeco's MOCVD Operations commented,
“We are pleased to support GPI in their capacity expansion. The Turbodisc K-Series multi-generational platform and larger reactor capability will give GPI a long-term cost of ownership advantage, plus the technology to achieve their LED brightness roadmap objectives.”
Veeco's TurboDisc K-Series MOCVD gallium nitride (GaN) platform, which includes the K300™ and K465™ models, delivers the industry's highest throughput available today for high volume production of GaN-based blue and green LEDs and blue lasers.
About GPI
GPI (Genesis Photonics Inc.) was established in January 2002 and is headquartered in TNSIP (Southern Taiwan Science-Base Industrial Park). GPI focuses on providing of GaN-based LED Epi-wafer, LED chips for lighting, display, backlight, and auto lamp applications, and the most powerful LED chips for scientific, industrial, and research applications.
About Veeco
Veeco Instruments Inc. designs, manufactures, markets and services enabling solutions for customers in the HB-LED, solar, data storage, semiconductor, scientific research and industrial markets. We have leading technology positions in our three businesses: LED & Solar Process Equipment, Data Storage Process Equipment, and Metrology Instruments. Veeco's product development, marketing, engineering and manufacturing facilities are located in New York, New Jersey, California, Colorado, Arizona, Massachusetts and Minnesota. Global sales and service offices are located throughout the U.S., Europe, Japan and Asia Pacific.
http://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, 2009 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.