PLAINVIEW, N.Y.--(BUSINESS WIRE)--
Veeco Instruments Inc. (Nasdaq:VECO) announced today that KaiStar
Lighting Co., Ltd., based in Xiamen, China has ordered multiple
TurboDisc® EPIK700™ Gallium Nitride (GaN) Metal Organic Chemical Vapor
Deposition (MOCVD) systems. KaiStar, a joint venture between Epistar
Corporation and Shenzhen Kaifa Technology Co., Ltd., will use the
EPIK700 systems to ramp production of light emitting diodes (LEDs) for
the general lighting market.
“As an early adopter of Veeco’s new EPIK700 MOCVD system, we have seen
its potential for significant production and cost-saving benefits for
LED manufacturing,” said Dr. MJ Jou, President, Epistar Corporation.
“Late last year, we were able to seamlessly transfer our LED process and
rapidly qualify the EPIK700 system for LED production in our Taiwan fab.
We have now decided to expand our LED production at KaiStar in China
with this new, highly productive MOCVD system.”
Based on Veeco’s proven TurboDisc technology, the EPIK700 MOCVD system
is the LED industry’s highest productivity MOCVD system. The EPIK700
system received the 2015 CS Industry Award for Innovation in March.
“Since its formation, KaiStar has been an important Veeco customer and a
leader in LED production,” said Jim Jenson, Senior Vice President, Veeco
MOCVD Operations. “Their decision to use the award-winning EPIK700
reflects the performance, reliability and production-readiness of our
newest MOCVD system. We believe the EPIK700 is the best MOCVD system by
far to accelerate the growing adoption of solid state lighting. We
expect that 2015 will be the crossover year in which shipments of LEDs
for general lighting will surpass shipments of LEDs for backlighting,
with the Epistar companies being a significant driver of that trend.”
About TurboDisc EPIK700 GaN MOCVD SYSTEM
Veeco’s new EPIK700 MOCVD system is the LED industry’s highest
productivity MOCVD system — it reduces cost per wafer by up to 20
percent compared to previous generations. Available in one and
two-reactor configurations, the EPIK700 system features breakthrough
technologies including the IsoFlange™ and TruHeat™ technologies which
provide homogeneous laminar flow and uniform temperature profile across
the entire wafer carrier. These innovations produce wavelength
uniformity to drive higher yields in a tighter bin. The EPIK700 system
offers a 2.5x throughput advantage over other systems due to its large
reactor size. Designed for mass production, the EPIK700 system
accommodates 31x4”, 12x6” and 6x8” wafer carrier sizes. Customers can
easily transfer processes from existing TurboDisc systems to the EPIK700
MOCVD platform enabling quick-start production of high-quality LEDs.
Because of the flexible EPIK700 MOCVD platform, more upgrades, added
benefits and future enhancements will continue to differentiate this
world-class system.
About KaiStar Lighting (Xiamen) Co., Ltd.
KaiStar, a joint venture between Epistar Corporation and Shenzhen Kaifa
Technology Co., Ltd., has registered capital of $120 million. The
Company focuses on the lighting market through the production of InGaN
LEDs for lighting and backlighting applications, lamps and automotive
products. Their mission is to improve the quality of people’s life with
the advanced LED technology and products, to create value for society to
support the green energy technology and provide a perfect platform for
employee development. For more information, please visit http://www.kaistar.com.cn/index.asp
About Veeco
Veeco’s process equipment solutions enable the manufacture of LEDs,
flexible OLED displays, power electronics, compound semiconductors, hard
drives, semiconductors, MEMS and wireless chips. We are the market
leader in MOCVD, MBE, Ion Beam, Wet Etch single wafer processing 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, 2014 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.
Source: Veeco Instruments Inc.