PLAINVIEW, N.Y.--(BUSINESS WIRE)--
Veeco Instruments Inc. (Nasdaq:VECO) announced today that Xiamen
Changelight Co., Ltd. (Changelight) has purchased multiple TurboDisc®
EPIK™ 700 Gallium Nitride (GaN) Metal Organic Chemical Vapor Deposition
(MOCVD) systems for faster production and greater yield of high-quality
light emitting diodes (LED) for general lighting applications.
According to Changelight, the decision to purchase multiple EPIK 700
systems was based on its reliable performance, award-winning technology
and Changelight’s current experience with other Veeco TurboDisc MOCVD
reactors. The Xiamen-based company has a large installed base of Veeco
TurboDisc MaxBright® and K475™ MOCVD systems for high-volume LED
production.
“Veeco’s TurboDisc platform has provided Changelight with increased LED
wafer production and easy process transfer between systems saving us
both time and money,” said Haifang Cai, General Manager and board member
of Changelight. “By adding multiple EPIK 700 MOCVD systems to our fleet
of reactors, we can ramp even more quickly, expand high-volume
production with best-in-class wafer uniformity and reduce operating
expenses.”
Introduced in 2014, the EPIK 700 MOCVD system is the LED industry’s
highest productivity system reducing cost per wafer by up to 20 percent
as compared to previous generation systems. Customers easily transfer
processes from existing TurboDisc platforms to the new EPIK 700 MOCVD
system for quick-start production of high-quality LEDs. In March, the
2015 Compound Semiconductor Industry Awards recognized Veeco and the
EPIK 700 MOCVD system for the best compound semiconductor innovation of
the year.
“Changelight’s decision to purchase multiple EPIK 700 systems is a great
example of how Veeco enables customers to meet challenging production
requirements while significantly reducing their cost per wafer,” said
Jim Jenson, Senior Vice President and General Manager of Veeco MOCVD
Operations. “As the preferred MOCVD system for Changelight, the
increased capacity and technology advantages of the EPIK 700 system will
support their growth and position as a leading LED manufacturer for
general lighting and display markets.”
About TurboDisc EPIK 700 GaN MOCVD System
Veeco’s new EPIK 700 MOCVD system is the LED industry’s highest
productivity MOCVD system. Available in one and two-reactor
configurations, the EPIK 700 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 EPIK 700 system offers a 2.5x
throughput advantage over other systems due to its large reactor size.
Designed for mass production, the EPIK 700 system accommodates 31x4”,
12x6” and 6x8” wafer carriers.
About Xiamen Changelight Co., Ltd.
Xiamen Changelight Co., Ltd was established in February 2006 with total
assets of over RMB 300 million. It is a high-tech enterprise
specializing in research, development, production and sales of
high-quality quaternary alloy AlGaInP of red, orange, yellow LED wafers,
chips and high-performance GaAs solar cells. The company is located at
the national level Torch Industrial Park (Xiang’an District, Xiamen)
with high standard clean workshop. For further information, please visit http://www.changelight.com.cn/en/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.
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Source: Veeco Instruments Inc.