Science & Technology
Mon, June 13, 2011Fri, June 10, 2011Thu, June 9, 2011Wed, June 8, 2011Tue, June 7, 2011Mon, June 6, 2011Sat, June 4, 2011Fri, June 3, 2011Thu, June 2, 2011Wed, June 1, 2011Tue, May 31, 2011Mon, May 30, 2011Fri, May 27, 2011Thu, May 26, 2011Wed, May 25, 2011Tue, May 24, 2011Mon, May 23, 2011Sun, May 22, 2011Fri, May 20, 2011Thu, May 19, 2011Wed, May 18, 2011Genesis Photonics Places Multi-Unit Order for MaxBright MOCVD Systems
Published in Science and Technology on Tuesday, May 31st 2011 at 5:11 GMT by Market Wire
PLAINVIEW, N.Y.--([ BUSINESS WIRE ])--Veeco Instruments Inc. (Nasdaq: VECO) today announced that Taiwan based Genesis Photonics Inc. (GPI) has placed a multi-unit order for Veecoa™s recently released [ TurboDisc® MaxBrighta" Multi-reactor MOCVD System ]. GPI will use the systems to increase capacity for the production of high brightness light emitting diodes (HB LEDs) being driven by applications such as backlighting, lighting, displays, and automotive.
David Chung, Chairman and CEO of GPI, commented, "We have been very pleased with the production proven performance of Veeco's K465i MOCVD systems already installed in our manufacturing facility. They helped us to achieve LED brightness higher than the industry average. By now adding Veecoa™s new MaxBright systems, we will further lower our LED manufacturing costs, maximize our fab space, and accelerate our productivity.a
William J. Miller, Ph.D., Executive Vice President, Veeco LED & Solar, added, aIt is gratifying to have the MaxBright system selected by GPI, one of Taiwana™s top LED manufacturers. Our customers are resonating with the message that the MaxBright system can deliver more good LEDs for less money than other tools on the market. We are particularly pleased that GPI is choosing MaxBright, which further solidifies our relationship with this important customer as they grow their position in the LED industry.a
About the MaxBright
The MaxBright system is the industrya™s most productive, lowest cost of ownership MOCVD system available to manufacture high brightness LEDs. Available in a 2 or 4-reactor cluster architecture, the MaxBright system delivers up to a 500% productivity gain and a 2.5x increase in footprint efficiency over the industry-leading K465i system. For more information, please visit [ www.veeco.com/maxbright ]
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 GaN-based LED Epi-wafers, LED chips for lighting, display, backlighting, and auto lamp applications, and the most powerful LED chips for scientific, industrial, and research applications. [ http://www.g-photonics.com/ ]
About Veeco
Veeco makes equipment to develop and manufacture LEDs, solar panels, hard disk drives and other devices. We support our customers through product development, manufacturing, sales and service sites in the U.S., Korea, Taiwan, China, Singapore, Japan, Europe and other locations. Please visit us at [ 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, 2010 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.
