LED industry will be able to overcome the oversupply glut over the last few years in 2014, as it hops onto lighting’s growing trend, according to estimations by Veeco. Epistar Chairman B.J. Lee projected earlier the LED supply and demand situation will gradually ease in 2014, and LED manufacturers are also optimistic about lighting developments in 2014. Large MOCVD manufacturers such as Veeco are also optimistic about a new generation of MOCVD equipment demands spurred by LED lighting growth.

Chinese-language online media STCN.Com reporters interviewed Tang Optoelectronics Equipment Co. (TOPEC) Chairman and CEO Steve Chen during the 10th OfWeek LED Seminar 2013 and OfWeek LED Awards in Shenzhen on Nov. 15, 2013. The TOPEC leader shares insights on MOCVD equipment market developments in China. 

U.S. manufacturer Veeco and German company Aixtron that have long possessed China’s LED epitaxal wafer MOCVD market, will be facing “war declarations” issued by Chinese manufacturers, according to a report by Chinese newspaper The National Business Daily. 

Veeco Instruments Inc. announced yesterday that it received a letter from The NASDAQ Stock Market LLC (NASDAQ) on August 14, 2013 notifying the Company that it is not in compliance with NASDAQ Listing Rule 5250(c)(1) because its Quarterly Report on Form 10-Q for the quarter ended June 30, 2013 (the Form 10-Q) was not filed on a timely basis with the Securities and Exchange Commission (SEC). NASDAQ Listing Rule 5250(c)(1) requires the Company to timely file all required periodic financial reports with the SEC. As previously announced...

On August 19, Veeco Instruments Inc. launched the GENxplor Molecular Beam Epitaxy (MBE) Deposition System, the industry's first fully-integrated MBE system for the compound semiconductor R&D market. The GENxplor creates high quality epitaxial layers on substrates up to 3 inch in diameter and is ideal for cutting edge research on a wide variety of materials including GaAs, nitrides, and oxides. “The compound semiconductor R&D community asked for a more affordable, flexible, and easy-to-use MBE system and Veeco has delivered with the GEN...

On July 29, Veeco announced that KaiStar Lighting Co., Ltd., a China-based joint venture between Epistar Corporation and Shenzhen Kaifa Technology Co., Ltd., ordered multiple TurboDisc MaxBright M MOCVD Systems in the second quarter of 2013. The systems will be added to KaiStar's current installed base of Veeco MOCVD systems as part of their 2013 capacity expansion plan. Mr. MJ Jou, President of Epistar Corporation, said, "This latest capacity expansion is based on our customers' growing demand for LEDs for backlighting and gener...

Veeco announced on July 29 that Sanan Optoelectronics Co. Ltd., the biggest LED maker in China, has placed a multi-tool order for Veeco's TurboDisc MaxBright M Metal Organic Chemical Vapor Deposition (MOCVD) Systems in the third quarter of 2013. The TurboDisc MaxBright M GaN MOCVD Multi-Reactor System is the industry's highest footprint efficiency MOCVD system designed to manufacture high quality, high brightness light emitting diodes. The multi-reactor systems will be used to ramp production of LEDs in their Xiamen, China fab for...

Veeco Instruments Inc.is providing select financial metrics and business highlights for the quarter ended June 30, 2013. Due to the accounting review announced on November 15, 2012, the Company is unable to report revenue and earnings information. Second quarter 2013 bookings were $85 million, up 21% sequentially, including: LED & Solar $58 million (MOCVD $52 million and MBE $6 million), and Data Storage $27 million. The Company’s unaudited cash balance at June 30, 2013 was $585 million, down slightly from the $588 million reported at the end of th...

Veeco has received an R&D 100 Award for its SPECTOR-HT Ion Beam Deposition (IBD) System. Initiated in 1962 and called the "Oscars of Innovation," the R&D Awards, issued by R&D Magazine, recognize and celebrate the top 100 technology products of the year. The R&D 100 Awards have identified revolutionary technologies newly introduced to the market over the last 50 years. Many of these have become household names, helping shape everyday life for many Americans. These include the flashcube (1965), the automated teller machine (1973...

Veeco is going to host an "Innovative Manufacturing Solutions for MEMS and Magnetic Sensors" Technical Seminar on July 4, 2013 in Tokyo, Japan.    The seminar, focused on ion beam etching and physical vapor deposition of complex materials that enable smaller form factor and more reliable MEMS devices, will feature industry experts from Veeco, Hitachi Global Storage Technologies and Yole Développement. Topics will focus on manufacturing innovations required for unique materials, such as patterning of advanced piezoelectric devices and ...

Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported selected financial metrics and business highlights for first-quarter 2013 (excluding revenue and earnings, due to the firm’s ongoing review of revenue recognition, announced last November). Order bookings totalled $70m (down 24% on $92.3m for Q4/2012). This included: $37m from MOCVD (down 42% on $62.8m) and $6m from MBE (down 51% on $12.6m); hence LED and solar market orders together totaled $43m (down 43% on $75.4m). Data Storage orders totalled $27m (...

Veeco Instruments Inc. is providing select financial metrics and business highlights for the quarter ended March 31, 2013. Due to the accounting review announced on November 15, 2012, the Company is unable to report revenue and earnings information.   •    First quarter 2013 bookings were $70 million including: MOCVD $37 million, MBE $6 million (LED & Solar total $43 million), and Data Storage $27 million. •    The Company’s unaudited cash balance at March 31, 2013 was $588 million, up from $579 million at De...

Veeco recently announced that, due to the ongoing accounting review announced on November 15, 2012, the Company is unable to report revenue and earnings information for the fourth quarter and year ended December 31, 2012. The Company will not be hosting an earnings call at this time, and is providing selected business highlights as follows: •    Fourth quarter unit shipments were in line with the Company’s expectations. •    Fourth quarter 2012 bookings were $92.3 million, up from the $83.7 million booked in the third quarter of 2012....

Veeco Instruments Inc. (Nasdaq: VECO) announced that the University of Waterloo, located at the heart of Canada’s technology hub, has purchased a GEN10® Molecular Beam Epitaxy system for its recently opened Quantum-Nano Centre (QNC) hosting the Waterloo Institute for Nanotechnology (WIN) and the Institute for Quantum Computing (IQC). The system will be installed in the new MBE laboratory being established by Professor Zbig Wasilewski, Endowed Nanotechnology Chair at WIN. According to Professor Wasilewski, “MBE technolog...

Veeco has received an order for multi- and single-chamber TurboDisc® MOCVD Systems, including the new MaxBright® M™, from KaiStar Lighting Co., Ltd., a joint venture between Epistar Corporation and Shenzhen Kaifa Technology Co., Ltd., which is based in Xiamen, China and began LED production in 2012. The systems will be added to KaiStar’s existing fleet of Veeco MOCVD systems as part of their 2013 capacity expansion plan. MJ Jou, President of Epistar Corporation commented, “This latest capacity expansion in Xiamen i...

Veeco has received orders from Guangdong Deli Optoelectronics Co., Ltd, a newly formed and privately held company located in the high tech development zone of Jiangmen, Guangdong, for multiple TurboDisc® K465i™ Metal Organic Chemical Vapor Deposition (MOCVD) Systems to support its HB LED manufacturing ramp. Mai Qinghua, President of Deli Optoelectronics, commented, "We are excited to select Veeco’s K465i systems for our new production facility which will open in the spring of 2013. We chose Veeco over its competitors because of the...

According to Veeco, it has filed a form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission (“SEC”) relating to the Company’s report on Form 10-Q for the period ended September 30, 2012. Additional time is needed because the Company is in the process of evaluating the timing of recognition of revenue on the sale of certain MOCVD systems and related upgrades to these systems.   John R. Peeler, Veeco’s Chairman and Chief Executive Officer, stated, “We are currently reviewing the timing of re...

Brolis Semiconductors Ltd. and Veeco Instruments Inc. (Nasdaq: VECO) announced today that Brolis has received shipment of a Veeco GEN200® Edge™ Molecular Beam Epitaxy (MBE) production system for installation at their new epitaxial wafer production facility in Vilnius, Lithuania. Dominykas Vizbaras, CEO of Brolis, commented, “The mission of our company is to become a world-leading provider of complex epitaxial structures for long-wave optoelectronics, such as thermal imaging, concentrator photovoltaic and other custom devices. Veeco is the w...

Veeco Instruments Inc. (Nasdaq: VECO) announced its financial results for the third quarter ended September 30, 2012. Veeco reports its results on a U.S. generally accepted accounting principles (“GAAP”) basis, and also provides results excluding certain items.   Third Quarter 2012 Results John R. Peeler, Veeco’s Chairman and Chief Executive Officer, commented, “Veeco’s third quarter revenue was $127 million, and adjusted EBITA and non-GAAP earnings per share were $17 million and $0.34, in line with our guidanc...

Veeco Instruments Inc. (Nasdaq: VECO) announced 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 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...

Veeco Instruments Inc. (NASDAQ: VECO) announced that SEMATECH, a global semiconductor consortium that conducts research and development to advance chip manufacturing, has recently achieved a major breakthrough using Veeco’s NEXUS® Low Defect Density Ion Beam Deposition (LDD IBD) System to significantly reduce defects from multi-layer deposition of mask blanks used for extreme ultraviolet lithography (EUVL). Frank Goodwin, Manager of SEMATECH’s Mask Blank Defect Reduction program, stated, “EUVL requires a ...

Veeco announced that Nantong Tongfang Semiconductor Co., Ltd. has received shipment of Veeco's TurboDisc® K465i™ MOCVD System for research of GaN-on-Si HB LEDs. The system was delivered to Tongfang’s new LED Technology Center in Nantong, China. Professor Liu Gang, General Manager of Nantong Tongfang Semiconductor, stated, “We successfully utilize Veeco’s MOCVD systems in our current production of GaN-on-sapphire based LEDs. It was the logical choice to select Veeco for our new research into GaN-on-Si...

Veeco Instruments Inc. (Nasdaq: VECO) announced today that it has recently completed installation of a GEN2000® Edge™ Molecular Beam Epitaxy (MBE) System at IPG Photonics Corporation. The system was delivered to further expand their production of high-quality GaAs-based lasers. This order follows IPG’s prior purchases of three Veeco GEN200® Systems. Dr. Alex Ovtchinnikov, Vice President-Components for IPG, stated, “We have been very pleased with the cost of ownership advantages and the unsurpassed performance of our p...

Veeco Instruments Inc. (Nasdaq: VECO) announced its financial results for the second quarter ended June 30, 2012. Veeco reports its results on a U.S. generally accepted accounting principles (“GAAP”) basis, and also provides results excluding certain items. Second Quarter 2012 Results John R. Peeler, Veeco’s Chairman and Chief Executive Officer, commented, “Veeco continues to deliver solid results in a soft market. Second quarter revenue was $137 million, and adjusted EBITA and non-GAAP earnings per share were $20 million and...

Veeco Instruments Inc. announced that AZZURRO Semiconductors AG, a pioneer in GaN-on-Si technology headquartered in Germany, has recently placed into production the TurboDisc® K465i™ gallium nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) System. The MOCVD system is used to make gallium nitride on silicon (GaN-on-Si) wafers for power semiconductors, LED wafers and LED template wafers that enable customers to leverage the technology advantage of the GaN-on-Si technology themselves.   Dr. Markus Sickmö...

Veeco recently has held its MOCVD User Meeting in Tainan, Taiwan. Representatives from most of Taiwan’s top LED manufacturers such as Epistar Corporation, FOREPI, Genesis Photonics Inc. (GPI), Huga Optotech Inc., Tekcore Co. Ltd., Epileds Co. Ltd., and Arima Optoelectronics Corp. attended. Invited speaker Charles Li, Ph.D., GPI’s Vice President of R&D, commented, “Veeco’s User Meeting was a great event. I appreciate the opportunity to collaborate with Veeco’s technology experts and interact with ot...

Veeco Instruments Inc. announced today that it will be exhibiting and presenting at the International Symposium on Growth of III-Nitrides (ISGN4) on Wednesday, July 16-19, 2012 in St. Petersburg, Russia. The symposium is part of a biannual series focusing on the growth of III-Nitride materials, nanostructures and device structures. Alex Gurary, Ph.D., Veeco’s Senior Director, MOCVD Hardware Test, will present “Reactants injector temperature effect on III-Nitrides materials deposition in the high speed vertical rotating disc MOCVD...

Veeco Instruments Inc. (Nasdaq: VECO) introduced three new models of its market-leading TurboDisc® metal organic chemical vapor deposition (MOCVD) systems for the production of high brightness light emitting diodes (LEDs): TurboDisc MaxBright® M™, TurboDisc MaxBright MHP™ and TurboDisc K465i HP™. MaxBright M: a modular and more compact version of Veeco’s multi-reactor system. The MaxBright M provides easier serviceability and up to 15% improved footprint efficiency compared to MaxBright, and nearly 40% better ...

LEDforum 2012 Guangzhou is to kick off with industry heavyweights at the Chinese Export Commodities Fair Pazhou Complex, Area B, Room # 8 on June 11th. Organizer :       Co-organizer： Date : June 11, 2012 Time : 9 am – 5 pm Venue : Import and Export Fair Pazhou Complex (Please enter directly from Area B) Overview This time, LEDforum 2012 will provide a perfect platform to interact with global LED market leaders from Osram, Philips Lumileds, Seoul Semiconductor, Henkel (China), Lextar, Aixtron, Veeco Instrume...

Veeco Instruments Inc.has introduced three new models of its market-leading TurboDisc® metal organic chemical vapor deposition (MOCVD) systems for the production of high brightness light emitting diodes (LEDs): TurboDisc MaxBright® M™, TurboDisc MaxBright MHP™ and TurboDisc K465i HP™. The MaxBright MHP provides as much as 20% within-wafer wavelength uniformity improvement over MaxBright. MaxBright M: a modular and more compact version of Veeco’s multi-reactor system. The MaxBright M provides easier serviceabi...