2010-10-28

Veeco Supported 2010 MBE Innovator Award Winner

Co-sponsored by Veeco and the North America MBE organization, the 2010 MBE Innovator Award has given to Prof. Theodore Moustakas of the Electrical and Computer Engineering Department at Boston University.  
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2010-10-26

Veeco Announces Record Third Quarter 2010 Financial Results

Veeco Instruments Inc. (Nasdaq: VECO) announced its financial results for the third quarter ended September 30, 2010. Veeco reports its results on a generally accepted accounting principles ("GAAP") basis, and also provides results excluding certain items. Please refer to the attached table for details of the reconciliation between GAAP operating results and Non-GAAP operating results, and presentation of results on a "Continuing Operations" basis for current and historical periods.
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2010-10-26

Epistar Places Multi-Tool Order for Veeco MOCVD Systems

Veeco Instruments Inc. (Nasdaq: VECO), has announced that Epistar Corporation, headquartered in Taiwan, placed a multi-tool order for Veeco's TurboDisc(R) K465i(TM) gallium nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) Systems for high volume light emitting diode (LED) production.
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2010-10-25

Veeco’s CEO John Peeler highlights approaches to becoming the leading MOCVD equipment supplier

At the 7th China International Forum for Solid State Lighting, John R. Peeler, Chief Executive Officer of Veeco Instruments Inc. (NASDAQ: VECO), announced a significant expansion of Veeco's Asia presence in order to better support the rapid growth of the LED industry and the needs of its customers.   LEDinside recently attended Veeco’s 2010 MOCVD User Group Meeting to learn more about Veeco’s approaches to achieving the company’s objectives.  
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2010-10-15

Hangzhou Silan Azure Selects Veeco's MOCVD Tools to Ramp LED Manufacturing

Veeco Instruments Inc. (Nasdaq: VECO), announced that Hangzhou Silan Azure Co.
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2010-10-15

Veeco Announces Asia Expansion Plan to Support the Rapid Growth

At the 7th China International Forum for Solid State Lighting, John R. Peeler, Chief Executive Officer of Veeco Instruments Inc. (NASDAQ: VECO), announced a significant expansion of Veeco's Asia presence in order to better support the rapid growth of the LED industry and the needs of its customers.
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2010-10-07

Veeco Presents Turbodisc K465i GaN MOCVD System at 7TH CHINA SSL

At the 7TH CHINA SSL in Shenzhen, China (October 14 – October 16, 2010) Veeco Instruments Inc. (Nasdaq: VECO), a global provider of Process Equipment technology will have a booth at Hall 9, booth No. 507-509. 
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2010-10-05

Veeco Announces Date for Third Quarter 2010 Financial Release

Veeco Instruments Inc. (Nasdaq: VECO) announced that third quarter 2010 financial results will be distributed after the market closes on Monday, October 25, 2010. A conference call reviewing these results has been scheduled for 5:00pm ET that day at 1-877-591-4956 (toll free) or 1-719-325-4772 using passcode 8848728.
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2010-09-09

Share price of LED makers tumbles due to concerns of poor demand

As fears of weakening demand for equipment such as LCD screens that use the LED bulbs, Cree closed down 8.1% to $50.18, Veeco fell 8.3% to $33.44 and Aixtron AG was 5.3% lower at $24.78. Cree and Veeco share prices are unchanged while Aixtron is down to $24.72 in recent late trading.
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2010-09-01

Veeco Presents Precision Optical Profiler for Automated HB-LED Production QA/QC at Semicon Taiwan 2010

At the SEMICON Taiwan 2010 trade shows and seminars in Taipei, Taiwan next week (SEP 8-10, 2010), Veeco Instruments Inc.  (Nasdaq: VECO), a global provider of precision instrumentation and metrology solutions for scientific and industrial markets, will announce a new ContourGT™ Optical Surface Profiler configuration optimized for characterizing high-brightness light-emitt
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2010-08-31

Tsinghua Tongfang Selects Veeco as Primary MOCVD Supplier for New China LED Factory

Veeco Instruments Inc. has announced that Tsinghua Tongfang Company, a Beijing-based, publicly listed division of the Tsinghua Holdings Company Limited, has selected Veeco as its primary supplier of Metal Organic Chemical Vapor Deposition (MOCVD) systems for their new light-emitting diode (LED) factory. Veeco booked the initial systems from a large multi-tool purchase order earlier this month.
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2010-08-25

Veeco Authorizes Share Repurchases

Veeco Instruments Inc. announced that its Board of Directors has authorized the repurchase of up to $200 million of the Company's common stock over the next year.
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2010-08-17

Veeco to Focus on Process Equipment for the LED, Solar and Data Storage Markets

Veeco Instruments Inc. announced that it has agreed to sell its Metrology business to Bruker Corporation (Nasdaq: BRKR), a leading provider of high-performance scientific instruments and solutions for molecular and materials research, for $229 million in cash. The transaction has been approved by the Board of Directors of both companies and is expected to close in the fourth quarter of 2010, pending regulatory review and subject to customary closing conditions.
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2010-08-13

Elec-Tech Orders Veeco MOCVD Systems for Two New China LED Factories

Veeco Instruments Inc. announced that Elec-Tech International has selected its TurboDisc(R) K465i MOCVD systems as their "tool of choice" for two new LED factories in Wuhu and Yangzhou, China. In August Veeco booked the initial systems from a large multi-tool purchase order from Elec-Tech's LED subsidiary, Elec-Tech Optoelectronic Technology (Wuhu) Co., Ltd.
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2010-07-23

Shanghai Epilight Selects Veeco's MOCVD Systems for Its LED Manufacturing Capacity Ramp

Veeco Instruments Inc. (Nasdaq: VECO) announced today that during the recently completed second quarter, Shanghai Epilight Technology Company Ltd., one of the largest LED manufacturers in China, placed a multi-tool order for Veeco TurboDisc(R) K465i(TM) Metal Organic Chemical Vapor Deposition (MOCVD) systems. The equipment is for Epilight's planned capacity expansion at their Shanghai high-brightness light emitting diode (HB-LED) fab.
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2010-07-19

Neo-Neon Places Initial Order for Veeco K465i MOCVD System

Veeco Instruments Inc. announced today that Neo-Neon Holdings Ltd., a leading lighting company listed on the Hong Kong exchanges, has ordered its first Veeco TurboDisc(R) K465i Metal Organic Chemical Vapor Deposition (MOCVD) system to support its LED manufacturing capacity ramp at its JiangMen, China factory. Veeco received the order during the recently completed second quarter.
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2010-05-21

Veeco’s MOCVD system has been approved by Epistar

Veeco Instruments Inc., announced Epistar Corporation of Taiwan has qualified Veeco's TurboDisc(R) K465i(TM) gallium nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) System for high volume LED production.
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2010-05-04

LED MOCVD Equipment Maker Veeco holds User Meeting in Taiwan

Veeco held the 2010 User Meeting in Hsinchu, Taiwan, inviting Taiwan-based LED epitaxy manufacturers to share their experience in product usage and hold discussions about the new product.
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2010-04-30

Veeco Announces Winners of Veeco Labs Energy Innovation Research Grant

Veeco Instruments Inc., the leading provider of scanning probe microscopes (SPM) to the nanoscience community, today announced the winners of the second phase of the Veeco Labs Research Grant Program, “Energy Innovation.”
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2010-04-28

Veeco Announces First Quarter 2010 Financial Results

Veeco Instruments Inc. announced its financial results for the first quarter ended March 31, 2010. Veeco reports its results on a generally accepted accounting principles ("GAAP") basis, and also provides results excluding certain items. Please refer to the attached table for details of the reconciliation between GAAP operating results and Non-GAAP operating results.
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2010-04-27

Veeco MOCVD Tools Selected for Continued Capacity Expansion at Seoul Optodevice of Korea

Veeco Instruments Inc., announced today that Seoul Optodevice Co., Ltd. (SOC) of Korea has selected Veeco's TurboDisc(R) K465i(TM) gallium nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) System to expand their manufacturing capacity of high brightness light emitting diodes (HB-LEDs). In addition to orders placed in 2009, SOC placed a multi-tool order during the second quarter of 2010, with all tools currently scheduled for shipment during 2010.
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2010-04-27

Genesis Photonics in Taiwan Orders Multiple Veeco MOCVD Systems

Veeco Instruments Inc., announced today that it has received orders for multiple TurboDisc(R) K465i(TM) gallium nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) Systems from Genesis Photonics Inc. (GPI), headquartered in Taiwan, during the first quarter of 2010. 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 applications.
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2010-04-27

Sanan Optoelectronics Selects Veeco's MOCVD Tools for Its New LED Fab

Veeco Instruments Inc., announced today that Sanan Optoelectronics Co. Ltd., the largest manufacturer of full color LEDs in China, has placed a large multi-tool order for Veeco's K465i(TM) and E475(TM) TurboDisc(R) Metal Organic Chemical Vapor Deposition (MOCVD) Systems. The equipment is for Sanan's new LED fab in Wuhu, Anhui Province for the manufacturing of high brightness light emitting diodes (HB LEDs). Veeco booked the order earlier this month.
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2010-04-08

Outlook for the MOCVD and LED market - Interview with Veeco’s Vice President Jim Jenson

To gain more in-depth understanding on the development of MOCVD equipment in the global LED market, as well as changes that the LED industry will face in the future, LEDinside recently interviewed Jim Jenson, Veeco's Vice President, in Shanghai, China. According to Jenson, lowering LED prices to stimulate market demand is the sure path to explosive growth in the LED market. One direct way to lower production costs is through upgrading the MOCVD equipment and technology.
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2010-04-07

Veeco Introduces ContourGT Surface Metrology Product Family

Easy-to-Use, Non-Contact, 3D Optical Surface Profilers Deliver up to 10x Throughput Improvements
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2010-02-22

Veeco GEN10 System Continues to Make Traction Capping Record Year for Veeco MBE

Veeco Instruments Inc. announced today that its Molecular Beam Epitaxy (MBE) business had a strong close to 2009, resulting in the fourth year of consecutive revenue growth. In addition, Veeco also announced that it is seeing favorable recognition worldwide for its automated growth module cluster tool systems, including the most recently introduced GEN10™.
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2010-02-10

Veeco Announces Q4 and 2009 Financial Results

Veeco Instruments Inc. announced its financial results for the fourth quarter and full year ended December 31, 2009. Veeco reports its results on a generally accepted accounting principles ("GAAP") basis, and also provides results excluding certain items. Please refer to the attached table for details of the reconciliation between GAAP operating results and Non-GAAP operating results.
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2010-01-28

Veeco Awarded $4M in R&D Matching Funds from DOE Solid State Lighting Manufacturing Grant

Veeco Instruments Inc. announced that it has been awarded $4 million in R&D matching funds from the American Recovery and Reinvestment Act by the U.S. Department of Energy to support high-efficiency solid state lighting projects. Solid state lighting, which uses light emitting diodes (LEDs) and organic LEDs (OLEDs) has the potential to be ten times more energy-efficient than traditional incandescent light bulbs.
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2010-01-27

Veeco Introduces the NT9080(TM) Surface Metrology System

Veeco introduced the NT9080(TM) Surface Metrology System, which combines non-contact white light interferometry, operator ease of use, and affordability for both expert- and entry-level precision surface measurements. Utilizing over 25 years of Veeco's optical profiler technology expertise, the NT9080 is a streamlined three-dimensional (3D) measurement system suited to a wide range of cost-sensitive research and industry applications, from solar cell texture mapping to the characterization of precision machined parts.
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2010-01-20

Veeco Introduces the Lowest COO MOCVD System K465i

Veeco introduces the TurboDisc® K465i™ gallium nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) System for the production of high-brightness light-emitting diodes (HB LEDs). Veeco’s industry-leading beta site customers rapidly qualified the K465i for volume production, and the...
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