Hangzhou Silan Azure Expands Manufacturing Capacity with Veeco MOCVD
April 30, 2012
PLAINVIEW, N.Y.--(BUSINESS WIRE)--Apr. 30, 2012-- Veeco Instruments Inc. (Nasdaq: VECO) announced today that Hangzhou Silan Azure Co. Ltd., a leading LED manufacturer in China, has placed a multi-tool order for Veeco's TurboDisc® K465i™ Metal Organic Chemical Vapor Deposition (MOCVD) systems. The equipment will be used to expand Silan’s manufacturing capacity for blue and green high brightness light emitting diodes (HB LEDs).
Mr. Zhongyong Jiang, President of Silan Azure, commented “The growth we are experiencing supplying LEDs for general illumination, backlighting and outdoor display applications required us to add manufacturing capacity at our Hangzhou facility. After evaluating various suppliers, we chose to purchase additional systems from Veeco because of our satisfaction with the production-worthiness and reliability of existing K465i MOCVD tools at our fab. The excellent field support we have received from Veeco was also a major factor in our decision.”
William Miller, Ph.D., Executive Vice President of Veeco Process Equipment commented “We are pleased Silan Azure has chosen the K465i for their manufacturing expansion, and look forward to continuing to build upon our relationship with one of China’s top LED manufacturers.”
For further information on the TurboDisc K465i MOCVD System, please visit Veeco at www.veeco.com/mocvd .
About Hangzhou Silan Azure Co. Ltd.
Hangzhou Silan Azure Co. Ltd., a joint venture of Silan Microelectronics Co. Ltd., is one of the largest LED manufacturers in China. They are engaged in the design, development, manufacture and distribution of HB-LEDs, epitaxial wafers and chips. The company is headquartered in Hangzhou, PRC. Please visit http://www.silanazure.com/en/About.asp for more information.
Veeco makes equipment to develop and manufacture LEDs, solar cells, 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, 2011 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.
Veeco Instruments Inc.
Debra Wasser, 516-677-0200 x1472
SVP Investor Relations & Corporate Communications
Fran Brennen, 516-677-0200 x1222
Senior Director Marcom