Deli Optoelectronics Selects Veeco MOCVD Systems for New LED Manufacturing Facility
PLAINVIEW, N.Y.--(BUSINESS WIRE)--
Veeco Instruments Inc. (Nasdaq: VECO) announced today that Guangdong
Deli Optoelectronics Co., Ltd, a newly formed and privately held company
located in the high tech development zone of Jiangmen, Guangdong, has
ordered multiple TurboDisc®
K465i™ Metal Organic Chemical Vapor Deposition (MOCVD) Systems to
support its high brightness light emitting diode (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 Company’s demonstrated market leadership in
MOCVD and production-proven technology. Veeco’s systems will provide us
the lowest cost of ownership to help us achieve great success in the LED
market.”
Jeff Hawthorne, Veeco’s Senior Vice President, MOCVD, commented, “It is
gratifying to be chosen by Deli Optoelectronics as they make their first
foray into the LED industry. Our tools have supported many of China’s
LED leaders, so we look forward to providing this new customer with
state-of-the-art equipment, engineer training and excellent support and
service.”
About Deli Optoelectronics
Deli Optoelectronics (a sub-company of DELIXI), headquartered in
Wenzhou, specializes in the manufacturing of the electric power
transmission and distribution appliances. DELIXI produces a full range
of high and low voltage switchgear sets and components and has expanded
its business into more than 40 countries. For information on the
company, products and worldwide service and support, please visit http://www.delixi.com/english/default.asp.
About Veeco
Veeco’s process equipment solutions enable the manufacture of LEDs,
power electronics, hard drives, MEMS and wireless chips. We are the
market leader in MOCVD, MBE, Ion Beam 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, 2011 and in
our subsequent quarterly reports on Form 10-Q, current reports on Form
8-K and press release. Veeco does not undertake any obligation to update
any forward-looking statements to reflect future events or circumstances
after the date of such statements.
Veeco Instruments Inc. Financial Contact: Debra
Wasser, 516-677-0200 x1472 SVP Investor Relations &
Corporate Communications or Media Contact: Fran
Brennen, Senior Director Marcom 516-677-0200 x1222
Press Release $VECO Veeco Instruments Inc.
PLAINVIEW, N.Y.--(BUSINESS WIRE)-- Veeco Instruments Inc. (Nasdaq: VECO) announced today that Guangdong Deli Optoelectronics Co., Ltd, a newly formed and privately held company located in the high tech development zone of Jiangmen, Guangdong, has ordered multiple TurboDisc® K465i™ Metal Organic Chemical Vapor Deposition (MOCVD) Systems to support its high brightness light emitting diode (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 Company’s demonstrated market leadership in MOCVD and production-proven technology. Veeco’s systems will provide us the lowest cost of ownership to help us achieve great success in the LED market.”
Jeff Hawthorne, Veeco’s Senior Vice President, MOCVD, commented, “It is gratifying to be chosen by Deli Optoelectronics as they make their first foray into the LED industry. Our tools have supported many of China’s LED leaders, so we look forward to providing this new customer with state-of-the-art equipment, engineer training and excellent support and service.”
About Deli Optoelectronics
Deli Optoelectronics (a sub-company of DELIXI), headquartered in Wenzhou, specializes in the manufacturing of the electric power transmission and distribution appliances. DELIXI produces a full range of high and low voltage switchgear sets and components and has expanded its business into more than 40 countries. For information on the company, products and worldwide service and support, please visit http://www.delixi.com/english/default.asp.
About Veeco
Veeco’s process equipment solutions enable the manufacture of LEDs, power electronics, hard drives, MEMS and wireless chips. We are the market leader in MOCVD, MBE, Ion Beam 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, 2011 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press release. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.
Veeco Instruments Inc.
Financial Contact:
Debra Wasser, 516-677-0200 x1472
SVP Investor Relations & Corporate Communications
or
Media Contact:
Fran Brennen, Senior Director Marcom
516-677-0200 x1222
Source: Veeco Instruments Inc.