Veeco Instruments Inc. (Nasdaq: VECO), announced today that Sanan OptoElectronics of China has placed multiple tool orders for Veeco’s TurboDisc® Metal Organic Chemical Vapor Deposition (MOCVD) Systems to expand their manufacturing capacity of high brightness light emitting diodes (HB-LEDs).
Mr. Simon Lin, CEO of Sanan, commented, "The addition of Veeco's high productivity MOCVD systems to our manufacturing facilities in Xiamen and Tianjin, China ensures that we can continue to increase output of our market-leading HB-LEDs. We are seeing increased demand for LEDs in such applications as general illumination, TV backlight and outdoor display.”
Bill Miller, Ph.D., Senior Vice President, General Manager of Veeco's MOCVD Operations commented, "We are pleased that Sanan, a key technology leader and the largest manufacturer of HB-LEDs in China, has chosen Veeco’s TurboDisc MOCVD Systems for its capacity expansion. We are looking forward to partnering with Sanan as they increase their high volume production of HB-LED devices."