Veeco Receives Order from LED Manufacturer in China

Veeco Instruments Inc. (Nasdaq: VECO), announced today that Hangzhou Silan Azure Co. Ltd., a major LED manufacturer in China, has placed a multi-tool order for Veeco’s TurboDisc® K465iTM Metal Organic Chemical Vapor Deposition (MOCVD) Systems. The equipment will be placed at Silan Azure’s facility in Hangzhou for its high brightness light emitting diode (HB-LED) manufacturing ramp.

Mr. Zhongyong Jiang, President of Silan Azure, commented “We started the cooperation with Veeco by selecting the K465i MOCVD systems because we heard very positive feedback from the industry on the excellent system design and good performance in the field. We believe Veeco’s systems will be another good choice for high volume production of LEDs. Given the increased demand for LEDs in such applications as general illumination, TV backlight and outdoor displays, we intend to ramp our production quickly with the cooperation of business partners like Veeco.”

Bill Miller, Ph.D., Executive Vice President, Compound Semiconductor and head of Veeco's MOCVD Operations commented, “We are gratified that we have the opportunity to supply Silan Azure, one of the largest LED companies in China. We believe that the China market will drive significant advancement of the LED industry and Veeco, as the market-leading equipment provider in China, is well positioned to benefit from this growth.”

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