Posted: Oct 14, 2010 | |
Veeco Announces Asia Expansion Plan |
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(Nanowerk News) At the 7th China International Forum for Solid State Lighting, John R. Peeler, Chief Executive Officer of Veeco Instruments Inc., 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. | |
"We see a tremendous opportunity to help our Asian customers to 'go faster' to advance brightness and decrease the cost of LEDs," commented Mr. Peeler. "Veeco intends to provide an unprecedented level of technology development on latest-generation metal organic chemical vapor deposition (MOCVD) systems, customer training, and world class service and support." | |
Veeco's Expansion Plan Includes: | |
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Mr. Peeler added, "As our Asian customers continue to accelerate the pace of adoption of LEDs for consumer electronics and solid-state lighting, we believe this strategic investment of more than $25 million will position Veeco as the region's top equipment supplier and ensure the mutual success of Veeco and our customers. Over time, we will also leverage these new sites to support our customers in Solar and other clean tech markets." | |
About Veeco | |
Veeco makes equipment to develop and manufacture LEDs, solar panels, 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. |
Source: Veeco (press release) |
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