VECO sells MOCVD to Tsinghua Tongfang for China HB-LED fab

06/20/2011

June 20, 2011 - BUSINESS WIRE -- Tsinghua Tongfang Company, publicly listed Tsinghua Holdings Company Limited division, ordered Veeco Instruments Inc. (Nasdaq:VECO) new TurboDisc MaxBright multi-reactor metal-organic chemical vapor deposition (MOCVD) system for high-brightness light-emitting diodes (HB-LEDs) production.

Veeco is the primary supplier for the NanTong, China HB-LED fab, which was built in 2010. Veeco's single-chamber K465i systems are performing well in the facility, noted Professor Liu Gang, GM of Nantong Tongfang, adding that the MaxBright multi-chamber CVD adds productivity. Veeco says that the Maxbright is 500% more productive with a 2.5x better footprint than the K465i.

The MaxBright system is available in a 2 or 4-reactor cluster architecture.

Veeco equipment is used to develop and manufacture LEDs, solar panels, hard disk drives and other devices. Learn more at www.veeco.com.

Tsinghua Tongfang Company Limited (SSE: 600100) is part of Tsinghua Holdings Company Limited and is a state-owned enterprise headquartered in Beijing, China, engaged in information technology, energy and environment industries.

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