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Veeco expands in Asia

Posted: 18 Oct 2010 ?? ?Print Version ?Bookmark and Share

Keywords:solid-state lighting? LED? MOCVD?

Veeco Instruments Inc. is preparing to make a significant expansion of operations in Asia in a bid to meet growing demand for LEDs from customers.

Chief executive office John R. Peele announced at the 7th China International Forum for Solid State Lighting will invest more than $25 million on several projects, which include the expansion of the company's Singapore manufacturing center and supply chain hub, the opening of a direct sales and service center for MOCVD in Japan, and the opening of a customer support and training center in Shanghai an applications center and demo lab in Taiwan.

"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," Peele said. "Over time, we will also leverage these new sites to support our customers in solar and other clean tech markets."

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