Veeco has received a multi-unit order of its TurboDisc(R) MaxBright(TM) MOCVD System from Elec-Tech International for production of HB LEDs at their facility in Wuhu, China.
Tony Wang, Chairman of Elec-Tech commented, "As we have previously stated, our goal is to become one of the top three LED companies by output and sales revenue in China within two years, and we have an aggressive plan to achieve this goal. By adding Veeco's new multi-chamber MaxBright, we expect to be able to compete in a very high-production environment and drive down the cost of LEDs. We are excited by what we have seen with MaxBright in terms of its cost-of-ownership model, ease-of-use, and the great footprint advantage it will offer us in our fab."
About Elec-Tech
Elec-Tech International is a Shenzhen-listed electronics company that has signed a joint venture cooperative agreement with South Korean firm EpiValley to jointly develop the Chinese LED market.