Trade Resources Industry Views Veeco Instruments Has Invested in a New Research and Development Facility

Veeco Instruments Has Invested in a New Research and Development Facility

Tags: Market View, led

Veeco Instruments has invested in a new research and development facility in Seoul, Korea to advance high brightness LED technology. The company recently participated in an investment forum signing ceremony at the 2012 Korea Investment Forum in New York City to commemorate the company’s substantial investment in the new R&D facility. The Investment Forum event, jointly sponsored by the Korea Trade-Investment Promotion Agency (KOTRA) and the Korea Ministry of Knowledge Economy (MKE), brought together government officials, investors, industry experts and business leaders from South Korea and the United States to celebrate and promote investment in South Korea by U.S.-based companies. In other Veeco news, the company reported that Lasertel, Inc. of Tucson, Arizona USA a subsidiary of Selex Galileo Inc., a Finmeccanica company, purchased a second high-throughput, multi-wafer GEN200(R) Edge(TM) Molecular Beam Epitaxy (MBE) production system to increase its laser diode manufacturing capacity. This brings their in-house complement of MBE tools to four. The latest will reportedly be used to accelerate the development of next-generation, high performance diode laser products. The expansion is planned to be completed by Q4, 2012. "The additional GEN200 Edge production MBE system provides the extra capacity required to support the increased demand for Lasertel devices. The GEN200 system offers advanced automation, precise process control, and in-situ process monitoring. It is the core enabling technology for Lasertel's leading-edge, high performance semiconductor diode laser devices," says Mark McElhinney, President of Lasertel. Source: solidstatelighting.net

Source: http://www.solidstatelighting.net/news/?date=2012-04-24
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Veeco Invests in R&D Facility in Seoul and Lasertel Inc. Buys Veeco MBE System
Topics: Lighting