Trade Resources Industry Views San'an Optoelectronics Ordered 50 MOVCD Sets Worth Us$134 Million From Veeco

San'an Optoelectronics Ordered 50 MOVCD Sets Worth Us$134 Million From Veeco

China-based LED epitaxial wafer and chip maker San'an Optoelectronics has ordered 50 MOCVD sets worth US$134 million from US-based Veeco Instruments, with the equipment to be delivered during December 2014-August 2015, according to the company.

San'an also ordered 50 MOCVD sets worth US$130 million from Germany-based Aixtron SE in September 2014.

Local governments in China have cut subsidies for procuring a MOCVD set from CNY10 million (US$1.62 million) originally to CNY5 million and selected main LED makers for subsidization. China-based makers are expected to add more than 170 MOCVD sets in 2015.

According to LEDinside, China-based makers' combined global market share for LED chip production value will rise from 27% in 2013 to 36% in 2014.

Source: http://www.digitimes.com/news/a20141215PD208.html
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China-Based San'an Optoelectronics to Procure 50 MOCVD Sets From Veeco
Topics: Lighting