News Article
$21m Loss Brings Further Cost Cuts At Veeco
LED system revenues drop dramatically, but increases in utilization and requests for quotes give cause for hope.
Deposition system maker Veeco will shut down production and reduce its employees salaries in response to what it calls “extremely weak business conditions".

CS International to return to Brussels – bigger and better than ever!
The leading global compound semiconductor conference and exhibition will once again bring together key players from across the value chain for two-days of strategic technical sessions, dynamic talks and unrivalled networking opportunities.
Join us face-to-face between 28th – 29th June 2022
- View the agenda.
- 3 for the price of 1. Register your place and gain complementary access to TWO FURTHER industry leading conferences: PIC International and SSI International.
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*90% of exhibition space has gone - book your booth before it’s too late!