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Veeco Lights Up with Neo-Neon Order for K465i Tool

The first MOCVD reactor will be used for LED manufacturing, with Neo-Neon planning to expand its LED wafer output seven-fold over the next three years

Veeco Instruments has received an order from Neo-Neon Holdings, a lighting company listed on the Hong Kong exchanges, for its first Veeco TurboDisc K465i Metal Organic Chemical Vapor Deposition (MOCVD) system to support its LED manufacturing capacity ramp at its JiangMen, China factory. Veeco received the order during the recently completed second quarter.

Jurgen Yeh, Chief Technology Officer, commented, "Neo-Neon plans to expand our LED wafer output seven-fold over the next three years. We have decided to include Veeco's K465i MOCVD system in our plans due to its proven high productivity as well as the recent uniformity and repeatability advances that Veeco has achieved. We intend to move quickly to expand our position in the general illumination market, and require supplier partners that can keep pace with our plans."

To fund its expansion, Neo-Neon has recently raised NT$2.06 billion (U.S. $64 million) through a share issuance in Taiwan. Bill Miller, Ph.D., Senior VP and General Manager of Veeco's MOCVD Operations commented, "Neo-Neon is a recognized LED industry leader with a diversified product range and broad customer base. We are therefore gratified to be a part of their capacity expansion plans."

Neo-Neon is a vertically integrated LED lighting manufacturer. Neo-Neon International, founded in Taiwan in 1978, is one of the largest seasonal decorative lighting manufacturers in the world. In 1989 Neo-Neon moved its production to He Shan, Guangdong Province on the Chinese Mainland.

Neo-Neon manufactures its own chips, packages, encapsulates and LED lighting products and is currently ranked in the top six LED companies in the world according to its number of patents, and in the top three in terms of lumens efficacy of its LEDs.
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