News Article
Kyma and Veeco to push LED manufacturing forward
Following Veeco’s grant of $4 million from the US government, the two firms will unite to develop next generation LED manufacturing equipment.
Kyma Technologies, a global supplier of crystalline nitride semiconductor materials, has teamed with Veeco Instruments in a next generation LED manufacturing equipment development project which was recently awarded $4 million in funding from the US Department of Energy.
Kyma President and CEO, Keith Evans, stated, “We very much appreciate the opportunity to work with Veeco on this exciting project to accelerate growth in the LED market. Kyma’s materials product line is designed to enable better energy efficiency and overall performance of LEDs and power electronics, critical requirements for furthering growth in solid state lighting, solar, and several other green technology markets. In order for these materials to be accepted commercially there needs to be an appropriate process equipment infrastructure, which will be furthered by this project.
Veeco, which is one of the world’s leading providers of equipment to make LEDs, is receiving funding for a project targeted at lowering the manufacturing costs and improving the brightness and efficiency of LEDs by utilising novel materials, substrates, and deposition technologies. Kyma Technologies, a leading provider of crystalline nitride semiconductor materials based in Raleigh, North Carolina, will be supplying material and services to Veeco as part of this development project.
US Congressman David Price (4th District of North Carolina) said, “The Veeco and Kyma team’s project is an excellent example of a research investment that ensures our future economic competitiveness. This project and others like it show that the Triangle is again leading the way investing in job creation, furthering our nation’s energy independence, and moving us one step closer to a clean energy economy.”
Evans added, “In addition to thanking Veeco and, through Veeco, the US DOE for their support, we would also like to acknowledge the continuing support and vision of Congressman Price with respect to green technologies in North Carolina and to overall US competitiveness in the high technology arena.”
Kyma is a leading supplier of crystalline GaN and AlN materials for a broad range of high performance nitride semiconductor device applications.
The market for nitride semiconductor devices was $12B in 2010 and is expected to reach $90B over the long term, including $60B in visible lighting applications and $30B in power electronics applications.