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Veeco Investing $25M in Asian Expansion

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PLAINVIEW, N.Y. & SHENZHEN, China, Oct. 15, 2010 — Veeco Instruments Inc., a maker of equipment used to manufacture LEDs, solar panels and hard disk drives, will significantly expand its presence in Asia to better support the rapid growth of the LED industry there, company CEO John R. Peeler announced this week at the 7th China International Forum for Solid State Lighting. “We see a tremendous opportunity to help our Asian customers to ‘go faster’ to advance brightness and decrease the cost of LEDs,” said Peeler. "As our Asian customers continue to accelerate the pace of adoption of LEDs for consumer electronics...Read full article

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    Published: October 2010
    Glossary
    electronics
    That branch of science involved in the study and utilization of the motion, emissions and behaviors of currents of electrical energy flowing through gases, vacuums, semiconductors and conductors, not to be confused with electrics, which deals primarily with the conduction of large currents of electricity through metals.
    7th China International Forum for Solid State LightingAsia-PacificBusinessChinaConsumerelectronicsenergyindustrialinvestmentJohn PeelerLight SourceslightingMOCVDShanghaiSingaporesolar panelssolid-state lightingVeecoVeeco InstrumentsLEDs

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