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Compound Semiconductors

With display applications, total revenue from polished sapphire products could grow at a 50% CAGR through 2018 and exceed US$5B. Sapphire is now a strategic material for Apple that it will use as an element of differentiation versus Samsung and other competitors. With the Mesa plant, Apple is creating its own supply chain, sheltered from any risk of shortage or price increase. But a second source is needed. “We therefore expect other sapphire makers to increase capacity and join the Apple supply chain in the next few months”, explains Eric Virey, Senior Analyst at Yole Développement.
Eric Virey is the author of the report “Sapphire Applications and Market: From LED to Consumer Electronics”, released by Yole Développement, beginning of March.

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The event will take place on March 18 & 19, 2014 in Frankfurt, Germany. The program is now complete. To discover the program and register, please click here.
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Accretive acquisition provides complementary, differentiated technology for greater access to high growth markets.


Management Conference Call to be Held Friday December 5, 2014

Veeco Instruments Inc. (Nasdaq:VECO) announced that it has acquired privately held Solid State Equipment Holdings LLC (“SSEC”), based in Horsham, Pennsylvania. SSEC is a leading innovator in single wafer wet etch, clean and surface preparation equipment targeting high growth segments in advanced packaging, micro-electro-mechanical systems (MEMS) and compound semiconductor.

SSEC is a highly successful process equipment company that is a great strategic fit with Veeco,” said John R. Peeler, Veeco’s Chairman and Chief Executive Officer. “Their complementary and differentiated ‘soak and spray’ technology delivers single wafer control with the low cost of batch processing. SSEC extends our compound semiconductor and MEMS footprint, and represents a stepping stone to the high-growth advanced packaging market. This is a synergistic transaction that will be immediately accretive and that we expect will drive growth and profitability.”

Demand for higher performance, increased functionality, smaller form factor and lower power consumption in mobile devices, consumer electronics and high performance computing is accelerating advanced packaging technology adoption. Key drivers for this inflection are applications in 3D stacked memory, 3D system-on-chip and MEMS. Increasing shipments in smartphones and wearable electronics with more sophisticated sensing functions further drive growth in the MEMS market. Veeco estimates that its served available markets for advanced packaging, compound semiconductor and MEMS are all growing at double-digit compound annual growth rates.

Herman Itzkowitz, SSEC’s Chief Executive Officer said, “We are excited to join the Veeco team. Veeco is a dynamic market leader in compound semiconductor equipment for LED, power electronics, and wireless devices. Combining resources will enable us to accelerate growth and to pursue market opportunities in advanced packaging and MEMS. In addition, we have significant untapped potential in Asiaand Europe, where Veeco’s impressive sales and service network will provide connectivity to key customers.”

Sourcehttp://www.veeco.com
The sapphire industry recently ended an 18 month period of depressed pricing and achieved US$936 million in revenue for wafer products. Recovery was helped by an increase in LED demand due to growing adoption in general lighting and a resilient LCD backlight market.
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“$141M graphene materials market in 2024 will be driven mainly by transparent conductive electrodes and energy storage applications”, announces Yole Développement. This week Yole Développement releases its new report: Graphene materials for opto & electronic applications.
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Technologies and Devices International, Inc. (TDI), part of the Oxford Instruments Group, announced it has been awarded $600,000 by the Maryland Energy Administration to help industry expedite the broad adoption of energy-efficient LED lighting, and better position Maryland to become a national solid-state lighting materials and equipment manufacturing leader.

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