MOVCD manufacturer's third quarter revenue begins to grow

On November 29th, according to Taiwan media reports, Aixtron and Veeco are now ranked 1st and 2nd in the global market for Metal Organic Chemical Vapor Deposition (MOCVD) equipment for LEDs. Its total occupancy rate is about 90%. In 2009, due to Samsung Electronics' LCD-backlit LED TV sales and global lighting manufacturers' LED lighting, the global LED factory has been expanding since the second quarter of 2009, driving the demand for MOCVD equipment.

In this context, Aixtron and Veeco LED equipment related businesses, in addition to the second quarter of 2009, stepped out of the bottom of the revenue, in the third quarter of 2009 to grow to a single quarter revenue peak since 2009. Observing the Aixtron and Veeco LED equipment related orders, the third quarter of 2009 has significantly increased, representing its LED equipment-related business accounted for the proportion of revenue, is expected to maintain a high level or further increase.

In 2009, Aixtron's LED equipment-related business accounted for approximately 80% of its overall revenue growth in the third quarter. For the fourth quarter, revenue and growth momentum, its total revenue and profit in 2009 have a record high. In contrast, although Veeco's LED equipment-related business has been profitable since 2006, its share of total revenue is less than 50%. Therefore, in 2009, except for the total revenue, it will not be easy to get rid of losses. Only the loss rate is expected to improve compared with 2008, and the proportion of LED equipment-related business revenue will gradually increase, which will help turn losses into profits.

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Application/Usage: 

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