Arima Optoelectronics, an LED manufacturer in Taiwan, purchased several Metal Organic Chemical Vapor Deposition (MOCVD) Systems last quarter according to a press release this morning. The two companies have worked together in the past and this expands their relationship. No word on the financials of this deal.
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Marco Kuo, President of Arima Optoelectronics, said, “We have selected Veeco’s MOCVD systems because of our experience with their production-proven reliability and high productivity, which results in higher capital efficiency. Most of the systems will be installed in Shanxi Province, Northern China, where we have entered into an agreement with the local government to form a new joint venture company to manufacture LEDs for backlight applications.”