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Technology Stocks : Aixtron AIXG now listed on the NASDAQ after GGNS merger
AIXG 3.0600.0%Jul 18 5:00 PM EST

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From: The Ox4/29/2010 6:41:38 PM
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LED Epiwafer Producing Joint Venture Partners from Mainland China and Taiwan Place Large Order for Aixtron MOCVD Tool
LIGHTimes News Staff
April 27, 2010...In a sign of the growing cooperation between mainland China and Taiwan, Formosa Epitaxy (FOREPI) of Taiwan is taking part in a joint venture with Jiang Su Can Yang of mainland China for the production of ultra high brightness LEDs. Jiang Su Can Yang reportedly placed a large order for more more Planetary and Showerhead HB-GaN LED MOCVD tools from Aixtron in the fourth quarter of 2009. The Planetary Reactor systems were ordered in a 11x4 inch configuration, and the Close Coupled Showerhead tools were put in a 31x2 inch configuration for the order that will be delivered between the second and the fourth quarter of 2010. Aixtron indicated that its local support team will commission the new reactors at the new FOREPI purpose-built facility in Jiang Su province, PR China.

Dr. Frank Chien, CEO FOREPI commented, “We have aggressive plans for our joint venture in Jiang Su province, PR China with a total of fifty systems to be in place within the next three years. The excellent performance we have received from our existing Planetary and Showerhead systems from Aixtron at FOREPI in Taiwan have translated directly into high quality product performance, yield, and cost of ownership. Specifically, the new reactors in this latest order are destined not only for a new facility but also a new application research topic. Therefore, as these plans unfold the new joint venture in China will allow us to be very close to many of our customers increasing production capacity and to meet their future needs in new device technology. Working in partnership with Aixtron support team we can bring these tools onstream quickly ramping up HB GaN LED epiwafer production in response to strong local market demand.”
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