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Stock impact report

PlayNitride Selects Veeco’s Lumina MOCVD System for MicroLED Production Supporting Next Generation Applications

Veeco Instruments Inc. (VECO) 
Last veeco instruments inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.veeco.com/home/default.aspx
Company Research Source: GlobeNewswire
PLAINVIEW, N.Y., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced that PlayNitride, an industry leader in MicroLED technology, has qualified Veeco’s Lumina® MOCVD system for production of next-generation MicroLEDs, and also placed an order for two systems for delivery in 2025. PlayNitride’s decision followed a successful evaluation of Veeco’s Lumina® MOCVD system. “We’re pleased to partner with Veeco for production and commercialization of our industry-leading MicroLED technology for wearables, TVs, transparent displays and automotive,” stated Dr. Charles Li, CEO & Chairman at PlayNitride. “The Lumina system is uniquely positioned to exceed market requirements by providing best-in-class performance and productivity advantages, each essential in advancing our technology and cost roadmap.” “Qualification of our Lumina system by PlayNitride, a leading-edge provider of MicroLED technology, is an exciting win for our best-in-class MOCVD technology Show less Read more
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