VECO Veeco Instruments Inc.

Veeco Ships First Laser Annealing System From New San Jose Manufacturing Facility Designed to Serve the Semiconductor Market

Veeco Ships First Laser Annealing System From New San Jose Manufacturing Facility Designed to Serve the Semiconductor Market

PLAINVIEW, N.Y., Nov. 22, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced they have shipped the first LSA101 Laser Spike Annealing System from their new San Jose, California facility to a leading semiconductor manufacturer. Veeco’s new, SEMI-compliant facility serves as the company’s center of excellence for the development and production of laser annealing and advanced packaging lithography systems for semiconductor applications.

“We are extremely proud to be shipping our first LSA system from our state-of-the-art facility in the heart of Silicon Valley,” commented Bill Miller, Veeco’s Chief Executive Officer. “Aligned with the company’s growth strategy, this new manufacturing space enables Veeco to serve the world’s leading semiconductor chip providers with increased capacity and world-class lab space. We look forward to showcasing this flagship location to our laser annealing and advanced packaging lithography customers for years to come. Thank you to the Veeco team that worked diligently on an accelerated timeline to enable this exciting milestone in Veeco’s history.”

Veeco’s new facility features approximately 70,000 square-feet of manufacturing and engineering lab space and 30,000 square-feet of office space. Manufacturing space will be nearly double that of Veeco’s previous San Jose facility and will improve manufacturing efficiency. The new facility is specifically designed to meet growing demand for Veeco’s laser annealing and advanced packaging lithography technologies.

Advanced device scaling requires higher temperature for dopant activation with shorter time at temperature to avoid dopant diffusion. Veeco’s patented deliver the highest temperatures in the microsecond time scale. The unique nature of the LSA platform enables our customers to anneal complex patterns with high temperature uniformity and precision, which is highly desired in advanced device processing.

About Veeco

Veeco (NASDAQ: VECO) is an innovative manufacturer of semiconductor process equipment. Our proven ion beam, laser annealing, lithography, MOCVD and single wafer etch & clean technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. With equipment designed to optimize performance, yield and cost of ownership, Veeco holds leading technology positions in the markets we serve. To learn more about Veeco’s systems and service offerings, visit .

Veeco Contacts   
 Investors:Anthony Bencivenga (516) 252-1438  
 Media:Kevin Long (516) 714-3978

Forward-looking Statements

This press release contains “forward-looking statements”, within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, as amended, that are based on management’s expectations, estimates, projections and assumptions. Words such as “expects,” “anticipates,” “plans,” “believes,” “scheduled,” “estimates” and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements include, but are not limited to, those regarding anticipated growth and trends in our businesses and markets, industry outlooks and demand drivers, our investment and growth strategies, our development of new products and technologies, our business outlook for current and future periods, the impact of the COVID-19 pandemic, our ongoing transformation initiative and the effects thereof on our operations and financial results; and other statements that are not historical facts. These statements and their underlying assumptions are subject to risks and uncertainties and are not guarantees of future performance. Factors that could cause actual results to differ materially from those expressed or implied by such statements include, without limitation: the level of demand for our products; global economic and industry conditions; the effects of regional or global health epidemics, including the effects of the COVID-19 pandemic on the Company’s operations and on those of our customers and suppliers; global trade issues, including the ongoing trade disputes between the U.S. and China, and changes in trade and export license policies; our dependency on third-party suppliers and outsourcing partners; the timing of customer orders; our ability to develop, deliver and support new products and technologies; our ability to expand our current markets, increase market share and develop new markets; the concentrated nature of our customer base; our ability to obtain and protect intellectual property rights in key technologies; our ability to achieve the objectives of operational and strategic initiatives and attract, motivate and retain key employees; the variability of results among products and end-markets, and our ability to accurately forecast future results, market conditions, and customer requirements; the impact of our indebtedness, including our convertible senior notes and our capped call transactions; and other risks and uncertainties described in our SEC filings on Forms 10-K, 10-Q and 8-K, and from time-to-time in our other SEC reports. All forward-looking statements speak only to management’s expectations, estimates, projections and assumptions as of the date of this press release or, in the case of any document referenced herein or incorporated by reference, the date of that document. The Company does not undertake any obligation to update or publicly revise any forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

A photo accompanying this announcement is available at



EN
22/11/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Veeco Instruments Inc.

 PRESS RELEASE

Top Tier Semiconductor Supplier Qualifies Veeco’s Wet Processing Syste...

Top Tier Semiconductor Supplier Qualifies Veeco’s Wet Processing System For Next Generation High Bandwidth Memory Applications PLAINVIEW, N.Y., Jan. 25, 2022 (GLOBE NEWSWIRE) -- . (NASDAQ: VECO) today announced that a world leading semiconductor supplier has qualified Veeco’s for advanced packaging applications that will support next generation high bandwidth memory (HBM). The customer also operates Veeco’s AP300 Lithography Systems for advanced packaging production used to meet demand for 5G system-on-a-chip, graphic processors (GPUs) and high-performance computing applications. “This...

 PRESS RELEASE

Veeco Announces Date for Fourth Quarter and Year-End 2021 Financial Re...

Veeco Announces Date for Fourth Quarter and Year-End 2021 Financial Results and Conference Call PLAINVIEW, N.Y., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its fourth quarter and full year 2021 financial results after the market closes on Wednesday, February 16, 2022. The company will host a conference call to review these results starting at 5:00pm ET that day. To join the call, dial 1-888-220-8451 (toll free) or 1-646-828-8193 and use passcode 9212833. Participants may also access a live webcast of the call by visiting the investor relation...

Ross LaDuke ... (+2)
  • Ross LaDuke
  • Dave Nicoski

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

 PRESS RELEASE

Veeco Announces Upcoming Investor Event

Veeco Announces Upcoming Investor Event PLAINVIEW, N.Y., Jan. 05, 2022 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced that management is scheduled to present at the 24th Annual Needham Virtual Growth Conference at 11:30 AM ET on Tuesday, January 11, 2022. The presentation will be broadcast live and can be accessed on the investor relations section of Veeco's website at . A webcast replay will be made available on the website for a minimum of two weeks following the original date. Veeco management will also be available to meet one-on-one with investors during t...

Ross LaDuke ... (+2)
  • Ross LaDuke
  • Dave Nicoski

Vermilion Compass: Weekly Equity Strategy

Continued Absence Of Breakdowns Is A Positive Sign The market continues to send mixed signals (some neutral or healthy signals but some risk-off signals as well), but as long as the Russell 2000 index (IWM) is above $208, the Russell Micro Caps index (IWC) is above $134-$135, and the S&P 500 is above 4495, we cannot be bearish. As long as prices are above the aforementioned levels we expect more consolidation and mixed markets, but breakdowns would mean additional downside ahead. Risk-Off Sign...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch