Corporate | 29 September 2005 10:11
Aixtron AG: South-Korean LED Companies select AIXTRON
Corporate-news transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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South-Korean LED Companies select AIXTRON / Thomas Swan MOCVD
Aachen, Germany / Korea, 29th September, 2005 – AIXTRON AG (FSE: AIX; ISIN:
DE0005066203; NASDAQ: AIXG), a leading provider of deposition equipment to the
semiconductor industry, today announced a number of system sales to South
Korea. The systems will be installed to increase the manufacturing capacities
for High Brightness LEDs. Recently, South-Korean LED chip manufacturers have
increased their activities in the market place and have gained market share,
especially for high end products.
One MOCVD system, a repeat order for an AIX 2600G3HT model, will be shipped to
Samsung Electro Mechanics, a company located in Suwon-City (“Samsung City”),
near Seoul. The High Tech company Samsung is one of the world’s most
successful mobile phone manufacturers, that also delivers many sub-assemblies
for mobile phones, such as LED flashlights and keypad LEDs to other companies.
Additionally, an order was placed by the newly established Korea Photonics
Technology Institute (KOPTI), located at the City of Gwangju. The city in the
southern part of the country is embarking upon a “LED Valley” project that
aims to make it one of the most innovative LED production powerhouses in the
world. The “LED Valley” project is part of the second phase of Gwangju’s
ambitious Photonics 2010 plan that aspires to establish the city to be one of
the world’s top 5 photonics clusters by 2010. One ordered system, a Thomas
Swan Close Coupled Showerhead (CCS) reactor (19×2 inch) will be used for the
development and the production of GaN LEDs. The other system ordered, an AIX
2600G3 with a reactor capacity for 18×3 inch wafers, is already the second
AIXTRON system established at KOPTI. It will be utilized for the development
and manufacture of GaAs based UHB-LEDs.
Furthermore, one of the most successful start-up companies in South Korea, LED
wafer and chip supplier EpiValley Co Ltd. (near Seoul) has placed a repeat
order for two more Thomas Swan CCS reactors (each with 19x2inch wafer
capacity) to match their production capacities with current demands. EpiValley
supplies its high quality LED chips and wafers to numerous fast-growing LED
chipmakers in Korea and Taiwan.
About AIXTRON: AIXTRON AG (FSE: AIX, ISIN: DE0005066203; NASDAQ: AIXG, ISIN:
US0096061041) is a leading provider of deposition equipment to the
semiconductor industry. The Company’s technology solutions are used by a
diverse range of customers worldwide to build advanced components for
electronic and opto-electronic applications based on compound, silicon, or
organic semiconductor materials. Such components are used in fiber optic
communication systems, wireless and mobile telephony applications, optical and
electronic storage devices, computing, signaling and lighting, as well as a
range of other leading-edge technologies. AIXTRON AG’s securities are listed
on the Prime Standard market segment of the Frankfurt Stock Exchange and, as
American Depositary Shares (ADS), on NASDAQ, and are included in the TecDAX
index, the NASDAQ Composite Index and the MSCI World Small Cap Index. Founded
in 1983, the Company is headquartered in Aachen, Germany. Additional
information is available on AIXTRON’s website at www.aixtron.com.
Forward-Looking Statements
This news release may contain forward-looking statements about the business,
financial condition, results of operations and earnings outlook of AIXTRON
within the meaning of the “safe harbor” provisions of the United States
Private Securities Litigation Reform Act of 1995. Words such as “may,”
“will,” “expect,” “anticipate,” “contemplate,” “intend,” “plans,” “believe,”
“continue” and “estimate,” and variations of these words and similar
expressions, identify these forward-looking statements. These statements are
not guarantees of future performance, involve certain risks, uncertainties and
assumptions that are difficult to predict, and are based upon assumptions as
to future events that may not prove accurate. Therefore, actual outcomes and
results may differ materially from what is expressed herein. In any forward-
looking statement in which AIXTRON expresses an expectation or belief as to
future results, such expectation or belief is expressed in good faith and
believed to have a reasonable basis, but there can be no assurance that the
statement or expectation or belief will result or be achieved or accomplished.
Actual operating results may differ materially from such forward-looking
statements and are subject to certain risks, including risks arising from:
actual customer orders received by AIXTRON; the extent to which chemical vapor
deposition, or CVD, technology is demanded by the market place; the timing of
final acceptance of products by customers; the financial climate and
accessibility of financing; general conditions in the thin film equipment
market and in the macro-economy; cancellations, rescheduling or delays in
product shipments; manufacturing capacity constraints; lengthy sales and
qualification cycles; difficulties in the production process; changes in
semiconductor industry growth; increased competition; exchange rate
fluctuations; availability of government funding; variability and availability
of interest rates; delays in developing and commercializing new products;
general economic conditions being less favorable than expected; and other
factors. The forward-looking statements contained in this news release are
made as of the date hereof and AIXTRON does not assume any obligation to (and
expressly disclaims any such obligation to) update the reasons why actual
results could differ materially from those projected in the forward-looking
statements. Any reference to the Internet website of AIXTRON is not an
incorporation by reference of such information in this news release, and you
should not interpret such a reference as an incorporation by reference of such
information.
Additional Information
For additional information about factors that could affect our future
financial and operating results, see our filings with the Securities and
Exchange Commission, including the Registration Statement on Form F-4
(Regis.No. 333-122624) filed with the Commission on February 8, 2005 and
available at the Commission’s website at www.sec.gov.
End of announcement (c)DGAP 29.09.2005
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WKN: 506620; ISIN: DE0005066203; Index: TecDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
291011 Sep 05