Veeco Instruments Inc - Company Profile
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Business Description
Veeco Instruments Inc (Veeco) designs, manufactures, and markets advanced semiconductor process equipment. The company’s product portfolio includes ion beam, metal organic chemical vapor deposition (MOCVD), laser annealing, advanced packaging lithography, molecular beam epitaxy (MBE), single wafer wet processing, and atomic layer deposition (ALD) technologies systems. These technologies are integral to the fabrication of key devices that are enabling the 4th industrial revolution of all things connected, including AI chips, high-performance computing, mobile devices, and 5G networks.
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R&D Overview
Veeco has undertaken several R&D initiatives focused on next-generation technologies, including the development of nanosecond annealing technology for advanced logic and memory devices, and the evaluation of Ion Beam Deposition (IBD) systems for advanced memory applications like DRAM bitline. The company has also introduced the NSA500 tool, a next-generation system for the nanosecond annealing regime, complementing its existing Laser Spike Annealing (LSA) products. Veeco's R&D units are located in San Jose, California; Plainview, New York; Horsham, Pennsylvania; Somerset, New Jersey; St. Paul, Minnesota; and Waltham, Massachusetts. These units are responsible for conducting the company's R&D activities, aligning technology and product roadmaps with customer requirements, and ensuring innovations meet market demands. The company has six R&D centers and holds approximately 350 patents. In FY2025, the company incurred expenses of US$119.6 million on R&D, which as a percentage of revenue, stood at 18%.
Other Break-up
Overview
Includes product categories such as Power Electronics, Photonics, RF Filters and Amplifiers, and Solar power applications. It serves industries like automotive, wireless charging, telecom, and solar power. It uses technologies such as Gallium Nitride (GaN) MOCVD and Arsenides/Phosphides (As/P) MOCVD.
Performance
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Overview
Offers Hard Disk Drives (HDD) market, serving industries that require mass storage solutions, such as data centers. It provides systems for manufacturing magnetic heads for hard disk drives.
Performance
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Overview
Offers advanced materials and device research, including quantum computing and manufacturing applications like optical devices. It serves industries involved in lasers, mirrors, optical filters, and anti-reflective coatings. Its technologies include Ion Beam Sputtering, MBE, and ALD.
Performance
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Overview
Provides process steps in logic and memory applications, serving industries like AI, high-performance computing, and consumer electronics. It includes product categories such as laser annealing, ion beam deposition, and advanced packaging lithography. The segment also includes Veeco's Laser Annealing and Ion Beam Deposition technologies.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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