{"id":390073,"date":"2020-11-30T17:48:03","date_gmt":"2020-11-30T22:48:03","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=390073"},"modified":"2020-11-30T17:48:03","modified_gmt":"2020-11-30T22:48:03","slug":"global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\/","title":{"rendered":"Global Semiconductor Company Selects Veeco MOCVD Platform for GaN-Based Power Electronic and 5G RF Devices"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">PLAINVIEW, N.Y., Nov.  30, 2020  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fwXOOwH5LMD01VHmdmpffUgPMZmFjHh0HSNI7-00W7-Gu9LtjbDqWlU-8SryZ_HQ4D0CBPZO5LI9_nU8MNFaBg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Veeco Instruments Inc<\/a>. (NASDAQ: VECO) today announced that Transphorm, Inc. (OTCQB:TGAN), a global supplier of gallium nitride (GaN) products for high voltage power conversion applications, has selected Veeco\u2019s <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=YMynJd7yLbrgPJF6VFKGEvnpep5qDYRLq8vuyeJtziMd-HV7YtnwU-3fjSw4_FHW600fwlPJ_leX7Pltqbouwq4hHKsn--TaEsJPLrGKnq2jU3jhC8qwgvwuAhsy4WUQPjG28LTTm9ayfH32KbyL1HCLpW32w9nEdAvy5vcrDbODFy_TkW8uby853wwl9pVw\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Propel\u2122 HVM MOCVD System<\/a> for high-volume production of GaN-based RF (DoD and Commercial\/5G) and power electronics Epiwafers.\u00a0 The Veeco system is an excellent fit for Transphorm\u2019s Epi sales business, and purchased under a US DoD Office of Naval Research (ONR) contract N68335-19-C-0107 from an OUSD (R&amp;E) TAM\/MINSEC program to establish a US based dedicated production source of GaN Epitaxy for high performance RF and millimeter-wave electronics. The system was selected for its capability to deliver cutting-edge process at high-throughput and the lowest cost per wafer compared to other MOCVD systems.\u00a0\u00a0<\/p>\n<p align=\"justify\">\u201cBeing at the forefront of GaN-based power and 5G devices that offer efficiency and high-power density, requires world-class manufacturing solutions that are capable of scaling to mass production while offering flexibility to continuously innovate,\u201d said Umesh Mishra, Ph.D., chief technology officer and co-founder of Transphorm. \u201cVeeco\u2019s Propel HVM system is uniquely qualified to do that.\u00a0 The multi-reactor, single-wafer technology provides flexibility and exceptional throughput at a low cost of ownership.\u201d<\/p>\n<p align=\"justify\">The Propel system is designed on the foundation of Veeco\u2019s decades of compound semiconductor materials science leadership. The system is a key enabler for today\u2019s demanding GaN applications critical for next-generation communications infrastructure and highly efficient power devices. The Propel system\u2019s single-wafer reactor platform enables the processing of six- and eight-inch wafers or two- to four-inch wafers in a mini-batch mode. It accelerates production ramping due to faster recipe capabilities up to 50% quicker than when using traditional batch tools. In addition to Veeco\u2019s proprietary TurboDisc\u00ae technology, the system also includes Veeco\u2019s IsoFlange\u2122 and SymmHeat\u2122 technologies, which provide homogeneous laminar flow and uniform temperature profile across the entire wafer delivering world-class uniformity and repeatability.<\/p>\n<p align=\"justify\">\u201cWe are proud to have our MOCVD technology selected by a pioneer and recognized world leader in the GaN revolution,\u201d commented Ajit Paranjpe, Ph.D., Veeco\u2019s chief technology officer. \u201cTransphorm\u2019s decision to adopt our high-volume MOCVD technology is proof of the system\u2019s uniformity, throughput, repeatability and cost of ownership advantages over batch technology.\u00a0 We appreciate the collaboration with Dr. Lee McCarthy, Dr. Umesh Mishra and Dr. Primit Parikh at Transphorm during their technology evaluation which ultimately led to their valued selection of the Propel HVM platform.\u201d<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em><br \/>\n            <u>About Veeco <\/u><br \/>\n          <\/em><br \/>\n        <\/strong><br \/>\n        <br \/>Veeco (NASDAQ: VECO) is an innovative manufacturer of semiconductor process equipment. Our proven ion beam, laser annealing, lithography, MOCVD and single wafer etch &amp; 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\u2019s systems and service offerings, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9vuSNYfj801jK1SgGbeXD3BP6yurFEw7lZYUK9Y0gjaWH2aTpvvPA_iJ3P7mZYbYZSs2cVgJTGdcMha7Gus56g==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.veeco.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em><br \/>\n            <u>About Transphorm, Inc.<\/u><br \/>\n          <\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">Transphorm, Inc. (OTCQB:TGAN) global leader in the GaN revolution, designs and manufactures the highest performance, highest reliability high voltage GaN semiconductors for high-voltage power conversion applications. Holding one of the largest Power GaN IP portfolios, Transphorm produces the industry\u2019s first JEDEC and AEC-Q101 qualified GaN FETs. Its vertically integrated device business model allows for innovation at every development stage: design, fabrication, device, and application support. Learn more at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Pzq0oX1mCV5bWcWp6rVbU9jBfdsgGM1YhfKOY_HJXEMkoGzO9dz74Ek5bwNSuzndANYA218lgyQzlkC2wGECfyOrSNsY5IHkzSkRAgCnOiM=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.transphormusa.com<\/a>.<\/p>\n<p>\n        <em>To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management&#8217;s Discussion and Analysis sections of Veeco&#8217;s Annual Report on Form 10-K for the year ended December 31, 2019 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.<\/em>\n      <\/p>\n<table style=\"border-collapse: collapse;width:75%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:25%;width:25%;min-width:25%;vertical-align: top\">\n            <strong>Veeco Contacts<\/strong>\n          <\/td>\n<td style=\"max-width:25%;width:25%;min-width:25%;vertical-align: top\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"max-width:25%;width:25%;min-width:25%;vertical-align: top\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"max-width:25%;width:25%;min-width:25%;vertical-align: top\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">Investors:<\/td>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">Anthony Bencivenga<\/td>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">(516) 252-1438<\/td>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\n            <a href=\"mailto:abencivenga@veeco.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n              <u>abencivenga@veeco.com<\/u><br \/>\n            <\/a>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">Media:<\/td>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">Kevin Long<\/td>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">(516) 714-3978<\/td>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\n            <a href=\"mailto:klong@veeco.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n              <u>klong@veeco.com<\/u><br \/>\n            <\/a>\n          <\/td>\n<\/tr>\n<\/table>\n<p align=\"left\">\n        <strong>Transphorm Contacts<\/strong><br \/>\n        <strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<br \/><\/strong>Investors: Shelton Group: Brett Perry | Leanne Sievers (214) 272-0070 | (949) 224-3874 <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=yBmWoY0lz_lqIRRgTRIV8z0Kzi4pTO2CABfTch9j-U8HtZICa3PsFSvbkdrQUMsRnfe-4F15E1BmhWs6OpyQ68-EktclabEsWaGj3zYqe8VjCyRqf4htLPz1x-OFMHKZ\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">sheltonir@sheltongroup.com<\/a><br \/>Media: Cameron McAulay, CFO, (805)-456-1300 x 140 | <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gx9i2xiNJ0bKzgJIewaqYHIdZXwQnpp-0ZtGar_rNwdlDhYTvbasPMGs6dzRR6R7JRySetzGWJcbefO8XcAA-QtWbAirXsQi4VMr32N8Pol4LUSXfgS8MGln4DX0K2Ud\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cmcaulay@transphormusa.com<\/a>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/p>\n<p>\u00a0<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NDE5MyMzODQ5NDAwIzIwMDY1NTE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/06d284c6-da04-456b-a5d5-0332948caa33\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PLAINVIEW, N.Y., Nov. 30, 2020 (GLOBE NEWSWIRE) &#8212; Veeco Instruments Inc. (NASDAQ: VECO) today announced that Transphorm, Inc. (OTCQB:TGAN), a global supplier of gallium nitride (GaN) products for high voltage power conversion applications, has selected Veeco\u2019s Propel\u2122 HVM MOCVD System for high-volume production of GaN-based RF (DoD and Commercial\/5G) and power electronics Epiwafers.\u00a0 The Veeco system is an excellent fit for Transphorm\u2019s Epi sales business, and purchased under a US DoD Office of Naval Research (ONR) contract N68335-19-C-0107 from an OUSD (R&amp;E) TAM\/MINSEC program to establish a US based dedicated production source of GaN Epitaxy for high performance RF and millimeter-wave electronics. The system was selected for its capability to deliver cutting-edge process at high-throughput and the lowest cost per &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Global Semiconductor Company Selects Veeco MOCVD Platform for GaN-Based Power Electronic and 5G RF Devices&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-390073","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Global Semiconductor Company Selects Veeco MOCVD Platform for GaN-Based Power Electronic and 5G RF Devices - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Semiconductor Company Selects Veeco MOCVD Platform for GaN-Based Power Electronic and 5G RF Devices - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PLAINVIEW, N.Y., Nov. 30, 2020 (GLOBE NEWSWIRE) &#8212; Veeco Instruments Inc. (NASDAQ: VECO) today announced that Transphorm, Inc. (OTCQB:TGAN), a global supplier of gallium nitride (GaN) products for high voltage power conversion applications, has selected Veeco\u2019s Propel\u2122 HVM MOCVD System for high-volume production of GaN-based RF (DoD and Commercial\/5G) and power electronics Epiwafers.\u00a0 The Veeco system is an excellent fit for Transphorm\u2019s Epi sales business, and purchased under a US DoD Office of Naval Research (ONR) contract N68335-19-C-0107 from an OUSD (R&amp;E) TAM\/MINSEC program to establish a US based dedicated production source of GaN Epitaxy for high performance RF and millimeter-wave electronics. The system was selected for its capability to deliver cutting-edge process at high-throughput and the lowest cost per &hellip; Continue reading &quot;Global Semiconductor Company Selects Veeco MOCVD Platform for GaN-Based Power Electronic and 5G RF Devices&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-30T22:48:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NDE5MyMzODQ5NDAwIzIwMDY1NTE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Global Semiconductor Company Selects Veeco MOCVD Platform for GaN-Based Power Electronic and 5G RF Devices\",\"datePublished\":\"2020-11-30T22:48:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\\\/\"},\"wordCount\":730,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5NDE5MyMzODQ5NDAwIzIwMDY1NTE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\\\/\",\"name\":\"Global Semiconductor Company Selects Veeco MOCVD Platform for GaN-Based Power Electronic and 5G RF Devices - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\/","og_locale":"en_US","og_type":"article","og_title":"Global Semiconductor Company Selects Veeco MOCVD Platform for GaN-Based Power Electronic and 5G RF Devices - Market Newsdesk","og_description":"PLAINVIEW, N.Y., Nov. 30, 2020 (GLOBE NEWSWIRE) &#8212; Veeco Instruments Inc. (NASDAQ: VECO) today announced that Transphorm, Inc. (OTCQB:TGAN), a global supplier of gallium nitride (GaN) products for high voltage power conversion applications, has selected Veeco\u2019s Propel\u2122 HVM MOCVD System for high-volume production of GaN-based RF (DoD and Commercial\/5G) and power electronics Epiwafers.\u00a0 The Veeco system is an excellent fit for Transphorm\u2019s Epi sales business, and purchased under a US DoD Office of Naval Research (ONR) contract N68335-19-C-0107 from an OUSD (R&amp;E) TAM\/MINSEC program to establish a US based dedicated production source of GaN Epitaxy for high performance RF and millimeter-wave electronics. The system was selected for its capability to deliver cutting-edge process at high-throughput and the lowest cost per &hellip; Continue reading \"Global Semiconductor Company Selects Veeco MOCVD Platform for GaN-Based Power Electronic and 5G RF Devices\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-30T22:48:03+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NDE5MyMzODQ5NDAwIzIwMDY1NTE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Global Semiconductor Company Selects Veeco MOCVD Platform for GaN-Based Power Electronic and 5G RF Devices","datePublished":"2020-11-30T22:48:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\/"},"wordCount":730,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NDE5MyMzODQ5NDAwIzIwMDY1NTE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/global-semiconductor-company-selects-veeco-mocvd-platform-for-gan-based-power-electronic-and-5g-rf-devices\/","name":"Global Semiconductor Company Selects Veeco MOCVD Platform for GaN-Based Power Electronic and 5G RF Devices - 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