industry news ♦ LEDs
standard silicon wafers, enabling a whole new device category that provides consumers with more efficient electronic devices.
The LED industry has adopted GaN but is relying on small sapphire-based solutions, which have supply and cost constraints. Azzurro offers a platform technology for LED producers to process wafers in standard silicon production facilities with high productivity. When compared to the conventional technology, substantial cost savings can be achieved while maintaining the same performance.
“We are very pleased to be on board and support the company on its growth and international expansion plan,” said Markus Moor, Partner at Emerald Technology Ventures. “Azzurro presents an exciting opportunity to serve two independently fast growing markets with cheaper and better performing products. The proceeds of this financing will allow Azzurro to build out the necessary capacity and economies of scale to supply these growth markets.”
Following this investment, Markus Moor, Partner with Emerald Technology Ventures will join the Supervisory Board of Azzurro Semiconductors.
Azzurro is a rapidly growing semiconductor company. Having pioneered the growth of gallium nitride on silicon substrates using metalorganic vapour phase epitaxy (MOVPE), Azzurro is providing its global customer base with epiwafers for LED and high-voltage applications. Azzurro’s unique capability to grow very thick high quality gallium nitride on large area silicon substrates enables cost breakthroughs for high-brightness LEDs and other GaN-based devices.
Emerald Technology Ventures is a global leader in cleantech venture capital and operates from offices in Zurich, Switzerland and Toronto, Canada. Founded in 2000, Emerald is a pioneer in this rapidly emerging sector and is focused on innovative technologies in energy, advanced materials and water. Since inception, Emerald has managed three venture capital funds and two venture capital portfolio mandates totaling over € 300 million (US$ 440 million). Emerald is currently investing out of its latest fund and is looking for energetic and passionate entrepreneurs with the vision to build world-class clean technology
companies.
SDK and AWI Unite For Specialty Material Gas Production
The two firms have agreed to form a partial alliance in the areas of advanced, innovative, and eco-friendly specialty material gases that can be marketed globally in the production of solar cells, semiconductors and LEDs.
The new company, Showa Denko Air Water Co., Ltd., is scheduled to be established next month in Tokyo. The company, to be capitalized at JPY 100 million, will be owned 51% by SDK and 49% by AWI.
Demand for specialty material gases has steadily been growing, centering on Asian markets, for use in the production of solar cells, semiconductors, LCD panels, and LEDs. Due to increasing needs for high-quality, functional, energy-saving and compact electronic devices, manufacturers of specialty material gases are now required to develop new products and make further capital investments.
Under the circumstances, SDK and AWI have agreed to form a partial alliance in the areas of advanced, innovative, and eco-friendly specialty material gases that can be marketed globally.
SDK and AWI will establish an effective production system at the new manufacturing joint venture and launch a wide variety of new material gases, fully utilizing their proprietary technologies. SDK and AWI will take the products from the joint venture and sell them independently through respective sales channels.
As a first step, the JV will install a 40 t/y hydrogen selenide (H2Se) production facility within the premises of SDK’s Tokuyama Plant in Shunan City, Yamaguchi Prefecture, Japan. H2Se is used for forming light-absorbing films in CIGS (copper indium gallium diselenide) compound- semiconductor-based solar cells. The JV will start producing H2Se at the plant in June 2011. CIGS- type solar cells are expected to be widely used for large-scale photovoltaic power generation because
November/December 2010
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