news digest ♦ LEDs
For its third quarter of fiscal 2013 ending March 31st, 2013, Cree now targets incrementally higher revenue and net income. The revenue target has been increased to a range of $335 million to $350 million.
The GAAP gross margin targets remain the same as previously announced with GAAP gross margin targeted to be similar to Q2 . The GAAP gross margin targets include stock-based compensation expense of approximately $2.4 million.
Operating expenses are targeted to be approximately $2 million higher than previously announced, due to higher R&D and marketing costs to support the new product launch. The tax rate target is unchanged at 17 percent for fiscal Q3.
The GAAP net income target has been increased to a range of $18 million to $24 million, or $0.16 to $0.21 per diluted share. The GAAP net income targets are based on an estimated 116.7 million diluted weighted average shares.
Aixtron AIX G5+ wins CS
Manufacturing Award 2013 The compound semiconductor industry commended the firm’s gallium nitride-on-silicon (GaN-on-Si) system. The tool is designed to handle five 200 mm wafers per production run providing high throughput and high yield growth of GaN devices on large area substrates
Aixtron SE has announced that it has been awarded the 2013 Compound Semiconductor Manufacturing Award for its latest development, the AIX G5+ reactor for GaN-on-silicon epi-wafer growth.
The Award recognises key areas of innovation surrounding the chip manufacturing process from research to completed device, focusing on the people, processes and products that drive the industry forward.
Aixtron’s Vice President Europe Frank Schulte.
“GaN-on-silicon technology promises to revolutionise power electronics and slash the cost of LEDs, spurring a lighting revolution,” he commented at the award ceremony in conjunction with the CS Europe exhibition in Frankfurt, Germany. “One manufacturing tool that I am tipping to play a major role in driving both these changes is the Aixtron AIX G5+, a reactor that combines high throughput with impressive levels of uniformity.”
Andreas Toennis, Chief Technology Officer at Aixtron SE, comments, “Delivering results on the leading edge of GaN- on-Si technology, we are very pleased that our achievements are recognised by the compound semiconductor industry through this prestigious prize. The AIX G5+ reactor has been specifically designed to produce GaN based devices on silicon without compromising performance or yield compared to processes on sapphire substrates.”
“GaN-on-Si is a very promising technology for future power electronics applications and high brightness LED manufacturing,” Frank Schulte adds.
The AIX G5+ is designed to handle five 200 mm wafers per production run providing high throughput and high yield growth of GaN devices on large area substrates.
EPIC represents photonics industry at European Commission group
European Photonic Industry Consortium (EPIC) president Drew Nelson will act as technology representative for the Photonics KET High Level Group. The group aims to foster the industrial deployment of European KETs in order to keep pace with main international competitors, restore growth, create jobs and help address today’s major societal challenges
A new group was launched on 27th February to assist the European Commission in the implementation of the strategy to boost the industrial production of KETs based products in Europe.
The global market in Key Enabling Technologies (KET) is forecast to grow from about €650 billion in 2008 to over one trillion euro in 2015. World leading industries in the fields of automotive, communication, aeronautics, defence, health and energy are all intensive users of KETs.
Representing the European photonics industry, EPIC President Drew Nelson, CEO and President of epitaxial wafer supplier IQE, has been appointed as a member of the new High Level Group as technology representative for the Photonics KET.
Frank Schulte, Aixtron (on the right), receives the Award from Richard Stevenson, CS magazine
Editor Richard Stevenson from Compound Semiconductor (CS) magazine presented the award yesterday, March 4th, 2013 to
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www.compoundsemiconductor.net March 2013
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