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Global Semiconductor IDM Qualifies Veeco Wet Processing Platform for Two New Applications in Advanced Packaging

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Veeco Instruments (NASDAQ: VECO) has achieved a significant milestone as a global Semiconductor IDM has qualified their WaferStorm® and WaferEtch® platform for two new advanced packaging applications. The customer has already placed initial orders in Q1.

The selection was based on three key advantages:

  • Best-in-class process performance
  • Unique processing capabilities
  • Lower cost of ownership compared to competitors

This qualification represents important market expansion opportunities for Veeco's wet processing technology. The company specializes in manufacturing semiconductor process equipment, including laser annealing, ion beam, single wafer etch & clean, lithography, and MOCVD technologies. These solutions play a crucial role in fabricating and packaging advanced semiconductor devices.

Veeco Instruments (NASDAQ: VECO) ha raggiunto un traguardo importante: un IDM globale nel settore dei semiconduttori ha qualificato la loro piattaforma WaferStorm® e WaferEtch® per due nuove applicazioni di packaging avanzato. Il cliente ha già effettuato ordini iniziali nel primo trimestre.

La scelta si è basata su tre vantaggi chiave:

  • Prestazioni di processo di livello superiore
  • Capacità di lavorazione uniche
  • Costo di proprietà inferiore rispetto ai concorrenti

Questa qualificazione rappresenta importanti opportunità di espansione del mercato per la tecnologia di lavorazione wet di Veeco. L’azienda è specializzata nella produzione di apparecchiature per processi nei semiconduttori, tra cui annealing laser, fascio di ioni, incisione e pulizia di wafer singoli, litografia e tecnologie MOCVD. Queste soluzioni sono fondamentali per la fabbricazione e il packaging di dispositivi semiconduttori avanzati.

Veeco Instruments (NASDAQ: VECO) ha alcanzado un hito significativo: un IDM global de semiconductores ha calificado su plataforma WaferStorm® y WaferEtch® para dos nuevas aplicaciones avanzadas de empaquetado. El cliente ya ha realizado pedidos iniciales en el primer trimestre.

La selección se basó en tres ventajas clave:

  • Rendimiento de proceso de primera clase
  • Capacidades de procesamiento únicas
  • Menor costo de propiedad en comparación con los competidores

Esta calificación representa importantes oportunidades de expansión de mercado para la tecnología de procesamiento húmedo de Veeco. La empresa se especializa en la fabricación de equipos para procesos de semiconductores, incluyendo recocido láser, haz de iones, grabado y limpieza de obleas individuales, litografía y tecnologías MOCVD. Estas soluciones son cruciales para la fabricación y empaquetado de dispositivos semiconductores avanzados.

Veeco Instruments (NASDAQ: VECO)는 글로벌 반도체 IDM이 자사의 WaferStorm® 및 WaferEtch® 플랫폼을 두 가지 새로운 첨단 패키징 응용 분야에 적합하다고 인증받으며 중요한 이정표를 달성했습니다. 고객은 1분기에 초기 주문을 이미 진행했습니다.

선정은 세 가지 주요 장점에 기반했습니다:

  • 최고 수준의 공정 성능
  • 독특한 처리 능력
  • 경쟁사 대비 낮은 소유 비용

이번 인증은 Veeco의 습식 처리 기술에 대한 중요한 시장 확장 기회를 의미합니다. 이 회사는 레이저 어닐링, 이온 빔, 단일 웨이퍼 에칭 및 클린, 리소그래피, MOCVD 기술 등 반도체 공정 장비 제조를 전문으로 하며, 이 솔루션들은 첨단 반도체 장치의 제조와 패키징에 중요한 역할을 합니다.

Veeco Instruments (NASDAQ : VECO) a franchi une étape importante : un IDM mondial du secteur des semi-conducteurs a qualifié leur plateforme WaferStorm® et WaferEtch® pour deux nouvelles applications d'emballage avancé. Le client a déjà passé des commandes initiales au premier trimestre.

La sélection s’est appuyée sur trois avantages clés :

  • Performance de processus de premier ordre
  • Capacités de traitement uniques
  • Coût de possession inférieur par rapport aux concurrents

Cette qualification représente d’importantes opportunités d’expansion de marché pour la technologie de traitement humide de Veeco. L’entreprise est spécialisée dans la fabrication d’équipements pour les procédés semi-conducteurs, notamment le recuit laser, le faisceau d’ions, la gravure et le nettoyage de wafers individuels, la lithographie et les technologies MOCVD. Ces solutions jouent un rôle crucial dans la fabrication et l’emballage de dispositifs semi-conducteurs avancés.

Veeco Instruments (NASDAQ: VECO) hat einen bedeutenden Meilenstein erreicht: Ein globaler Halbleiter-IDM hat ihre WaferStorm®- und WaferEtch®-Plattform für zwei neue fortschrittliche Verpackungsanwendungen qualifiziert. Der Kunde hat bereits im ersten Quartal erste Bestellungen aufgegeben.

Die Auswahl basierte auf drei wesentlichen Vorteilen:

  • Prozessleistung der Spitzenklasse
  • Einzigartige Verarbeitungskapazitäten
  • Niedrigere Gesamtbetriebskosten im Vergleich zu Wettbewerbern

Diese Qualifikation eröffnet wichtige Marktchancen für Veecos Nassprozess-Technologie. Das Unternehmen ist spezialisiert auf die Herstellung von Halbleiterprozessanlagen, darunter Laser-Annealing, Ionenstrahl, Einzelwafer-Ätzen und -Reinigung, Lithografie und MOCVD-Technologien. Diese Lösungen sind entscheidend für die Herstellung und Verpackung fortschrittlicher Halbleiterbauelemente.

Positive
  • Qualification of WaferStorm and WaferEtch platform for two new applications in Advanced Packaging
  • Secured initial orders in Q1 2025 from global Semiconductor IDM
  • Platform demonstrates best-in-class process performance and lower cost of ownership
  • Expansion of Served Available Market (SAM) opportunities with potential for additional customers
Negative
  • None.

Insights

Veeco lands significant qualification win in advanced packaging, expanding market opportunities and validating their wet processing technology.

The qualification of Veeco's WaferStorm® and WaferEtch® platforms by a global semiconductor IDM marks a significant technological validation in the competitive advanced packaging space. Advanced packaging technologies have become increasingly critical as traditional Moore's Law scaling faces physical limitations, driving demand for sophisticated integration solutions post-chip fabrication.

What's particularly notable is that the customer selected Veeco based on three decisive factors: best-in-class process performance, unique processing capabilities, and lower cost of ownership compared to competing platforms. This trifecta of advantages is precisely what semiconductor manufacturers prioritize when selecting equipment suppliers.

The qualification for two new applications is strategically significant, as it demonstrates Veeco's technical versatility within advanced packaging workflows. The company's explicit mention that these applications represent "key Served Available Market expansion opportunities" with other leading customers suggests this qualification could serve as a reference architecture for multiple semiconductor manufacturers, potentially creating a multiplier effect for Veeco's market penetration.

From a competitive standpoint, establishing a foothold in advanced packaging processes positions Veeco in a high-growth segment where manufacturing complexity continues to increase, creating natural barriers to entry for less capable equipment providers.

Veeco secures new customer orders for advanced packaging applications, expanding addressable market with potential follow-on business.

This announcement represents tangible commercial progress for Veeco, with its wet processing technology now qualified for new applications by a global semiconductor IDM. The initial orders placed in Q1 indicate immediate revenue generation rather than just a technical milestone, though the specific order value wasn't disclosed.

The strategic significance lies in Veeco's market expansion. By qualifying for new applications in advanced packaging, Veeco broadens its addressable market within both existing and potential customers. The company specifically emphasizes these qualifications represent "key Served Available Market expansion opportunities" with "other leading customers," suggesting this win could catalyze additional business development through reference selling.

Advanced packaging represents a high-growth segment within semiconductor manufacturing, as increasingly complex chip designs require sophisticated integration solutions. By establishing qualified platforms in this space, Veeco positions itself to capture market share in this expanding sector.

The cost of ownership advantage mentioned is particularly important for equipment providers, as it typically translates to recurring business through the semiconductor capacity expansion cycle. Once qualified, equipment platforms tend to be sticky through subsequent technology nodes, creating potential for long-term revenue streams if Veeco can maintain its technological edge.

PLAINVIEW, N.Y., April 29, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced a global Semiconductor IDM qualified Veeco’s WaferStorm® and WaferEtch® platform for two new applications in Advanced Packaging. The customer also placed initial orders for these systems during the first quarter.

Veeco’s systems were chosen based on their best-in-class process performance, unique processing capabilities, and low cost of ownership advantages compared to other platforms. Both applications represent key Served Available Market expansion opportunities for Veeco’s WaferStorm® and WaferEtch® platform at other leading customers.

“Qualification of our platform was based on our best-in-class wet processing technology,” commented Adrian Devasahayam, Ph.D., Veeco’s Senior Vice President, Product Line Management. “Veeco has worked collaboratively with our customers for a number of years to enable high-performance and cost-effective solutions for their roadmaps. This win is a great example of the growing use cases for our wet processing technology for new applications critical to our Served Available Market expansion strategy.”

About Veeco
Veeco (NASDAQ: VECO) is an innovative manufacturer of semiconductor process equipment. Our laser annealing, ion beam, single wafer etch & clean, lithography, and metal organic chemical vapor deposition (MOCVD) 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’s systems and service offerings, visit www.veeco.com.

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's Discussion and Analysis sections of Veeco's Annual Report on Form 10-K for the year ended December 31, 2024 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.

Veeco Contacts:
Investors: Anthony Pappone | (516) 500-8798 | apappone@veeco.com
Media: Javier Banos | (516) 673-7328 | jbanos@veeco.com


FAQ

What new applications did Veeco (VECO) qualify for in semiconductor advanced packaging?

In Q1 2025, Veeco's WaferStorm and WaferEtch platform was qualified by a global Semiconductor IDM for two new advanced packaging applications, leading to initial system orders.

Why did customers choose Veeco's WaferStorm platform over competitors?

Customers selected Veeco's systems due to their best-in-class process performance, unique processing capabilities, and lower cost of ownership compared to other platforms.

How does the 2025 qualification expand Veeco's market opportunities?

The qualification represents key Served Available Market expansion opportunities for Veeco's WaferStorm and WaferEtch platform, potentially leading to adoption by other leading customers.

What semiconductor technologies does Veeco (VECO) specialize in?

Veeco specializes in laser annealing, ion beam, single wafer etch & clean, lithography, and metal organic chemical vapor deposition (MOCVD) technologies for semiconductor device fabrication and packaging.

What is Veeco's competitive advantage in wet processing technology?

Veeco offers best-in-class wet processing technology and collaborates with customers to develop high-performance, cost-effective solutions for their semiconductor manufacturing roadmaps.
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