Memorandum of Understanding with Kyungbuk province of Korea

The new reactors will be commissioned by the local AIXTRON support team in a dedicated facility at the Semi Materials led high bay light production plant in Gyeongsan.

Kun Park, CEO of Semi Materials, comments, "Our company has embarked on an exciting new venture to enter the business of developing and manufacturing high-brightness LEDs for general lighting applications. The reactors will form a centrepiece of the new operation which we recently contracted in a US$ 450 million Memorandum of Understanding with Kyungbuk province of Korea."

"AIXTRON has a very strong world-wide reputation for the performance and quality not only of their engineering and processes but also their support service. We know that having AIXTRON at our side will make this major business undertaking a smooth process."Semi Materials was founded in 2000 and has since become a major developer and manufacturer of a wide range of led high bay photovoltaic materials and other products. The company now intends to become a world leader in the manufacture and supply of LED-based lighting materials and components.