November 29, 2021

CHICAGO PIXELS

SEMICONDUCTOR RESEARCH CENTER

Veeco’s Q1 revenue up 27.9% year-on-year to $133.7m

For first-quarter 2021, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $133.7m, down 3.7% on $138.9m last quarter but up 27.9% on $104.5m a year ago (and near the top end of the $115-135m guidance range), driven by the Semiconductor and Data Storage segments. Of Veeco’s end-2020 order backlog of $366m (which was $100m up on end-2019), most was in the Data Storage segment, followed by Semiconductor, then Compound Semiconductor, and lastly Scientific & Other…