San’an and Aixtron Agree to Reduce Volume of MOCVD Equipment Order

German MOCVD equipment maker Aixtron SE and Chinese LED producer San’an Optoelectronics have agreed to reduce San’an’s AIX R6 MOCVD system order. The reduction will be from the 50 that San’an first ordered to the three MOCVD systems that have already been delivered.  Despite both parties’ efforts, San’an said it did not achieve its specific qualification requirements. San’an and Aixtron agreed to continue their existing partnership. The companies also agreed to cooperate on future system generations and systems for other applications.

Aixtron said it will continue marketing and further develop the AIX R6 Showerhead technology, and it will now focus on existing customers that have already achieved or are in the process of achieving system qualification. Aixtron said that because of its strategy of diversifying the product portfolio has borne fruit in the first nine months of 2015, the company’s EBITDA break-even target in the second half of 2015 remains the same. Aixtron expects to generate about the same level of revenues in 2016 as in 2015.  Aixtron intends to publish its 2015 results as planned on February 23, 2016.