DGAP-News: AIXTRON SE / Key word(s): Strategic Company Decision/Legal
Matter
AIXTRON: Further growth in China
30.06.2011 / 08:05
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AIXTRON: Further growth in China
Shanghai/PR of China, June 30, 2011 - AIXTRON SE (FSE: AIX; NASDAQ: AIXG),
the world leading supplier of MOCVD equipment for the production of Light
Emitting Diodes (LEDs) announces the opening of its wholly owned Chinese
subsidiary AIXTRON China Ltd. as the next step towards the company's plans
for further expansion in China. The new entity replaces the representative
office and operates out of expanded facilities in Shanghai. This move is
intended to support AIXTRON's growing base of Chinese customers and makes
it easier to grow by opening other facilities throughout China in the near
future.
'This is the next logical step in terms of our increasing commitment to
support China's aggressive plans to become one of the world's leading
countries in LED production. This also reflects the strong growth in
AIXTRON's MOCVD installed base and our increasingly competitive edge in
this exciting market', says Dr. Christian Geng, AIXTRON Vice President
Greater China. 'It allows us to further enhance our Customer Support, which
will result in reducing operating costs for our customers through
streamlined processes and a broader range of services.'
Going forward, this significant investment will make it possible to supply
customers with spare parts and service support even faster and more
efficiently on a local basis. AIXTRON intends to continue expanding with
further investments in China later this year.
'We are deeply impressed by China's commitment to introduce efficient
lighting with LEDs and taking a leading role', says Dr. Bernd Schulte,
AIXTRON's Executive Vice President and Chief Operating Officer. 'We are
fully supportive of our increasing customer base and the government
agencies involved.'
AIXTRON's recent growth in China has meant that the number of employees in
AIXTRON's Chinese operation has tripled in the last two years and will
continue to grow throughout the year. 'We set high standards for our staff
- it is not without good reason that AIXTRON's service teams are considered
to be the most experienced in this field', comments Dr. Geng.
AIXTRON supplies key technologies for innovative and energy-efficient
applications. The company has proven MOCVD expertise in relation to carbon
nanotubes, silicon, silicon carbide and organic semiconductors. The new R&D
center, which opened last summer on the site of the German headquarters, is
driving the development of the next generation of deposition systems for
the materials of the future. The company underlined its international focus
by converting into a European company (SE - Societas Europaea) at the end
of 2010.
For further information on AIXTRON (FSE: AIXA, ISIN DE000A0WMPJ6; NASDAQ:
AIXG, ISIN US0096061041) please consult our website at: www.aixtron.com.
Contact:
Guido Pickert
Investor Relations and Corporate Communications
AIXTRON SE, Kaiserstr. 98, 52134 Herzogenrath, Germany
Phone: +49 241 8909 444, Fax: +49 241 8909 445, invest@aixtron.com
www.aixtron.com
Forward-Looking Statements
This document may contain forward-looking statements regarding the
business, results of operations, financial condition and earnings outlook
of AIXTRON within the meaning of the safe harbor provisions of the US
Private Securities Litigation Reform Act of 1995. These statements may be
identified by words such as 'may', 'will', 'expect', 'anticipate',
'contemplate', 'intend', 'plan', 'believe', 'continue' and 'estimate' and
variations of such words or similar expressions. These forward-looking
statements are based on our current views and assumptions and are subject
to risks and uncertainties. You should not place undue reliance on these
forward-looking statements. Actual results and trends may differ materially
from those reflected in our forward-looking statements. This could result
from a variety of factors, such as actual customer orders received by
AIXTRON, the level of demand for deposition technology in the market, the
timing of final acceptance of products by customers, the condition of
financial markets and access to financing for AIXTRON, general conditions
in the market for deposition plants and macroeconomic conditions,
cancellations, rescheduling or delays in product shipments, production
capacity constraints, extended sales and qualification cycles, difficulties
in the production process, the general development in the semi-conductor
industry, increased competition, fluctuations in exchange rates,
availability of public funding, fluctuations and/or changes in interest
rates, delays in developing and marketing new products, a deterioration of
the general economic situation and any other factors discussed in any
reports or other announcements field by AIXTRON with the U.S. Securities
and Exchange Commission. Any forward-looking statements contained in this
document are based on current expectations and projections of the executive
board and on information currently available to it and are made as at the
date hereof. AIXTRON undertakes no obligation to revise or update any
forward-looking statements as a result of new information, future events or
otherwise, unless expressly required to do so by law.
End of Corporate News
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Language: English
Company: AIXTRON SE
Kaiserstr. 98
52134 Herzogenrath
Deutschland
Phone: +49 (241) 8909-444
Fax: +49 (241) 8909-445
E-mail: invest@aixtron.com
Internet: www.aixtron.com
ISIN: DE000A0WMPJ6, US0096061041
WKN: A0WMPJ
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart;
Terminbörse EUREX
End of News DGAP News-Service
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130255 30.06.2011
DGAP-News: AIXTRON: Further growth in China
| Source: EQS Group AG