Veeco to invest in Korea’s LED industry

Veeco Instruments Inc. recently participated in an investment signing ceremony at the 2012 Korea Investment Forum in New York City to commemorate the Company’s substantial investment in a new R&D facility in Seoul, Korea to advance high brightness light emitting diode (LED) technology.

The Investment Forum event, jointly sponsored by the Korea Trade-Investment Promotion Agency (KOTRA) and the Korea Ministry of Knowledge Economy (MKE), brought together government officials, investors, industry experts and business leaders from South Korea and the United States to celebrate and promote investment in South Korea by U.S.-based companies. 

KOTRA (Korea Trade-Investment Promotion Agency) is Korea’s national economic development agency and is committed to promoting collaborative business relationships between the United States and Korea. InvestKOREA is a division of KOTRA and is responsible for attraction of foreign direct investment.

From left to right, Ki-won Han, Commissioner, InvestKOREA; Jin-Hyun Han, Deputy Minister, Korea Ministry of Knowledge Economy; and John P. Kiernan, Senior Vice President, Finance, Corporate Controller and Treasurer, Veeco Instruments Inc., after a signing ceremony recognizing Veeco’s investment in a new Development Center devoted to accelerating the MOCVD technology used to make LED lights.

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