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April 9th, 2010
The rising demand for LEDs has equipment suppliers scrambling to increase yields as high-brightness LEDs for solid-state lighting become a commodity industry. Veeco Instruments Inc. (Plainview, N.Y.) has landed a $4 million American Recovery and Reinvestment Act grant to research and develop higher-yielding organic LEDs (OLEDs) that would be 10 times more energy-efficient than incandescent bulbs.
The specific goal of the two-year project, which will be conducted with Sandia National Labs (Albuquerque), will be to reduce the cost of epitaxial growth fourfold for high-brightness LEDs.
The stakes are high, since over the decade every incandescent bulb on the planet is expected to be replaced by LEDs, fueling a $14.9 billion market by 2013.
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