Germany's government halts Aixtron's sale to China's Grand Chip Investment Fund

In May 2016 we reported that China-based Fujian Grand Chip Investment Fund (FGC) offered to buy Aixtron for €670 million ($750 million). The German production equipment maker agreed to the offer, but now the German government did not approve this deal, citing security concerns.

Aixtron is offering OVPD deposition equipment (developed originally by Universal Display, and licensed exclusively to Aixtron) that, according to the company, offers an optimized and efficient deposition with very short cycle times compared to conventional VTE systems - which should lead to drastically reduced OLED production costs.

Aixtron Recently announced that it's new Gen-8.5 OVPD demonstrator system is now available for initial customer tests.

Posted: Nov 01,2016 by Ron Mertens