Veeco Instruments Inc. designs, manufactures and markets thin film equipment aligned with global megatrends. The Company’s equipment is sold to make electronic devices including light emitting diodes (LEDs), flexible organic LED (OLED) displays, hard-disk drives, solar cells, power semiconductors and wireless components. The Company has two segments, LED and Solar and Data Storage. The LED and Solar segment includes metal organic chemical vapor deposition (MOCVD), molecular beam epitaxy (MBE) and atomic layer deposition (ALD) technology. It’s MOCVD and MBE systems and components enable the manufacture of LEDs. Its ALD technology is used by the manufacturers of OLED displays. The Data Storage segment designs and manufactures systems used to create thin film magnetic heads that read and write data on hard disk drives. These include ion beam etch, ion beam deposition, diamond-like carbon, physical vapor deposition, chemical vapor deposition, and slicing, dicing and lapping systems.