United States applied materials plans to develop MOCVD to reduce LED costs

Applied materials (AppliedMaterials) LED manufacturing technology research project to improve, by improving production equipment, improve manufacturing technology, especially the development of MOCVD, reduce the production cost of 40% goals.

The project plans to invest $8 million 719 thousand, among them, the California Energy Commission and the U.S. Department of energy awarded $500 thousand and $3 million 994 thousand in assistance funds, the project is expected to be completed by the end of July 2012.