AIXTRON SE and San'an Optoelectronics agree a substantial reduction in order volume / The existing partnership will be continued with new conditions / AIXTRON continues AIX R6 product develo

AIXTRON SE  / Key word(s): Contract

09.12.2015 20:49

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AIXTRON SE and San'an Optoelectronics agree a substantial reduction in
order volume
The existing partnership will be continued with new conditions
AIXTRON continues AIX R6 product development and qualification

Herzogenrath, Germany, December 09, 2015 - AIXTRON SE (ISIN DE000A0WMPJ6),
one of the world's leading providers of deposition equipment to the
semiconductor industry, has reached an agreement with its Chinese customer
San'an Optoelectronics regarding a substantial reduction in the volume of
AIX R6 MOCVD systems ordered from 50 to the three which have already been
delivered.

Despite the efforts made by both parties, the customer's specific
qualification requirements were not achieved. Both parties agreed to
continue their existing partnership by cooperating on future system
generations as well as on systems for other applications.

AIXTRON will proceed in marketing and the further development of the AIX R6
Showerhead technology. The focus is now on existing customers that have
already achieved or are in the process of achieving qualification.


Impact on revenue and earnings

Based on a broader distribution of revenue for equipment in the silicon
industry, power electronics and other optoelectronic applications, the
company expects to generate full-year revenues of approximately EUR 190
million in 2015. The strategy of diversifying the product portfolio has
borne fruit in the first nine months of 2015. The target of an EBITDA
break-even in the second half of 2015 remains in place.

AIXTRON expects to generate revenues in 2016 of around the same level as
2015.

Results for 2015 will be published as planned on February 23, 2016.
 

Contact:
Guido Pickert
Investor Relations & Corporate Communications      
T: +49 (2407) 9030-444   
F: +49 (2407) 9030-445   
invest@aixtron.com   

For further information on AIXTRON (FSE: AIXA, ISIN DE000A0WMPJ6; NASDAQ:
AIXG, ISIN US0096061041) please consult our website at
http://www.aixtron.com.

Forward-looking statements
This news release may contain forward-looking statements about the
business, financial condition, results of operations and earnings outlook
of AIXTRON within the meaning of the "safe harbor" provisions of the United
States Private Securities Litigation Reform Act of 1995. Words such as
"may", "will", "expect", "anticipate", "contemplate", "intend", "plan",
"believe", "continue" and "estimate", and variations of these words and
similar expressions, identify these forward-looking statements. The
forward-looking statements reflect our current views and assumptions and
are subject to risks and uncertainties. You should not place undue reliance
on the forward-looking statements. The following factors, and others which
are discussed in AIXTRON's public filings and submissions with the U.S.
Securities and Exchange Commission, are among those that may cause actual
and future results and trends to differ materially from our forward-looking
statements: actual customer orders received by AIXTRON; the extent to which
chemical vapor deposition, or CVD, technology is demanded by the market
place; the timing of final acceptance of products by customers; the
financial climate and accessibility of financing; general conditions in the
thin film equipment market and in the macro-economy; cancellations,
rescheduling or delays in product shipments; manufacturing capacity
constraints; lengthy sales and qualification cycles; difficulties in the
production process; changes in semiconductor industry growth; increased
competition; exchange rate fluctuations; availability of government
funding; variability and availability of interest rates; delays in
developing and commercializing new products; general economic conditions
being less favorable than expected; and other factors. The forward-looking
statements contained in this news release are made as of the date hereof
and AIXTRON does not assume any obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, unless required by law.


09.12.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      AIXTRON SE
              Dornkaulstraße 2
              52134 Herzogenrath
              Germany
Phone:        +49 (2407) 9030-0
Fax:          +49 (2407) 9030-40
E-mail:       invest@aixtron.com
Internet:     www.aixtron.com
ISIN:         DE000A0WMPJ6, US0096061041
WKN:          A0WMPJ, A0D82P
Indices:      TecDAX
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart;
              Terminbörse EUREX; Nasdaq
 
End of Announcement                             DGAP News-Service
 
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Our registered trademarks: AIXACT®, AIXTRON®, Atomic Level Solutions®, Close Coupled Showerhead®, CRIUS®, EXP®, EPISON®, Gas Foil Rotation®, Optacap™, OVPD®, Planetary Reactor®, PVPD®, STExS®, Trijet®