BluGlass is now able to use its low temperature Remote Plasma Chemical Vapour Deposition technology to produce n-type gallium nitride (GaN) films with low impurities and good electrical properties equivalent to films grown using the industry standard process ? MOCVD.
"RPCVD has great potential to improve device performance simply by growing a low temperature p-GaN layer which in turn improves the stability of the InGaN layer during fabrication"
"A second potential for RPCVD is the growth of high quality InGaN MQW layers at lower temperatures than MOCVD The RPCVD process could enable Indium rich MQW layers necessary for green LEDs and also for PV devices "
Auszüge aus der obigen PDF Datei u.a. geht es um die Aussichten des LED Market.
Updated Valuation Triggers – BluGlass has now completed two of the key valuation triggers identified in June 2010: the commissioning of the tool and the forming of a strategic partnership with a global player. The two key valuation triggers that may occur in the next 12-18 months are: forming additional strategic partnerships for LED and/or PV device businesses and the proving of commercial material quality and device performance through the SPTS JV. Either of these events will again greatly reduce the risks of BluGlass successfully commercialising the RPCVD technology through equipment and device products and has the potential to significantly increase its market value.
The Joint Venture remains in a position to emerge as a key CVD equipment manufacturer comparable to Aixtron (NASDAQ: AIXG), a pure play CVD company, which has a current market capitalisation of over US$3 billion.
The BluGlass technology has the potential to be a major player in the rapidly growing LED and PV markets globally. The developments announced by the Company in the last three months have significantly increased the likelihood of this potential becoming a reality.
LED Supply Constraints - The LED market is forecast to grow at over 30% per year until 2014 and is served by two equipment suppliers that are struggling to meet the market demand. CPV Technologies Emerging - The CPV market is also forecast to grow very quickly over the next ten years and there is no clear technology winners yet emerging. When proven, the RPCVD technology could be one of the key technologies underpinning both the LED and CPV industry growth.