Veeco Announces Reduction in ALD Technology Investments
Veeco Announces Reduction in ALD Technology Investments and Guides Third Quarter 2016 Revenue to High End of Guidance Range PLAINVIEW, NY–(Marketwired – October 05, 2016) – Significantly reducing future investments in Atomic Layer Deposition (“ALD”) technology development ALD cost reductions expected to result in annualized savings of approximately $10 million Expecting to record pre-tax charges of between $56 and $62 million in Q3 2016, the vast majority of which…