Aixtron purpose of this thread


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1173 Postings, 3802 Tage baggo-mhAixtron purpose of this thread

 
  
    #1
12
10.01.20 16:19

For the time being this forum is closed to keep users that do not contribute essential news around the stock, the market opportunity or messages related to it out.

Please be friendly to eachother and keep political discussions out.

Thank you
 laugthingcool baggo-mh

 
585 Postings ausgeblendet.
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798 Postings, 1163 Tage CWL1Old News 2

 
  
    #587
1
01.08.20 15:07
Subsequently, in 2019 Aixtron "commissioned" a Gen 2 to Samsung (we assumed).  Cannot find the press release on Aixtron web site however.  I believe Charles in the CC tried to clarify that Samsung shared the R&D expenses of this unit.  So it had no top-line effects but bottom-line effects on Aixtron's income statements.  Felix in the CC mistakenly stated that it added to the top-line revenue.
------------------------------------------------
Aixtron commissioned a test 2-Gen OVPD OLED deposition system
Aixtron announced that it has commissioned a 2-Gen OVPD OLED system on a customer pilot production line. In the coming month the facility will deliver test results for the customer. Aixtron expects to receive an order from its OLED customer for a large-scale test system as part of its ongoing qualification process for OVPD technology.

Aixtron says that is OVPD deposition technology (developed originally by Universal Display, and licensed exclusively to Aixtron) offers several unique advantages over competing systems and it can enable the highest deposition rates, provide an efficient material utilization while minimizing the risk of degradation of organic material. In 2017 Aixtron spun-off its OLED business unit to a new subsidiary called APEVA.

In 2017 Aixtron also announced that it received a purchase order from a major Asian OLED display manufacturer for an OVPD OLED deposition system to be installed at the customer site within the second half of 2017.

In March 2016 Aixtron said that it has reached an important milestone with its new OVPD demonstrator OLAD (Organic Large Area Demonstrator) - after an internal test phase lasting several months and producing excellent results in some cases, the system is now available for initial customer tests.

In October 2014 we interviewed Aixtron's biz-dev director who explains the company's OLED technology and business.

https://www.oled-info.com/...d-test-2-gen-ovpd-oled-deposition-system  

798 Postings, 1163 Tage CWL1Moving forward, don't see sign of stopping

 
  
    #588
01.08.20 15:26
From the CC:

Malte Schaumann, Warburg Research
Yes, good. Then, on the OLED project. Are you still prepared to make a decision this
year, if in the case an order will not follow up or do you see any kind of postponement
in the project that might lead to the delay in the sudden taking?

Dr. Felix Grawert
So, we are now about to complete the Gen2 project. As we wrote in our report, we
have achieved a couple of specs. We are working with our customer on achieving
additional ones and closing the specification list and based on that finishing the project.
With that, we are now starting discussions with our customer on a follow-on project,
which once again will be an R&D type development project, however, scaling up to a
larger display size. So, in the first one, on the Gen2 project, we've generally proven
the feasibility of the OVPD technology. And the next stage, which is then to come in
2021, is about proving that this can also work at large scale substrates that would be
the next step towards production qualification of our technology. We are now starting
these discussions. They could conclude by the end of the year or move on early into
next year. The outcome largely depends of the technical discussions. With a project of
such breakthrough novelty, the scope of follow-on discussions is not limited to
commercial discussions, price negotiations and signing a P.O. Instead, in this case
there are a lot of technical discussions about the specifications to achieve, and the fit
into the customers’ production strategy and its manufacturing lines. Only when those
technical details are sorted out, we can expect to close the deal. Those discussions are
now starting.
-------------------

Since Felix emphasized that it would be a larger R&D system and later he said in the CC of 2021-2022 time frame, I do not think it could be for the QD-OLED TV which is moving into volume production in Q2-21 according to the Korean press.  Would Samsung switch  to OVPD system in the middle of QD-OLED TV production?  It is not out of the question but I doubt it.  

798 Postings, 1163 Tage CWL1Just to clarify

 
  
    #589
01.08.20 15:36
Apologies.  I should not have said that Felix was mistaken in stating that it had revenue, only that was in previous years:

Jürgen Wagner, MainFirst
First, a follow-up on your OLED answer, you mentioned that the Gen2 project is now
about to conclude all the discussions, all the development. How much revenue will you
book for that, this year? And then you also mentioned that your portfolio will be
upgraded or completed, the upgrade will be completed soon, what could be the impact
on gross margin and OpEx leaving OLED aside in '21?

Dr. Felix Grawert
So let me take your first question on the OLED topic. In the moment when we are
completing the project, this will not lead to a jump in revenues or sudden one time
effects. We have booked revenue already while completing the project. So there's not
going to be a one-time effect out of it.

Jürgen Wagner, MainFirst
So, you have been recognizing sales already this year. Is that right?

Dr. Felix Grawert
Earlier in the project.

Jürgen Wagner, MainFirst
And how much was that?

Charles Russell
n fact the revenue from the system was booked in an earlier year. What we've been
doing is a joint development program, which is a joint expense between us and our
customer. So there was no revenue booked so far in 2020 for the Gen2 system as it
has been taken in prior years, when the system was physically shipped to the
customer.
Jürgen Wagner, M  

3766 Postings, 2597 Tage dlg....

 
  
    #590
2
02.08.20 14:09
Crocky, rosskata, erst mal vielen Dank für Eure interessante Diskussion in sehr vernünftigem Stil. Ich muss auch zugeben, dass das OLED-Thema das für mich am schwierigsten zu durchdringende Thema ist, das am meisten Fragezeichen/Zweifel aufwirft.

Grundsätzlich vertraue ich dem Management, zumal keiner näher an dem Thema dran ist als diese Experten. Also welchen Grund sollte es geben, dass die seit Jahren ordentliche zweistellige Mio-Beträge rausblasen wenn sie nicht vom Potenzial überzeugt wären? Vor einer Kapitalmarkt-Reaktion müssten die mE wenig Angst haben – das OLED Projekt ist doch kaum im Kurs eingepreist und eine Beeindigung könnte sogar positiv gesehen werden. Das Management hat eine sechsstellige Anzahl an Aktien/Optionen und deren Gehalt hängt an der operativen Performance des Unternehmens. Auch von dieser Seite keine Begründung für ein sinnloses Festhalten an dem Projekt wenn es nicht lukrativ werden könnte.

Crocky, zu Deiner impliziten Aussagen, dass die letzten Jahre hier keine Fortschritte erzielt wurden, nachfolgend ein schneller Überblick über die Halbjahre 2015-20 (Auftragsbestand // Liquide Mittel):
1H16: 86 // 161
1H17: 93 // 197
1H18: 138 // 235
1H19: 110 // 259
1H20: 157 // 289

Klar, das sind Momentaufnahmen zum Halbjahr (sieht man ja auch an ähnlichen Umsätzen 2018-20), aber eine Tendenz kann man daraus mE auf jeden Fall herauslesen, sprich: Aixtron macht in der Tat Fortschritte. Und das bereits bevor die „inflection points“ bei SiC/mini-&microLED da sind und das world-facing sensing zu einer Erholung im 3D sensing führen könnte.


******

@CWL, thanks for your comments on the OLED project and your investment approach – looks like we do have a similar strategy with a mid-to long-term view combined with some short-term opportunistic trades.

I have some follow-up questions on the OLED project - obvioulsy we use you in this forum as „sounding board“ for Aixtron’s potential OLED strategy and I hope this is ok for you (if not, pls just ignore this post).

But may I kindly ask for your view on what Aixtron announced on 23 July? Was that a disappointment for you personally or in line with your expectation and in line with the management communication to shareholders in your view?


Just to facilitate the discussion, a short recap of past management comments:

In Feb 2019, Aixtron provided a guidance of 260-290 for calendar year 2019 which according to Aixtron included a possible OLED order in the magnitude of a „low tens of millions“ (25-35 million?)

In Oct 2019, Aixtron specified the guidance stating that they expect the „follow up OLED order no longer in the financial year 2019“. In the CC and when approached by sceptical analysts, Aixtron management promised that the OLED project will NOT be a never ending story and that there will be a decision by 30 June 2020, one or the other way.

In July 2020, Aixtron mentions „next stage (…) is then to come in 2021“ and „discussions (…) could conclude by the end of the year. They can move on early into next year.“ Again, no OLED revenues to be booked in the fiscal year.


Thus, while I can understand a Covid-related postponement of a few weeks, I cannot fully understand how a 25-35 million revenue expectation for 2019 can transform into a „discussions continue in 2021“ type of thing despite the indicated make or break decision by June 2020. Isn’t that a huge deviation from previous communication/expectations?

So what do I miss here? Are these 2020/21 discussions a proof for „make“ in the make or break decision, i.e. Aixtron has probably been successful and the discussion are about the pricing of the GenX follow-on order? Or is the transformation from a 2019 revenue into 2021 discussion a demonstration that this is indeed a never ending story? Has there been a shift in the cooperation with Samsung, i.e. from (revenues booked at Aixtron every 3rd year + full R&D cost with Aixtron) in (no revenues, but R&D burden shared with Samsung)?


What I am also lacking is any kind of revenue potential from this OLED project for Aixtron in terms of magnitude & timing. E.g. kind of „30 million in 2021 and potential for 50-100 million in 2023“. This would at least allow us to judge whether all the efforts (R&D cost) might be worth it from a shareholder perspective.


Any educated guesses from your end are highly appreciated, CWL! Many thanks in advance!  

3766 Postings, 2597 Tage dlg....

 
  
    #591
02.08.20 14:13
@Crocky, sorry überlesen. Zur Frage, warum Aixtron keinen Betrag mehr nennt: also zum ersten haben die immer nur Beträge oder Bandbreiten genannt wenn man von den Analysten gefragt wurde. Das hat dieses mal doch keiner gemacht, oder? (mit Ausnahme des Missverständnisses). Zweitens kann man ja auch nur über Beträge reden wenn man auch Umsätze erwartet – aber mein Verständnis (s.o.) ist ja, dass es in 2020 keine OLED-Umsätze gibt, also gibt es auch nichts, was die an konkreten Summen hätten sagen können.  

798 Postings, 1163 Tage CWL1dlg

 
  
    #592
4
02.08.20 16:24
Fundamentally only Samsung knows.  Internally in Samsung there could be many voices where Samsung's future display technologies should head to.  Indecision by Samsung is at the root of the delay which frustrates everyone.  The investment is huge and risk is extremely high, and the technologies of the future displays are at their infancy.  Aixtron is at the mercy of Samsung.  Aixtron has no control of the timeline and Samsung's decision process whatsoever.

The decisions are made by the Samsung senior engineers in particular the R&D's.  I have said this before, Samsung needs to provide the specs in placing an order, and Aixtron will build the machines exactly according to the specs., nothing more and nothing less.  Over the last one or two years, the Samsung engineers jobs are to define what the specs need to be.  They did not have experience with  OVPD either.  Now they know, and they are in the process of finalizing and providing the specs to Aixtron.   With the specs, Aixtron could tell Samsung how much and how long. This would take months.  

This is what Felix said:
"With a project of such breakthrough novelty, the scope of follow-on discussions is not limited to
commercial discussions, price negotiations and signing a PO Instead, in this case
there are a lot of technical discussions about the specifications to achieve, and the fit
into the customers' production strategy and its manufacturing lines. Only when those
technical details are sorted out, we can expect to close the deal. Those discussions are
now starting."

It is every interesting that even now Aixtron is not sure about the order would be Gen 6 or Gen 8+.  The OVPD shower head should not be difficult in scaling up to larger substrates, so it should not be the bottleneck in technical difficulties.  However, the degree of difficulty of FMM/substrate alignment including the temperature distribution scales with the sizes rapidity.  What do I know?

So be patient and be happy.  We can simply click the mouse on our stocks and the pain which comes from greed and fear  goes away pretty quickly.  The engineers however have the real problems to solve that take years.  The reward could be tremendous, so should I stay or should I go?  

1339 Postings, 4966 Tage rosskataCWL, do you think it might

 
  
    #593
03.08.20 08:22
be possible that in SD there are voices weighing the possibility of skipping OLED investments beyond QD-OLED (which OVPD might being qaulified for) in favor maybe of uLED?
Looking at the pace how uLED technology is advancing to me it  seems not entirely impoasible that uLED will mature before a second big OLED investment will pay off for SD. Even for the mid size TV  displays  

798 Postings, 1163 Tage CWL1rosskata

 
  
    #594
2
03.08.20 13:30
I think OLED and micro LED can co-exist for quite some time. Samsung Display  has a dominant position on small and mid size OLED screens based on VTE + FMM.  It would defend OLED fiercely.  I have doubts micro LED could ever be cheap enough to challenge OLED.  

3766 Postings, 2597 Tage dlg....

 
  
    #595
1
03.08.20 14:42
A big thank you, CWL! Lots of interesting thoughts and aspects which help to better understand the potential situation around Samsung/OVPD – I just hope that Aixtron does not allow to get pushed around too much by Samsung. At some point, Aixtron needs to take a stand and say „we have a responsibility towards our shareholders and need to get a (final) decision or some other form of compensation“. If the latter were in form of cash payments, R&D take-over and/or cash investments into Apeva, I wouldn’t care :-).

Agree that getting rid of the ‚OVPD headache‘ is easy by just selling the shares, but I rather follow your „patient and be happy“ approach. However, the investment case for Aixtron has four cornerstones in my view with i) mini-/microLED, ii) SiC, iii) 3D Sensing and iv) OVPD. We don’t know when iii) returns and iv) seems to be a loss-making never-ending story and I fear that just based on i) and ii), it is difficult to expect any significant higher share price level in the short-term.

********

Am Rande: das HB nennt Aixtron heute morgen noch mal als möglichen „fast entry“ Kandidaten für den MDAX im Rennen mit Talanx - sollte Wirecard diese Woche herausfliegen. Wäre natürlich eine schöne Nachricht, gerade weil es – im Gegensatz zu anderen Indexänderungen – noch einen gewissen Überraschungsmoment mit sich brächte.

Zur Erinnerung, gegen Ende Juni sah es zwischen den beiden wie folgt aus (MK/Umsatz/Summe):
Talanx // 75 // 98 // 173
Aixtron // 96 // 79 // 175

Aixtron hat Talanx im Juli um rund 2-3% outperformed, aber das wird kaum einen Einfluss auf die knapp 20 Plätze Unterschied in der MK gehabt haben (schade, dass Fr + heute nicht mehr zählen). Auf der anderen Seite war Aixtrons Handelsumsatz im Juli vllt 50% höher als in den beiden Monaten zuvor, d.h. in der Umsatz-Statistik dürfte Aixtron weitere Plätze gut gemacht haben.

Bin mal gespannt, wie das diese Woche ausgeht, also ob die Dt. Börse sagt „MK ist für uns das wichtigste“ oder ob die Meinung ist, dass das Interesse an möglichst liquiden Werten im zweitgrößten deutschen Aktienindex wichtiger ist. Außerdem würde eine Aufnahme Aixtrons der zunehmenden Wichtigkeit von Tech-Werten reflektieren, was mE auch noch für Aixtron spricht.  

798 Postings, 1163 Tage CWL1dlg

 
  
    #596
03.08.20 15:47
This is an Asian thing.  Samsung expects total loyalty, dedication and sacrifice.  That was how Tokki (VTE) and Dai Nippon Printing (FMM) won the continuous and monopoly businesses from Samsung.  As a German company,  Aixtron might not be used to this type of culture but has never deviated from the position that it is Samsung on;y for OVPD, no Chinese and no LG.  The head of APEVA is a Korean, is he?  He understands.    

3766 Postings, 2597 Tage dlg....

 
  
    #597
03.08.20 16:57
Thanks again, CWL. Let's keep fingers crossed that Aixtron's "loyalty" will really pay off one day.

Btw, Veco will report quarterly results tonight; according to SA, expectation is approx. 98m USD in revenues and 0.07 in EpS. Probably more interesting will be the Q&A in their earnings call.  

798 Postings, 1163 Tage CWL1The battle of next TV

 
  
    #598
2
03.08.20 17:02

http://www.yole.fr/iso_upload/News/2020/...ryUpdate_YOLE_July2020.pdf

"WOLED and QD-OLED are stop-gap technologies. BOE and CSOT are both eager to skip
WOLED and level the playing field by jumping directly to the next generation: inkjet-printed
RGB OLED or EL-QD. CSOT’s US$187 million investment in JOLED gives more credence to
its plans to build G6 and G8.5 RGB OLED fabs by 2023. If successful, this could quickly render
QD-OLED and WOLED fabs mostly obsolete
. Samsung and LG must therefore proceed with
extreme caution on their QD-OLED and WOLED investments while accelerating their own
RGB OLED and EL-QD developments.
"

The message is that if RGB OLED TV's comes out, QD-OLED TV would be dead.  RGB OLED TV can be made by ink-jet printing (JOLED) or vertical VTE (JDI, read posts # 545 and 548).  What RGB-OLED TV technology could SDC develop to defend?  SDC has got rid of Kativa so ink-jet printing cannot be its the high prority. My guess is OVPD+FMM for the next generation TV.  Let Canon Tokki's VTE which SDC has had lots of experience take care the QD-OLED TV.

 

3766 Postings, 2597 Tage dlg....

 
  
    #599
3
04.08.20 09:39
Der Veeco Call hat mE nicht soo viel Neuigkeitswert gehabt mit Ausnahme recht deutlicher Aussagen bezüglich deren China Geschäft. Sieht für mich nach einer klaren Bestätigung der bisherigen Annahme aus, dass Aixtron vom Handelskrieg profitieren könnte. Ob deren ca. 80 Mio USD Umsatz p.a. nun bei Aixtron landen könnten, ist natürlich noch mal eine andere Frage.


China-Geschäft
„China was 18% of overall revenue mainly from MOCVD system and service sales. We are experiencing challenges closing new orders in China due to the current trade restriction environment and have lost several orders that we were anticipating. As a result, in the near-term, we expect revenue from China customers to decrease as a percentage of our overall revenue.“

„What we are seeing, David, is when a Chinese customer has an opportunity to buy non-U.S., we are seeing them exercise that, but where they don't really have alternatives, it seems that they are continuing to buy U.S.“


MOCVD Geschäft
„In compound semiconductor markets, we continue to make investments in our MOCVD product portfolio. Our latest product, the Lumina system, deposits arsenides and phosphides and is based on our TurboDisc technology providing excellent film uniformity, yield, and low defectivity over long campaigns.

The Lumina system is designed for applications such as indium phosphide lasers for datacom and telecom, 3D sensors for facial recognition and world-facing applications, LiDAR for autonomous vehicles, and red LEDs for Micro LED displays. This system is performing well and we have received excellent feedback from our top Tier 1 customer.

Despite this, our near-term visibility remains limited especially in China where the regulatory environment is providing headwinds. Customers are weighing options between buying equipment from U.S. suppliers like Veeco or alternative non-U.S. suppliers when available.“


Margen:
„(…) as the LED and particularly the China commoditized LED business that is no longer a significant part of our business is certainly helping on the product mix and in the gross margin improvement over time.“


Quelle:
https://seekingalpha.com/article/...nings-call-transcript?part=single  

3766 Postings, 2597 Tage dlg....

 
  
    #600
1
04.08.20 14:03
Bei Interesse:

Azur Space Chooses Aixtron System
"The NOW ORDERED fully automated AIX G5 + C system..."
Quelle: https://compoundsemiconductor.net/article/111748/...es_Aixtron_System

Auf der Aixtron/Azur Homepage konnte ich das nicht finden trotz Zitate von beiden Unternehmen.  

22 Postings, 203 Tage joss.beaumont.....

 
  
    #601
04.08.20 14:37

von nebenan:

https://www.it-times.de/news/...on-azur-space-aus-deutschland-136153/

Leider handelt es sich nur um eine Anlage vom Typ AIX G5 + C...... 

regards

Joss

 

3766 Postings, 2597 Tage dlg....

 
  
    #602
3
05.08.20 11:55
Bei Interesse: die neuen Ranglisten der Dt. Börse sind verfügbar und sehen für Aixtron wie folgt aus:

In MDAX included // MarketCap // Turnover // Combined
RTL // 102 // 82 // 182
Duerr // 95 // 88 // 183
Aareal // 104 // 86 // 190
Osram // 92 // 51 // 143

In SDAX included // MarketCap // Turnover // Combined
Ado Prop. // 68 // 102 // 170 (hier hilft die KE)
Talanx // 77 // 99 // 176
Hypoport // 79 // 116 // 195
Shop Apotheke // 84 // 97 // 181
Fielmann // 85 // 103 // 188
Encavis // 89 / 106 // 195
Aixtron // 91 // 80 // 171

MDAX regular entry candidate rank: 90/90
MDAX alternate candidate rank: 95/95

So richtig schlau werde ich daraus nicht, vermute aber mal, dass es ganz hilfreich wäre wenn Aixtron in diesem Monat bei der MK unter den 90er Rank rutscht – dann könnte es etwas mit dem September werden. Ob beim vermutlichene Wirecard Ausschluss Mitte/Ende August nun Talanx, Ado Prop oder Aixtron die besten Chancen haben werden, weiß ich nicht.

Neben Wirecard könnten mögliche Absteiger Osram sein (wenn AMS weiter zukauft), aber auch RTL und Aareal Bank, auch wenn letztere gut gelaufen ist die Woche.

Das schreibt die Dt. Börse dazu:

Regular Entry: A company will be included in the selection index if it has the same or better rank than the ‘candidate rank’ in both the free float market capitalisation and order book volume criteria (e.g. smaller than or equal to rank 30 for the free float market capitalisation criterion and smaller than or equal to rank 30 in the order book volume criterion in the DAX® ranks). The company with the lowest free float market capitalisation that is ranked worse than the ‘alternate candidate rank’ in one of the criteria will be excluded (e.g. greater than 35 in one of the two criteria in the DAX® ranks). Notwithstanding the previous sentences, if no alternate candidate can be determined, no exchange takes place.

In principle, the following applies to all four rules: If there are several companies that fulfil the criteria, the best/worst candidate in terms of free float market capitalisation is included/replaced.

In exceptional cases, for example, takeovers announced at short notice or significant changes in the free float, STOXX Ltd. may deviate from rules 1–4 mentioned above (Discretionary Rule, see Section 1.3).

Quelle: https://www.dax-indices.com/document/Resources/..._Equity_Indices.pdf  

1173 Postings, 3802 Tage baggo-mhMDAX

 
  
    #603
3
05.08.20 21:05

Thanks dlg.

I have done the same analysis and something just struck me when I read your post.

Wirecard will be replaced by Delivery Hero  or  Healtheneers both listed in the MDAX. Wirecard will not be listed in the MDAX (I assume) so the ranking of Aixtron will improve by 1.

New Marketcap ranking based on July numbers will then be 90 and 79 for 12 average Turnover. Has it been decided yet if Wirecard will be kicked out mid August or only on the regular review date in September?

MDAX here we come!

Cheers laugthingcool
baggo-mh

 

3766 Postings, 2597 Tage dlg....

 
  
    #604
1
06.08.20 16:02
Thanks for your feedback, baggo, and welcome back!

Re/ MDAX a couple of comments on your posting:

1) We shouldn‘t overestimate the impact of a potential MDAX inclusion. Duerr & RTL Group just have an index weighting of some 0.4%, i.e. assuming 5/10bn of passive funds tracking the MDAX would result in a 20/40 million Euro demand in Aixtron shares, maybe 2-3 daily trading turnovers. At least that‘s my understanding, happy to hear further thoughts on this.

On ther other hand, I remember during the AMS/Osram takeover that it was said that Osram (MDAX as well) had 10-15% of passive funds as investors. Also recall that Dialog Semi shares got hammered in March when they unexpectedly were kicked out of the MDAX as a result of Brexit. But difficult to judge how much was Covid and how much was due to leaving the MDAX.

2) Wirecard is not listed under the Top 100 in the market cap ranking per August, i.e. if Wirecard is taken out of the DAX, it doesn‘t automatically mean that Aixtron will move up one rank.

3) Understand the safest way for an inclusion in September is if Aixtron shows <90/90 per end of August while one of the MDAX members shows >95/95.

4) Haven't completely understood if Aixtron could also be included if conditions in 3) are not met, but if Aixtron is better than a competitor in both categories. E.g. Aixtron 91/81 and a competitor is 95/85 - does Aixtron get included then?

5) Is there maybe a discretionary decison by Dt. Börse in relation to Osram? AMS holds 71% of Osram and announced that it will continue to buy shares in the market and to aim for a squeeze out by year-end. Dt. Börse might be inclined to remove Osram before having this index zombie for a while (or to avoid a fast exit in 4Q20/1Q21).

6) Wirecard index news only after 13 August it seems: https://boerse.ard.de/aktien/...ung-fuer-index-zugehoerigkeit100.html


Re/ share price performance: in my view the EUR/USD development since May (from 1.08 to 1.19) justifies some 5-10% of the share price decline. In 2019, only 40 out of 260m Euro revenues were recognized in Europe, while most of the cost base should be in Euro. Thus, the 11 'big figures' are a clear negative even if current spot is still below Aixtron's budget rate.  

1339 Postings, 4966 Tage rosskataPlayNitrid erweitert uLED Produktion

 
  
    #605
4
06.08.20 23:25
Ich glaube es stand schon vor einigen Wochen, dass PN die Produktion erweitern will, aber jetzt ist es wohl auch finanziert:
https://www.digitimes.com/news/a20200806PD210.html
Zweite Produktionslinie hoffentlich wieder mit Aixtron Maschienen.  Eigentlich sollte es fast sicher sein.  

1173 Postings, 3802 Tage baggo-mhsorry

 
  
    #606
11.08.20 09:01

@ dlg.: I overlooked the fact that Wirecard was no longer listed under the top 100.

Good points stated under 3.) and 4.)  and the one on the exchange rate.

Regards
laugthingcool baggo-mh

 

1173 Postings, 3802 Tage baggo-mh@CWL1

 
  
    #607
11.08.20 09:43

Hi

in a recent Universal Display CC a lot of questions centered around this paper presented at Display week.

Late-News Paper: Realizing Deep Blue Emission in Blue Phosphorescent Organic Light- Emitting Diodes
Jinwon Sun, Samsung Display, Co., Ltd., Yongin, South Korea

Have you read about it or seen a presentation?

From the Universal CC

On the blue front, we continue to make excellent progress in our ongoing development work for our commercial phosphorescent blue emissive system.

Also at Display Week, Samsung Display presented a paper titled "Realizing deep blue emission in blue phosphorescent organic light emitting diodes," which acknowledged that the experimental blue work was performed using a phosphorescent dopant material provided by Universal Display Corporation.

Shannon Cross -- Cross Research -- Analyst

Okay. And then I'll just throw this out because nobody's asked about blue yet. And Steve, you did discuss it a bit on the call. Just any more thoughts, any incremental thoughts on blue? Or how we should think about development there beyond what you said on the call?

Sidney D. Rosenblatt -- Executive Vice President, Chief Financial Officer, Treasurer, Secretary and Director

Well, in terms of blue, as Steve said, we're making excellent progress. And he did mention that there was a paper presented at SID regarding R&D by Samsung on using blue phosphorescent emitter. So we're excited about the progress that we've made, and we're excited about the paper that was presented at SID.

Jim Ricchiuti -- Needham & Company -- Analyst

Okay. And then just regarding the paper that Samsung gave at the SID conference. Typically, when these papers are given, I would assume, and this is probably not the first, that you guys have some input in papers like this. Is that fair to say?

Sidney D. Rosenblatt -- Executive Vice President, Chief Financial Officer, Treasurer, Secretary and Director

Well, this is a Samsung paper. And what they were doing is looking at phosphorescent blue. And essentially, literally talking about that you need a deep blue phosphorescent emitter to get the best display and the most power-efficient display. And it's an R&D project, and we don't talk specifically about R&D projects with our customers. But this is the first time that anybody has really presented anything like this and acknowledged the fact that it used our blue emissive material.  

Do you think they might test this new material on the OVPD R&D system of Aixtron?
That would explain the unexpected delays.

Regards
laugthingcool baggo-mh

 

798 Postings, 1163 Tage CWL1@baggo

 
  
    #608
11.08.20 13:53
welcome back!  

I listened to the CC too.  I agree that Samsung would be testing the new blue with OVPD.  It is getting late for OVPD to get in the QD-OLED project.  The Korean press has reported that a GEN 8.5 Canon Tokki system was moved in July.  

22 Postings, 203 Tage joss.beaumontdlg,

 
  
    #610
13.08.20 10:08

dann hat IHP Micoelectronics de facto ein Veeco MOCVD-System bestellt. Wäre AIX auch in der Lge gewesen, hier als Lieferant in Erscheinung zum treten?

Wenn ja, warum entscheidet sich eine Firma IHP - mit Sitz in Frankfurt - für ein Veeco System?

Für mich so nicht nachvollziehbar. Anyway. Ein Großteil der AIX-Kunden befindet sich in Asien. Dennoch hat der Vorgang einen nicht sooooo tollen Beigeschmack...

à plus

Joss

 

3766 Postings, 2597 Tage dlg....

 
  
    #611
13.08.20 10:41
Joss, bonjour! Ja, das war auch mein Gedanke, dass so etwas auch von Aixtron vor der Haustür hätte kommen können – aber technisch bin ich zu weit weg um das richtig einschätzen zu können. Ich habe auch mal gelesen, dass zB AMS auf Aixtron setzt, während Osram auf Veeco setzt (vllt ändert deren Merger etwas?).


Die neue MDAX-Zusammensetzung kommt am 19. August nach 22 Uhr:
https://deutsche-boerse.com/dbg-de/media/...AX-Auswahlindizes-2147466


Schaut mal hier…ein gefundenes Fressen für das andere Forum, oder? :-)
https://www.dgap.de/dgap/News/corporate/...-relations/?newsID=1386963  

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