Sapphire substrate stopped falling, Zhaojing plans to set up 8.4 million US dollars to set up factories in mainland China

The sapphire price finally fell after falling for 9 months. In December, the price of 2 sapphire substrates remained at 7-8 dollars in November, and the price of crystal rods remained at 5 to 6 dollars per millimeter. The sapphire price stopped falling and led the extension plant. Actively pull the stock for stock.

Taiwan's LED upstream sapphire wafer fab, Zhaojing, announced that it will invest 8.4 million US dollars to set up a sapphire fab in the mainland. The new company is tentatively named Xinjing Drilling Optoelectronics, which is close to the Chinese LED market and customers, and rushing to the huge business opportunities in the mainland.

Zhao Jing said that compared with Q3, Taiwan's downstream customers are slowly coming back to pull the goods, but the offer has not rebounded. It is expected that the industry will have a better improvement at the end of Q1 2012.

In addition to the announcement to invest in China to invest in sapphire fabs, Zhaojing will officially launch its new sapphire plant in December 10th after the Lunar New Year.

At present, Zhaojing has a market share of nearly 30% in Taiwan. It is the largest supplier of sapphire substrates in Taiwan. In 2011, it merged with Xinjing Diamond to integrate sapphire crystal technology, substrate process and PSS (graphic sapphire substrate technology capability, and effective Integrate resources, reduce operating costs, expand operating scale and enhance market competitiveness. After the merger, in addition to mastering the most upstream sapphire crystal technology of LED, and having a large customer base.

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