GTAT expects Asian customers to launch sapphire projects one after another

[High-tech LED News] Recently, the United States GT Advanced Technologies (hereinafter referred to as "GTAT") made some investments in meeting the needs of the LED industry, and said that currently, revenue from the Asian market accounts for 98% of GTAT revenue sources, of which large Most of the share comes from China. In the coming months, GTAT expects other major customers in Asia to launch sapphire production projects.

GTAT said that since its inception in 2003, more than 3,100 silicon ingot growth furnaces have been installed around the world, with a market share of over 70%. These devices are used to produce sapphire crystal rods for photovoltaic equipment and sapphire gaskets for LED lighting equipment.

Cheryl Diuguid, GTAT's global vice president and general manager of the sapphire equipment and materials business unit, said recently that it focuses on complementarity in its business strategy. When the PV market declines, the LED business can be a supplement, and when the LED market declines, there is also a supplement to the PV business. At the same time, it also emphasizes the research and development of the LED industry.

In addition, Cheryl Diuguid also said that LED lighting must be used to achieve energy saving. Therefore, the involvement of the sapphire industry is definitely a good business opportunity, and it is believed that five to ten years can see very obvious effects.

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