[High-tech LED News] Taiwan's LED upstream sapphire substrate factory Zhaojing Chairman Xie Qingfu revealed that he will go to the mainland to set up a sapphire crystal plant and substrate factory, the fastest in 2012 Q1 final.
Xie Qingfu said that the demand for LED-backlit LCD TVs was not as good as expected, and the quotation of sapphire crystal rods and substrates fell sharply. After the revenue of Zhaojing in August fell to the low point of NT$105 million, it rebounded slightly to 1.1 in September and October respectively. 100 million yuan and 113 million yuan, although there is still a gap between the monthly revenue of 2.5 to 280 million yuan in the first half of the year, but there are signs of bottoming out.
At present, although the LED-backlit LCD TV orders are slightly warmer, the price of the 2-inch sapphire substrate is down by US$8 in November. The low price makes the sapphire substrate factory's willingness to ship. The current manufacturers are screening the orders with poor price and profit, which can maintain the operation and reduce the proportion of low-profit products.
In order to expand the scale of the economy, Zhaojing has merged with Xinjing Diamond in July this year. The merger date has been advanced from December 31 to December 10, and will be fully sprinted to the mainland market. The company has preliminary plans.
Xie Qingfu said that the demand for LED-backlit LCD TVs was not as good as expected, and the quotation of sapphire crystal rods and substrates fell sharply. After the revenue of Zhaojing in August fell to the low point of NT$105 million, it rebounded slightly to 1.1 in September and October respectively. 100 million yuan and 113 million yuan, although there is still a gap between the monthly revenue of 2.5 to 280 million yuan in the first half of the year, but there are signs of bottoming out.
At present, although the LED-backlit LCD TV orders are slightly warmer, the price of the 2-inch sapphire substrate is down by US$8 in November. The low price makes the sapphire substrate factory's willingness to ship. The current manufacturers are screening the orders with poor price and profit, which can maintain the operation and reduce the proportion of low-profit products.
In order to expand the scale of the economy, Zhaojing has merged with Xinjing Diamond in July this year. The merger date has been advanced from December 31 to December 10, and will be fully sprinted to the mainland market. The company has preliminary plans.
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