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Crystal Optoelectronics Secretary Kong Wenjun said that the company's LED sapphire substrate plans to expand production by about 30, which is due to increased market demand. She said that the company's current sapphire PSS production capacity is about 150,000 pieces / year, and plans to expand production capacity to 200,000 pieces / year before the end of the year.
Kong Wenjun said that in the sapphire substrate products produced by the company, the production capacity of the 4-inch sapphire substrate is relatively small, and the company is considering a substantial increase in this part of the production capacity.
She said that due to the expansion of market demand, the company's LED sapphire substrate and blue glass products have achieved sales growth, resulting in a significant increase in the company's performance.
The investor relations record shows that the company's first quarterly report is expected to achieve 30-60 growth in the first half of the year. In 2013, the company's business goal is to achieve 30-60 growth in 2014. Kong Wenjun said that the above-mentioned goals have not changed, and ultimately whether it can be achieved depends on various factors such as changes in market conditions and team efforts, and there is certain uncertainty.
According to the "Investor Relations Activity Record Form" disclosed by Crystal Optoelectronics, the market demand for LED sapphire substrate products is strong, and the demand for products is in short supply. The company is expanding its production according to market demand and is looking for market opportunities for sapphire products for mobile phones. The company revealed that the company's current sapphire materials are mainly sourced from abroad and are trying to develop domestic suppliers. The price of sapphire rose slightly in the first half of the year, but it has been basically stable recently.