Taipei, Wednesday, May 4, 2016 12:21 (GMT+8)
thunderstorms
Taipei
28°C
Digitimes Research: STC to expand sapphire ingot capacity
Jessie Lin, DIGITIMES Research, Taipei [Tuesday 1 October 2013]

With more and more smartphones and other portable devices adopting sapphire as cover glass, sapphire ingot vendor Sapphire Technology Company (STC) is looking to double its production capacity to meet the anticipated growth in demand, according to Digitimes Research.

STC plans to invest a total of KRW20 billion (US$18.65 million) to double the current capacity of 1.37 million mm a month, said Digitimes Research. After the capacity expansion, STC's share of the global sapphire ingot market is expected to reach 30% from 10% in 2012, Digitimes Research indicated.

STC's sapphire ingots have already been adopted by Apple for camera lenses and home button for the iPhones, and by Samsung Electronics and LG for LED sapphire substrates and handset-use camera lens cover, Digitimes Research noted. STC stands a good chance of grabbing more orders from these existing customers, Digitimes Research said.

In addition, STC has enjoyed growth in its production utilization rates and rising sapphire ingot prices. STC is expected to utilize more than 80% of its production capacity in the fourth quarter, while the average selling price (ASP) for 2-inch sapphire ingots is set to exceed US$4, Digitimes Research pointed out.

Digitimes Research forecasts that STC's revenues will top KRW41.5 billion in the second half of 2013, up from KRW13.7 billion in the first half of the year and KRW22.1 billion in second-half 2012.

This article is an excerpt from a Digitimes Research Special Report (STC to expand sapphire ingot capacity). Visit our latest Special reports.

Realtime news
  • Several China vendors launch 2-in-1s, gaming notebooks via Intel support

    Before Going to Press | May 3, 20:47

  • Danen Technology sees increased April revenues

    Before Going to Press | May 3, 20:46

  • Digitimes Research: Global notebook shipments to grow 9.7% sequentially in 2Q16

    Before Going to Press | May 3, 20:45

  • Global tablet shipments in 1Q16 estimated at 39.6 million units, says IDC

    Before Going to Press | May 3, 20:44

  • HMI to see strong rebound in 2Q16, says report

    Before Going to Press | May 3, 20:43

  • Edison Opto suffers net loss per share of NT$0.26 for 1Q16

    Before Going to Press | May 3, 20:43

  • Advantech nets NT$2.08 per share for 1Q16

    Before Going to Press | May 3, 20:42

  • Gintech Energy posts 1Q16 net EPS of NT$1.16

    Before Going to Press | May 3, 20:42

  • Acer steps into digital signage via cooperation with AOpen

    Before Going to Press | May 3, 20:41

  • TSMC to withdraw form Motech board of directors

    Before Going to Press | May 3, 20:41

  • GlobalWafers nets NT$0.78 per share for 1Q16

    Before Going to Press | May 3, 20:40

  • Quanta Computer denies reported layoffs

    Before Going to Press | May 3, 20:39

  • Global Ultra HD TV panel shipments in 1Q16 hike 77%, says Sigmaintell

    Before Going to Press | May 3, 20:38

  • China market: Xiaomi to launch new smartphones with in-house developed APs

    Before Going to Press | May 3, 20:38

  • Asustek Computer leads gaming notebook sales

    Before Going to Press | May 3, 20:37

  • Apacer 1Q16 EPS hits 5-quarter high

    Before Going to Press | May 3, 20:36

  • China market: More white-box handset makers to phase out of market

    Before Going to Press | May 3, 20:35

  • Adata 1Q16 profits soar

    Before Going to Press | May 3, 20:32

Pause
 | 
View more
Innodisk Corporation
Wireless broadband developments in Southeast Asia markets
Analysis of China revised domestic semiconductor industry goals
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.