Taipei, Wednesday, February 22, 2017 05:09 (GMT+8)
scattered showers
Taipei
21°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
  • Testing solution provider Chroma Ate posts 2016 EPS of NT$4.53

    Bits + chips - Stockwatch | 6h 47min ago

  • Xiaomi to likely to unveil in-house developed CPUs at product event on February 28

    Mobile + telecom | 10h 10min ago

  • kbro to upgrade cable Internet to 500Mbps at end of 2017

    Before Going to Press | 7h 46min ago

  • Taiwan market: Xiaomi launches Mi Note 2, Redmi Note 4X

    Before Going to Press | 8h 24min ago

  • Additional PV installation in China in 2017 forecast at 20-30GWp, says CPIA

    Before Going to Press | 8h 25min ago

  • PCB maker Compeq sets 2107 capex budget at NT$4 billion

    Before Going to Press | 8h 33min ago

  • Taiwan makers to ship 1.2 million VR HMD devices in 2017, says MIC

    Before Going to Press | 8h 33min ago

  • India smartphone shipments grow 18% in 2016

    Before Going to Press | 8h 34min ago

  • 3S Silicon Tech debuts on Taiwan emerging stock market

    Before Going to Press | 8h 34min ago

  • Product life of 3D TVs to end in 2017

    Before Going to Press | 9h 23min ago

  • Production of 10.5-, 12.9-inch iPad may be deferred, say Taiwan makers

    Before Going to Press | 9h 37min ago

  • SolidWorks expects double-digit growth in 2017 greater China revenues

    Before Going to Press | 10h 9min ago

  • Smart City Summit & Expo 2017 opens in Taipei

    Before Going to Press | 10h 34min ago

  • Viettel sets up joint venture in Myanmar, says report

    Before Going to Press | 10h 39min ago

  • Sony launches OLED TVs in parallel with LCD TVs, says reports

    Before Going to Press | 10h 57min ago

  • Server DRAM prices to continue growth in 2Q17, says DRAMeXchange

    Before Going to Press | 11h 2min ago

Pause
 | 
View more
Advantest
Global AP demand forecast, 2017-2020
The transition to 4k TV - UHD TV market forecast, 2014-2017
  • 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.