Taipei, Friday, October 20, 2017 15:14 (GMT+8)
cloudy
Taipei
24°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
  • Intel Capital fuels innovation with new US$60 million investments in 15 data-focused startups

    IT + CE | 1min ago

  • Taiwan market: Xiaomi launches new flagship smartphone

    Mobile + telecom | 8min ago

  • TSMC raises IC market forecasts for 2017

    Bits + chips | 22min ago

  • China market: Giga Diamond Materials expanding diamond wire capacity

    Green energy | 59min ago

  • ASML 3Q17 sales exceed guidance on extra EUV deliveries

    Bits + chips | 1h 45min ago

  • Epistar files infringement complaint against All Star Lighting Supplies

    LED | 2h 6min ago

  • Prologium partners with Weltmeister to develop LCB-powered cars

    IT + CE | 2h 44min ago

  • Taiwan attracts foreign direct investment of US$5.2 billion in January-September

    IT + CE | 3h 26min ago

  • White-box smartphone players adopting new innovations to enhance competitiveness

    Displays | 3h 52min ago

  • IC makers maximize 300mm, 200mm wafer capacity, says IC Insights

    Bits + chips | 4h 55min ago

  • Taiwan market: Perobot sets up first Pepper Lab

    IT + CE | 5h 5min ago

  • Asustek, Gigabyte reorganization efforts to bear fruit in 1Q18

    IT + CE | Oct 19, 17:43

  • Leadframe maker SDI resumes production at China plant

    Before Going to Press | Oct 19, 22:04

  • Backend houses expect rising memory demand for servers and datacenters

    Before Going to Press | Oct 19, 22:03

  • UREC seeking partnerships with local silicon wafer suppliers

    Before Going to Press | Oct 19, 22:00

  • Taiwan foundries enjoying rising orders from fabless firms

    Before Going to Press | Oct 19, 21:57

  • White-box notebook makers showcasing ultra-thin and 2-in-1 devices in Hong Kong

    Before Going to Press | Oct 19, 21:53

  • Taiwan analog IC firms to enjoy strong 4Q17

    Before Going to Press | Oct 19, 21:52

Pause
 | 
View more
UMC
China AMOLED panel capacity expansion forecast, 2016-2020
Global notebook shipment forecast, 2017 and beyond
  • China AMOLED panel capacity expansion forecast, 2016-2020

    This Digitimes Research Special Report examines the China AMOLED industry, focusing on the expansion capacity of the makers, the current implementation plans of major smartphone vendors in the market and the technological hurdles faced by the China makers.

  • Global AP demand forecast, 2017-2020

    Digitimes Research expects global AP shipments to surpass the 1.9 billion mark in 2017, with smartphones remaining the main application. Qualcomm will be leading the market in 2017, as other players continue playing catch up and scramble for funds to invest in more diverse applications.

  • Global notebook shipment forecast, 2017 and beyond

    This Digitimes Special Report examines key factors in the notebook industry, including products, vendors and ODMs, that will affect total shipments in 2017 and through 2021.