Taipei, Thursday, April 27, 2017 00:03 (GMT+8)
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
  • SMIC reportedly hires former TSMC R&D exec

    Bits + chips | 2h 3min ago

  • Magellan, Samsung America to partner on ELD products

    Before Going to Press | 1h 53min ago

  • Vivotek works with partners to integrate H.265 technology into software

    Before Going to Press | 1h 55min ago

  • Digitimes Research: LCD monitor shipments see around 6-7% drop in 1Q17; will continue to decline in 2Q17

    Before Going to Press | 2h 38min ago

  • Cree to set up LED packaging joint venture with Sanan Optoelectronics

    Before Going to Press | 2h 40min ago

  • LG Display 1Q17 net operating profit hits record

    Before Going to Press | 2h 43min ago

  • Elan sees earnings, EPS improve on year in 1Q17

    Before Going to Press | 2h 46min ago

  • SMIC reportedly hires former TSMC R&D exec

    Before Going to Press | 2h 47min ago

  • Taiwan market: Garmin launches new smart bracelets for sport activities, children

    Before Going to Press | 2h 48min ago

  • UMC expects flat performance in 2Q17

    Before Going to Press | 2h 56min ago

  • CyberLink nets NT$0.39 per share for 1Q17

    Before Going to Press | 3h 1min ago

  • Taiwan market: More China vendors to follow Oppo to expand share in local smartphone market

    Before Going to Press | 3h 3min ago

  • Nanya to ramp 20m process output

    Before Going to Press | 3h 4min ago

  • SPIL posts profit drop in 1Q17

    Before Going to Press | 3h 6min ago

  • UMC to roll out 22nm process in 2018

    Before Going to Press | 3h 7min ago

Pause
 | 
View more

Global notebook shipment forecast, 2017 and beyond

RESEARCH EXTRAS | Jan 25, 14:34

Digitimes Research estimates that 2016 was another down year for the global notebook market, with shipments dipping below 150 million. While the market will continue shrinking in 2017, the drop will be much less dramatic, as Windows 10 adoption in the enterprise...

Global AP demand forecast, 2017-2020

RESEARCH EXTRAS | Jan 16, 12:01

Digitimes Research expects global application processor (AP) shipments to increase more than 8% in 2017 and surpass the 1.9 billion mark, with smartphones remaining the main application. After slumping in 2015, Qualcomm returned to form in 2016 and will continue...

Global tablet market – 4Q 2016

GLOBAL TABLET | Mar 9, 14:10

In the fourth quarter of 2016, global tablet shipments reached 52.25 million units, showing on-quarter growth of 14.3%.

Taiwan handsets – 4Q 2016

TAIWAN MOBILE DEVICE | Mar 3, 14:43

Taiwan's presence in the global handset market continues to shrink. Its share of global shipments is expected to drop below 2% in the first quarter of 2017.

China smartphone AP shipments – 4Q 2016

CHINA SMARTPHONE AP | Feb 24, 14:04

Digitimes Research forecasts smartphone AP shipments to China in first-quarter 2017 will show an on-quarter drop of 15.9%.

Global notebook shipment forecast, 2017 and beyond
Trends and forecasts for the China FPD industry, 2014-2017
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.