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Sapphire substrate maker Wafer Works Optronics reports net loss for 2011

, Taipei
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Weak demand in the LED market in 2011 caused pricing of upstream sapphire substrates to decrease as well. 2-inch substrates have been quoted around US$8-10/unit.

Wafer Works Optronics reported fourth-quarter 2011 revenues of NT$16 million (US$541,455). Net losses in the fourth-quarter 2011 reached NT$148 million. The firm reported 2011 total revenues of NT$378 million with a total net loss of NT$305 million.

Crystalwise reported December 2011 revenues of NT$130 million, up 40% on month. Crystalwise's 2011 revenues were NT$2.256 billion, up 23% on year.

Tera Xtal reported December revenues of NT$96 million, but 2011 total revenues reached NT$2.324 billion, up 36% compared to 2010.

Crystal Applied's December revenues dropped to NT$44 million. 2011 revenues were NT$195 million, down 11.75% on year.

Article translated by Jackie Chang