31 Oct '11, 9am

GCL Group enters sapphire substrate market

The price of sapphire substrates has been falling rapidly in 2011 causing the market to suffer loss. GCL stated that there were around 70 sapphire firms in China at the beginning of the year, but as some of the firms have exited the market, the market has become normal. GCL expects 2-inch sapphire substrates to stabilize around US$10-12/unit in fourth quarter.

Full article: http://www.digitimes.com/news/a20111031PD210.html

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