Luxiao Technology (002617) announced on the evening of January 25 that the company's shareholding company, Berne Luxiao Sapphire Co., Ltd. has completed the construction of the first phase of the civil engineering project, and 200 sets of sapphire crystal growth equipment have been installed and commissioned before the end of 2014. Waiting for the preliminary work, and began trial production in January 2015. The main products of Berne Laughing Sapphire Co., Ltd. are sapphire crystals and round and square crystal products, which are mainly used in electronic products such as mobile phones and watches.
According to the announcement, Zhejiang Lutong Electromechanical Co., Ltd. (hereinafter referred to as “Lutong Electromechanicalâ€), a wholly-owned subsidiary of Luxiao Technology, signed a “Product Purchase and Sale Contract†with Berne Luxiao on January 23, and Lutong Electromechanical revealed to Berne Supply 145 sets of 80 kg sapphire crystal growth furnace equipment, the contract amount of 162.4 million yuan (including tax).
From the current application of sapphire materials, the demand on LEDs is expected to consume 2 to 3 million pieces per month on average, and with the popularity of high-end mobile phones and tablet lenses, home button applications, and the market entry of Apple Watch next year, The application of sapphire materials is becoming wider and wider.
At present, the main reason for the low-slip sentiment of sapphire materials in the market is still the bankruptcy of GTAT. Ping An Securities believes that the reason for the sapphire's failure in this stage is the problem of technology and cost control, but in the long run, as long as there are new fields of application. The possibility that the process, technology, cost and other issues of new material production will be gradually digested over time.
At present, it may be early to predict whether sapphire will actually be applied to the next-generation Iphone panel, but it is still worthy of attention from the perspective of the new material industry chain.
Qilu Securities believes that with the promotion of sapphire in the Apple product chain and other smart phones, the demand for sapphire will increase in the future. In 2016, the sapphire application market will add nearly $2 billion in space, which will be more than three times the market for LED substrate materials. Apple opens up the sapphire development space.
Lue Lai Optoelectronics is one of the world's largest screen glass processors for mobile devices. Its screen glass products account for 30% of Apple's equipment supply and 20% of Samsung's. In addition, Berne Optics also provides screen products for companies such as Nokia and Lenovo.
In the future, with the promotion of sapphire in the Apple product chain and other smart phones, it is expected that the demand for sapphire will increase in the future. Qilu Securities believes that Luxiao Technology is one of the most profitable companies in the sapphire industry chain. It has established a joint venture with Berne to bind the customers with the largest demand for sapphire. The company's sapphire industry has huge development space and strong performance.
According to the announcement, Zhejiang Lutong Electromechanical Co., Ltd. (hereinafter referred to as “Lutong Electromechanicalâ€), a wholly-owned subsidiary of Luxiao Technology, signed a “Product Purchase and Sale Contract†with Berne Luxiao on January 23, and Lutong Electromechanical revealed to Berne Supply 145 sets of 80 kg sapphire crystal growth furnace equipment, the contract amount of 162.4 million yuan (including tax).
From the current application of sapphire materials, the demand on LEDs is expected to consume 2 to 3 million pieces per month on average, and with the popularity of high-end mobile phones and tablet lenses, home button applications, and the market entry of Apple Watch next year, The application of sapphire materials is becoming wider and wider.
At present, the main reason for the low-slip sentiment of sapphire materials in the market is still the bankruptcy of GTAT. Ping An Securities believes that the reason for the sapphire's failure in this stage is the problem of technology and cost control, but in the long run, as long as there are new fields of application. The possibility that the process, technology, cost and other issues of new material production will be gradually digested over time.
At present, it may be early to predict whether sapphire will actually be applied to the next-generation Iphone panel, but it is still worthy of attention from the perspective of the new material industry chain.
Qilu Securities believes that with the promotion of sapphire in the Apple product chain and other smart phones, the demand for sapphire will increase in the future. In 2016, the sapphire application market will add nearly $2 billion in space, which will be more than three times the market for LED substrate materials. Apple opens up the sapphire development space.
Lue Lai Optoelectronics is one of the world's largest screen glass processors for mobile devices. Its screen glass products account for 30% of Apple's equipment supply and 20% of Samsung's. In addition, Berne Optics also provides screen products for companies such as Nokia and Lenovo.
In the future, with the promotion of sapphire in the Apple product chain and other smart phones, it is expected that the demand for sapphire will increase in the future. Qilu Securities believes that Luxiao Technology is one of the most profitable companies in the sapphire industry chain. It has established a joint venture with Berne to bind the customers with the largest demand for sapphire. The company's sapphire industry has huge development space and strong performance.
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