GT Solar grabs LED sapphire substrate market and expands cooperation with Taiwanese manufacturers

GT Solar, the world's largest solar crystal growth furnace equipment supplier, is selling well, revealing that the main customers Green Energy and Sino-US crystal orders are strong. GT Solar will continue to pursue new LED sapphire substrate related business and will expand cooperation with Taiwanese manufacturers.

Recently, the solar wafer market is hot, and Green Energy orders are 1.5 times of capacity, and the GT Solar machine is continuously introduced to expand production. Green Energy expects that the short-term supply of solar energy in the wafer market is difficult to understand, the price remains high, and the operating outlook is positive. Green Energy's share price rose 0.8 yuan yesterday to close at 87.3 yuan.

GT Solar's solar business grew strongly, and the day before yesterday (11.16) came to Taiwan to hold a press conference, announcing that the company will also enter the LED materials business.

Jeff ery Nestel-Patt, director of marketing and communications at GT Solar, said the company will cut into LED sapphire substrate-related equipment and produce LED sapphire substrates by investing in Crystal Systems.

LED sapphire substrate related business, is responsible for GT Solar, the crystal growth furnace will be mass production from next year, and will cooperate with Taiwan LED factory.

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