GT Solar Acquired First Sapphire Crystallization Orders From two China-based Firms

GT Solar has acquired its first two orders totaling more than $84 million for sapphire crystallization systems from Jiangsu Jixing New Material Co., Ltd and Jiujiang Sapphire Tech Co., Ltd.

Total annual production capacity of the two orders is approximately eight million two-inch equivalents (TIE) of sapphire substrates.

The two orders represent GT Solar's entry into the LED equipment market, which GT Solar stated it would pursue when it announced its acquisition of Crystal Systems in July of 2010.

The two orders in combination with other DSS and polysilicon orders bring GT Solar's Q3 quarter-to-date bookings to more than $245 million and strengthen the company's view for a strong FY 2012 based on the pipeline of orders still under discussion with customers.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Violumas, provider of high-power UV LED solutions and inventor of 3-PAD LED technology, is proud to launch the release of new 275nm and 265nm LEDs in mid-power, high-power, and high-density packages. The radiant flux of the new 275nm and 265nm... READ MORE

DURHAM, NC – November 12, 2024 –– Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced the launch of its new CV28D LEDs with FusionBeam™ Technology, a groundbreaking advancement for the LED signage market... READ MORE