Zhejiang Shangcheng Science & Technology Co., Ltd (Shangcheng) has continued to place a $12.6 million order from GT Advanced Technologies for additional ASF™ sapphire growth furnaces. GT's ASF(tm) utilizes the production-proven heat exchanger method (HEM) for producing high quality sapphire boules and cores suitable for the LED industry and other industries requiring high quality sapphire material. The ASF furnaces will increase Shangcheng’s production capacity, which the company believes is needed to meet expected demand from the LED...